The Serial (Entrepreneur) Killer
You don’t have to own a business to act with an entrepreneur’s spirit. You can take ownership in whatever role you play, no matter how big or how small the company or organization.
In this week’s podcast – The Serial (Entrepreneur) Killer – my guest, Pat Thackery, and I discussed some things that are sure-fire ways to kill an entrepreneur’s dreams. Some of the primary killers we discussed included:
- Not surrounding yourself with smart people (hopefully smarter than you)
- Freaking out over the daily numbers
- Micromanagement (the “I gotta do it myself” syndrome)
- Assuming that being the owner makes you better than the employees
- Not setting a clear vision for your business
- Not having and being flexible enough to adjust your plan
Doubt – 1 of the Biggest Killers
But there are several other things that can kill the entrepreneur’s dream. One of the biggest is doubt. Unless you’re a narcissist, you probably have at least some doubts. That’s only natural. How you handle them is what is important.
There are many schools of thought out there but here are a few things you might try to keep your doubts in check.
- Identify your strengths. What makes you good at the things you do and how can you play to those strengths in your entrepreneurial endeavors?
- Identify your blind spots. Ask people who know you well, and don’t get defensive or angry with them when they are honest with you. Thank them for their input, then start thinking about how to “cover” the blind spot. Is it something you can turn in to a strength, or is it something that will save you a whole lot of time, energy, focus and heartache if you “outsource” it to someone else?
- Change your perspective. Don’t get caught up in a mode of saying “I can’t do this” in a whiney, defeatist kind of way. Start practicing the “I can’t do this, and therefore I am going to get someone to do it for me – because my talents are better spent on other tasks” kind of way.
- Set small, achievable objectives that lead to bigger goals. If you set huge objectives right out of the gate, you will begin to lose faith when it appears to be taking too long to reach them. Set smaller milestones and objectives along the way. Celebrate when you hit them, double down and make adjustments when you don’t…but keep moving.
- Practice saying “I’ve got this. I can do this.” In my recent article at sbonline.com, I discuss the topic of luck. In it I ask and answer the question “Does luck exist?” Studies show that to a great extent we create luck and that a major key to it is simply believing.
You’ve got this.