Many ‘entrepreneurs’ I meet just want to be the ‘big ideas’ person. They’re not interested in the little stuff.
But businesses win or lose based on the execution of the little stuff.
It has to happen.
So, either the entrepreneur has to do it, or they are so well capitalised that they can pay people to do it.
The problem for most starting out is that they aren’t that well capitalised, which means either they have to do it, or it won’t be done.
That’s why a mentor of mine, Keith Cunningham, wisely says, “Structure is the price the entrepreneur must pay for success.”
The entrepreneur starting out can’t just be the big ideas person, they have to be customer service, sales, marketing, administration, accounts, operations etc.
As the business grows, more and more of these functions can be taken care of by employees, until ultimately the entrepreneur is almost exclusively focussed on strategy. And as this happens their value to their organisation grows. But they can’t skip straight to it.
And that’s why only a few ever achieve huge success.
Are you prepared to pay the price?
A while ago I encouraged my daughter Zara not to listen to a friend who wanted her to do something that she didn’t feel good about.
When we focus on a past that we don’t like, we are living in a state where we are hoping an imaginary future will heal a non-existent past.
Recently I was in a situation that wasn’t what I wanted, but there wasn’t anything I could do to change it.
Is it to never stop believing?
If you fill up every area of your life with little regard for the quality of what you’re filling it with, there’s not much room left.
“Fortune favours the bold.”
“Look before you leap.”
So, which one is it???
We all make them.
The thought of hard decisions is often worse than the consequences.
Some people bring magic into your life.
I’m in my office at the moment. This morning I’ve planned next week, had multiple meetings and worked on some strategic moves for my business.