Michael Gerber raises an interesting observation, in his book eMyth Revisited, he says "The problem is that everybody who goes into business is actually three people-in-one: The Entrepreneur, The Manager, and The Technician. And the problem is compounded by the fact that while each of these personalities wants to be the boss, none of them wants to have a boss. So they start a business together in order to get rid of the boss. And the conflict begins." This means that in a partnership there are actually more people than the eye meets. Without this knowledge, friction and worse still breakup is guaranteed. To be successful in business, reading broad and wide cannot be overemphasized.
Posts
- Get link
- X
- Other Apps
Entrepreneurs face relentless pressure often leading to stress. Learn the Art to Let them be who they are, and Let you be you - To understand this stress relieving technique, read the book, The Let Them Theory by Mel Robbins. You will learn that by concerning yourself with other peoples' actions you give away your power, while by letting them you will regain your power. Never allow circumstances drain you of your energy.
Business failure
- Get link
- X
- Other Apps
At the heart of business failure lies a devastating lack of education , which breeds delusional self-assessment . Business owners who experience failure suffer from The Dunning-Kruger effect which states that individuals with minimal ability grossly overestimate their potential, skill, and worth simply because they lack the very knowledge needed to recognize their deficiencies. Unaware and untaught, they charge forward blind to market realities, ignorant of cash flow management, and unprepared for the grueling demands of entrepreneurship. The verdict is clear: Entrepreneurial success is not an accident; it is a choice. Those who fail choose ignorance. Those who thrive choose education.
- Get link
- X
- Other Apps
Extract from my upcoming book - Entrepreneurial Siege: The Art of Business Warfare; "The entrepreneurial journey is as much a mental battle as it is a physical one. To withstand the relentless pressures of entrepreneurship, ranging from financial uncertainty to market competition and operational challenges, you must cultivate a warrior’s mindset".
- Get link
- X
- Other Apps
Entrepreneurial Siege Before stepping onto the entrepreneurial battlefield, you must arm yourself to the teeth with the right armour . This begins with acquiring the necessary skills and knowledge to navigate the complexities of business. The chasm between successful and unsuccessful entrepreneurs is not a matter of luck but a matter of knowledge, discipline, and self-awareness.