Skip to main content

Entrepreneurship and Leadership

What takes entrepreneurs to be a leader? Energy, charisma, passion, willingness or knowledge? Do they have to be a leader?

In the “Message to Garcia” article says “The ability to execute is more valuable than education or talent, because it is far rarer”.

The main message is the person who decides to accomplish an important task is dedicates himself fully. There are no questions or doubt.

If you are the main part of the business, you have started think about it, are you the right person to accomplish this task. It is impossible to delegate the important task to someone capable of doing it whatever the persons background education or knowledge.

Being entrepreneur takes courage and leadership character, which can be developed. Otherwise, he or she alone can’t accomplish much. Woody Allen said that 90% of life is “just showing up.” If so, the most important 10% of life is execution. Far too few people do either consistently. But if the ability to execute is so valuable, why is it so rare? Why aren’t more people self-starters who can stay on task until the job is finished?

Some always blame the younger generation. But it turned out it is nature of human. The most people react rather proact.

Trust others is the fundamental of gaining a trust from others. Zappos introduced online store of shoes. The doubt was how ladies will buy shoes without trying it on? But Zappos shipped the shoes for free and said will pay for return shipping if they did not like the shoes. They built trust.

Entrepreneurs must think the way that to solve the problem in the world not to make the money. Also, thinking how to help the other person rather how to get a help from him.

Entrepreneurs can be nicest person and gather the nice people around would build a great team or company. The goal is to have an excellent team that stays together stands for each other and create something great for society.

Carly Fiorina said “I think leadership is about three things: capability, collaboration, and character.” She described capability is for example being able to ask and listen carefully. Capability: you have to celebrate new ideas, take risks all the time, try new things. Because however good the answers you have had are, every person, every organization, eventually reaches a time when the old answers aren’t good enough anymore. And then the only thing that works is creativity, and new ideas, and risk taking, and innovation. The other important part about capability I think, is to keep learning; to learn something every day. If you - I’m older than most of you, so I can say this with some certainty.

Entrepreneurs are leaders and they have to have a strong determination to follow his passion and able to lead people with kindness, and capability to ever learning state.

Comments

Popular posts from this blog

How many kids in one car?

In 1990's one of my memorable Lunar New Year holiday occured and I never forget the day. Traditioanlly we visited our oldest parent or grandparent than start visiting other relatives families. It usually takes at least 3 days and we still have more families to visit. Our aunts and uncles expect us to visit and when we arrive they steam dumplings and prepare big table. When the guest leave the host family gives gift to every one. Children and adults all get something. One problem was many families did not have cars. During the day we use public bus and walk on the street. Sometimes all my cousins and their parents walk together for 1-2 miles or 2-3 kilometers to next families. Big groups of people walking on the street. Kids are happy because they get lots of candies and cash as gift from every family they visit. One time one my uncle bought an old Russian car and he was only car owner among our relatives. After the last visit to one of our relatives it was late night and there...

Honesty and Business Ethics

In the business world we see often dishonest and unethical occurrences. Some people say "Sorry, nothing personal, it is just business" and trying to express it white lie. Is really business having to have a certain number of dishonest actions? When people want to explain it from different perspectives and own understandings it creates endless argument. If here is no ultimate guidance or center of the principles it will be always contention. That is why there is a law given. It is more like natural law of science. Elder Lynn G. Robbins said in the beginning of the world Adam and Eve did not have much to get tempted to sin. He was saying they had nobody to boast, gossip or complain about. Generally, pride comes from comparing oneself to others and try to seek to show off. According to my observation we don't have to necessarily to get better than others but try to keep up with Jones already brings us the bad side. Seeking materials is already leading us to sinful life...

Gratitude and Entrepreneurship

In the bible Jesus healed 10 men with lepers. The unhealable ill of that time till death. But he cured them all. They all went happily but only one returned to Jesus and fell down on his face at his feet, giving him thank. Jesus said where are other nine and he was disappointed. Why is gratitude important? Let’s think about it. Well could we reflect upon our lives as individuals. We will soon discover much to prompt our personal gratitude. Can we think about how grateful we are for our mother, father, teachers, and friends? All it starts from what they have done to your life. Thing of every detail and big and small things. Observe your feeling to come. How does it relate to entrepreneurship? The pursuit of opportunities is the essence of entrepreneurship. We define an opportunity as a future state that is both desirable and achievable. We also make a distinction among ideas, possibilities, and opportunities. The process of identifying and exploiting entrepreneurial opportun...