What is an entrepreneur?

What is an entrepreneur?

An entrepreneur is defined as a person who exercises initiative by organizing a venture to take benefit of an opportunity and, as the decision maker, decides what, how, and how much of a good or service will be produced. He or she supplies risk capital as a risk taker, and monitors and controls the business’ activities as a manager. The entrepreneur is usually a sole-proprietor, a partner, or the one who owns the majority of shares in an incorporated venture.

This is a great definition from a text book standpoint, but being an entrepreneur is so much more than a literal definition. It takes passion, determination, consideration, optimism, and ambition to be a successful entrepreneur. With that being said, any good business pioneer knows, it not only takes a great leader, but a great team as well to produce success. But how do you come about having a great team of dedicated, hard working individuals?

Employees should mainly be hired for their personality and how well they fit into your working environment, not for their skill sets. Hire employees based on their ambition, excitement, and drive to help take your company to new limits. During the interview process, discuss specific projects and ideas that you are currently working on, and then wait to see their reaction. If you cannot see that fire in their eyes, or that light bulb come on in their head, then they are not the right fit for your company. You want to hire employees that get excited about the same things you get excited about, who share common interests, and overall, who are just dying to be a part of your company no matter the position they are offered. These are the types of people that are going to test the limits and help your company grow. When these employees are hired, encourage them and motivate them to test the boundaries and add to the company’s culture. Allowing your employees to grow individually within the company will help your company grow as a whole.

Your employees spend 40+ hours at work each week. Wouldn’t it be great to have employees who wake up every day and love coming into work? Yes, this can actually happen. As an employer and an entrepreneur, you will want to create a place where employees want to show up for work every day, and are happy to be there. A working environment should consist of a unique culture. Each organizations culture must be different. It must cater to the needs and personalities of those particular employees. This culture needs to be exciting, motivating, refreshing, enriching, and quite frankly, kick ass. Who wants to wake up every morning and sit in rush hour traffic, just to come to work and sit in a boring cubical consisting of three ugly walls secluding them from every bit of social life? I don’t know about you, but this type of environment does not make most individuals feel welcome or encourage them to be productive.

I am sure you all have heard of Google’s culture and working environment-free lunch, laundry service, day care, etc. Google has applicants lined up, and then some, to work for them. It is mainly because they want to be a part of such an exciting and vibrant culture. If you get the chance, Google some images of Google’s office, then you will see why people are fighting for interviews. On the opposite side, think of Microsoft. Their culture is nothing close to Google. They are both very successful companies, but they have very different ways of running their business. There are no lava lamps sitting on desks, or hundreds of tiny troll dolls, just boring cubicles. If you had to choose between a colorful, exciting office and a dull, boring office, which would you choose? Don’t you think your employees would make the same decision?

“Find a job that you love, and you will never work a day in your life”-Confucius

If you’re passionate about being an entrepreneur, check out this video by GetGrasshopper.

http://www.youtube.com/watch?v=T6MhAwQ64c0

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