Let’s scrap the dictionaries for today and define what Entrepreneurship is. I think it’s more of a concept or an idea rather than a thing or a status. It is an action word and something that does not revolve around everyone. It is a choice, a role and a journey all in one. It is the very concept that the American economy and several economies around the world thrive on and depend on for survival. It is the idea that will propel you, I and the rest of humanity toward a better financial future. It’s the backbone of all commerce. It’s the reason jobs exist.
Wrap your thoughts around this: Entrepreneurship is the process of making YOU better, more profitable and more capable. I love the fact that the word “process” is used here. Entrepreneurship is a process that involves taking risk, failing, succeeding, learning, growing, connecting, changing, consistency and many many more! You can’t just take a college course and say, “BAM, I am now an Entrepreneur. Now where’s my money?!” It doesn’t work that way and never will. A college education cannot teach you how to become a true Entrepreneur. Business ethics, economic education and other skills will only take you so far in the process. More is required.
Now allow me to get a little religious here without getting too religious. We all have heard the phrase, “Entrepreneur spirit!” When someone has the spirit of an Entrepreneur, it’s almost as if they are possessed, controlled and driven by some unseen force or power. They have that extra bounce in their step, their creative wheels are always turning and they live each day with more than average passion. They have a definite purpose.
The Entrepreneur spirit is the additional piece of the pie. It is the thing that an educational institute cannot teach. It’s kind of like a talent. In order to become better at that talent, you must use it and exercise it. Some are born with it, others aren’t.
Entrepreneurship is a process of taking an idea and changing it into an enterprise that will benefit OTHERS. The trick to making a fortune is to find a solution to a problem. Right!? Is it really that simple? Yes, it is. If someone wants to listen to music all day, the Entrepreneur makes the mp3 player. If someone needs shoes in Africa but can’t afford them, the Entrepreneur starts a business that can provide shoes for the needy. If someone is looking to change their lifestyle from struggling to flourishing, the Entrepreneur provides the income opportunity. Supply and Demand. I would think, for an Entrepreneur, it is reversed. Demand and Supply!
Entrepreneurship is the process of learning to be truly FREE! What does it mean to be “Truly” free? Does it mean to live in a country that allows you the right to do as you please, to come and go as you may? Does it mean the right to practice your choice of religion or exercise your right to freedom of speech? I live right here in the USA, the land of the free. Does that mean I am truly free?
Freedom, true freedom, is Entrepreneurship. No boss to govern you, no time restraints (unless you choose them), no requirements or outside dictators. It’s just simply you, your creativity, your ambition and your ability to choose for yourself the lifestyle you are to live today and tomorrow and the next day. Wake up in the morning because you want to, not because you have to. Entrepreneurship gives you the ability to create solutions, assist and inspire others and in turn, get rewarded for it.
Life in Entrepreneurship is a blank canvas. Most people would be terrified by it as they think of their lack of artistic ability, but the Entrepreneur in spirit is excited about it because that means he can do with it whatever he chooses. No coloring within the lines, no clashing colors and no defined picture. Just pure freedom.
When the sun goes down at the end of each day, I can say that I am living free. As the sun rises in the morning, it rises just for me. It gives me another today to create my day as I see fit! All in all, my worst day as an Entrepreneur is far better than my best day imaginable not as an entrepreneur. I can truly say, “I am Free!” Can you?