SubscribeIf you are thinking that I am referring to a journey, then you are right! I am referring to the journey of an entrepreneur. Entrepreneurial journey has 3 parts to it:
- The Start;
- The Drive and
- The Finish.
All the stated 3 parts are important to be a winner.
Early/good start provides great possibility to win a car race event (any event, for that matter).
While there’s no age bar for entrepreneurship, early start in one’s life has its own advantages. The risk taking appetite is higher, flexibility curve is better and they are in the listening & doing mode. While experience brings some advantages, it also equally brings in constraints/mind sets. If you study a wide spectrum of very successful entrepreneurs, majority of them had started their journey of entrepreneurship early in their life.
While speed determines the fate of a race event, the preparation phase is time consuming or slow as the process could be elaborate…. as activities such as the car selection, tuning of the car performance, fitness training of the driver, etc., is all time consuming/slow and elaborate.
While the business needs to happen at the speed of thought, it’s important or it’s a prerequisite to provide a lot of care in building an organization. Things take time to build and manage the right team, to fulfill the Vision/Mission of the organization; inculcate and live right values set forth for the organization and to build great brand value for an organization. There should be no hurry or compromise on these aspects.
The finish determines the result. The enjoyable moments on the podium receiving the winning medal is determined by the finish you have.
While you have built a good organization, it can be great only if it translates into an enterprise (it’s true if an organization is either built to last or it’s built to sell). Great entrepreneurs give equal care to handing the business over to safe hands as much as they do to starting and operating an organization.
“Start Early, Drive Slowly and Reach Safely” – that’s the winning formula for entrepreneurship.
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