Friday, August 14, 2015

Being an Entrepreneur Isn't About Being Smart, It's About Being Strong

I recently watched an episode of Peter Jones's 'How We Made Our Millions' which is essentially a TV show looking at successful entrepreneurs and how they have become what they are today. As someone who is aiming to be an entrepreneur and create their own wealth I was interested to see not just how effective some enterprise models can be, but also what it takes to drive it. I was frankly quite shocked. To help understand what I'm about to say it would be ideal to watch 20:45 to 21:10 of the episode or even the whole thing if possible.



Many of us would think that being an entrepreneur and becoming wealthy are very similar things and furthermore that its more about having a great idea than hard work. Of course its very important that if you want to be entrepreneurial, you put a lot of time into thinking about what idea you want to turn into a business and how you are going to do it. But the side of enterprising and driving your idea that isn't that well known is the side which takes the biggest toll. Let me explain.

They say that behind every great man is a great women. Behind (almost) every great entrepreneur is someone who is fastidious about being in control and doubts themselves at every step. In the episode I mentioned above at 42:20 Peter speaks to a former investor of one of the subjects, Michelle Mone, who started the lingerie company Ultimo. He mentions, quite powerfully, that under that rock hard exterior of determination and strength, Michelle is actually quite fragile. Many people trying to get a business of the ground find that their own worst enemy is themselves and fight this doubt, giving them the drive to get things done and make them work. So while the public sees these figures turning rags to riches, behind the scenes is a person who finds themselves fighting their own self doubt every day.

Really then, those entrepreneurs who succeed do so, not because they've got the best idea, but because they have the strength to carry on in the face of overwhelming risk and failure. There is a lesson in this. Often barriers standing between you and making it big are ones created not by external factors, but by yourself. Instead of saying I can't, people like Michelle simply don't take no for an answer. Any issues are just problems to be solved and deal breakers generally don't exist.

Really then, if you want to be an entrepreneur, be ready to challenge yourself on both a mental and physical level and get your mental hiking boots on because there's gonna be a big mountain to climb. But by chipping away at it every day and keeping your head up, you'll get there.


Video by Armando Macedo:


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