Leadership with heart, mind, and soul

What Entrepreneurship is All About

Added on by Sam Davidson.

Last week, I was a guest speakers for the current session of CO.STARTERS, being hosted at The Skillery here in Nashville. I was asked to come share my story about starting and growing both Cool People Care and Batch

It was a great time to share with local, like-minded dreamers. Here's some of what I said:

  1. Entrepreneurship isn't about creating a job for yourself. It's about creating a life for yourself.
  2. That said, the point of entrepreneurship isn't to build a company, sell it for beaucoup bucks and then go sit on a beach. Trust me - there are easier ways to make it so you can go sit on a beach. In fact, the best entrepreneurs I know, especially those who have had successful exits, do anything but sit around at any point in time.
  3. If you're not willing to pack a box, sweep a floor, deal with an angry customer, stay up late, fix a toilet, or fold some shirts, you're probably not willing to do what entrepreneurship will require of you.
  4. Passion alone will not create a company. You need skill, too - a real talent and knack for making something.
  5. But even passion and skill together won't mean you have a business. For that, you'll also need customer validation. Will someone pay you for the thing at which you are skilled? 
  6. Your concept and your company will be very closely linked to who you are as a person. Dream and behave accordingly. 
  7. And lastly, are you really sure you want to do this?
If you'd like to get more ideas like these sent to you each day, it's easy: sign up here.