Tuesday, November 22, 2011

A letter to aspiring entrepreneurs, Part 2

My dear friend,

Good to be able to write to you again and I hope this letter finds you in the best of health. Heard that you have have tendered your resignation letter; I better hasten my letters to you then, lest you make the wrong step.

Where did we left last in my previous letter to you? Oh, yes, it is about having faith in ourself and your passion.

Lesson 5: Have faith in yourself and your passion. Do not aim to be a good entrepreneur. Instead KNOW and BELIEVE that you are already a good entrepreneur. You have to believe in yourself and your passion. For muslims, I would add believe in Allah, that Allah is there and is watching and taking care of you. Allah had made you as a human being, majestic t in every way, equipped with intelligence, compassion and empathy. You are wired to be successful; all you need to find yourself. And what about the faith in your passion. Well passion is required in entrepreneurship (which I will explain below) but sometimes doing what you like does not bring the immediate cash. It does not look profitable. But beleive me that you will only achieve greatness if you do something that you are passionate about. Get your coach or mentor to help you discover your passion. Remember, you skill is not necessarily your passion; therefore if you are an accountant, it is fine to end up being a fine artist.

Lesson 6: It is a marathon, not a sprint. Entrepreneurship more about the journey than the end. It is a marathon and not a sprint. The trick is not to look at the journey as something that you have to endure, but rather something you will savor slowly, because you are doing what you are passionate about. Every day you wake up as entrepreneur is like waking up to a clean sheet of canvas; nothing written on it, no punchcard not schedule. You are free to draw and be as amazing as you possible can, everyday. You face a problem? You manage the obstacle and you keep running; and while you do that, you amazes everyone including yourself.

Lesson 7: It is not the resources, but resourcefulness. You money that is with you is not going to help much in your business and if you just focus on your money, you are limiting your potential. Yes they will help to put food on the table while waiting for your venture to take off and roll in the big dough, but that is about that. As an entrepreneur, you must not be limited by resources. You must be resourceful, able to leverage and use other people's money, resources and ideas. Open your mind, be creative and the sky will definitely be your limit.

Lesson 8: Have a plan. Have a plan on your venture into the entrepreneurship world. No, not a business plan, but your entrepreneurship plan, your goals and the steps that you need to take along the way. This will keep you from wandering off the road; an entrepreneur has so many distractions because we are free, our time is also free. Here again a mentor would be handy as he could share with you the basic path that you need to follow. The path of bringing your idea into the market and start making money. Forget your business plan first, get your entrepreneurship plan out first.

Lesson 9: Your Business Plan is going to fail you.

I think we will continue this matter in my next letter. In the meantime, enjoy your last few days at work.

Sincerely

Your friend, Yaz

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The Author is the principal of ElixirEducate - a training house for Smart Entrepreneur Program Series. If you would like what you read above, we would be grateful if you could 'like' us at our page here. If you would like to to find out or learn more about the the article above, you can email the author directly at yazdi@theelixirstore.com or be his facebook friend here.
 

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