![]() |
Entrepreneurialism Information |
|
|
Curb Your Enthusiasm
Isn't enthusiasm a good thing? Aren't we urged to be enthusiastic about what we do? To be committed? We are...but enthusiasm has a dark side too. When the word first came into the English language (from Ancient Greek, via French) it had a far more extreme meaning. It meant to be possessed or inspired by a supernatural force and was used to describe the extreme religious sects that grew up with the Reformation in Europe. Enthusiast was a term of abuse, like fanatic or extremist today. It took more than two centuries for the word to acquire the modern sense of eager or motivated. Don't Get Carried Away It's this original aspect of enthusiasm that needs watching. There's an irrational aspect to it: a sense that emotions have taken over and the mind is on hold. The dark side of enthusiasm is its ability to overwhelm caution in a flood of eagerness. When that happens, you're swept along on the current of your excitement, blind to anything that might suggest you're on the wrong track. Worst of all, enthusiasm blocks your ears. You won't hear the warning signs that your audience isn't with you. All First Attempts Are Prototypes Very, very few entrepreneurs get it right first time. The usual pattern is a long series of rejections, leading up to a breakthrough. Those rejections are necessary. Think of each one as a prototype of your final product. You put it together, show it to some important people and they tell you what they think. With each rejection, you get feedback to improve your idea, until the final version is reached. If you'd gone to market with the first, it would likely have flopped anyway. Only the final version is good enough to fly. So, if enthusiasm has blocked your ears, you'll miss the feedback. What you'll take to market is still Version 1.0 -- the one that wasn't good enough. Talking To The "Big Dogs" At some stage in putting your new business together, you'll have to sell the idea to some important people -- maybe investors or potential partners or others with the power to give you push forward or hold you back. How do you make sure these "Big Dogs" will support you? You don't do it by rushing in full of enthusiasm and nothing else. Pick Your Time And Place You get carried away by enthusiasm for a new idea. You tell your friends, but they don't seem enthralled. You're bursting to get the idea off the ground, so you rush around trying to win the support you need. Maybe your idea really is a good one underneath, but if you continue like this, all you'll get is rejection and frustration. Present What's In It For Them The people whose support you need are busy -- very busy. They don't have time to deal with anything they don't immediately find interesting. Certainly not with someone whose natural enthusiam has blinded them to clear defects or gaps in their proposition. Besides, like all of us, they're mainly interested in what's in it for them. Unless they see the benefits to them right away, they'll think you're wasting their time. Enthusiasm can be contagious. But it can also make you so carried away by the benefits for yourself you don't stop to think what's in it for the people you want to win over. Stay In Control and Pick Your Time Carefully Curb your enthusiasm. Don't stop it or ignore it, just get it under control. Don't allow yourself to be carried away by all that emotion, even though it's positive. Stop. Think. Plan and have patience. Pick Your Time. If it's truly a good idea, it deserves to be presented how and when it has the best chance of success. If you rush off after a business idea that isn't properly thought through, it does very bad things to your credibility. Damage done there may have to be paid for far into the future. Get To The Point -- Fast! Big Dogs have virtually no patience. They're pressured every moment by people with grand ideas, people who want their support, and many who want their cash. They have no time to approach a idea in a roundabout way. If you don't show them, right away, precisely what your idea is, why it's a good one and what they'll get out of it -- preferably in less than 100 words -- you've lost them. Enthusiasts never feel they've explained an idea adequately. They go over and over it, adding little refinements and wandering off on fascinating diversions. They never use 100 words where 1,000 -- or maybe 10,000 -- are possible. Make Your Best Points -- Then Shut Up! Enthusiasm is like fire: a good servant but a bad master. Only if you remember to keep it within proper bounds, will it light up your listeners and bring them over into your side. It's so tempting to keep working away at an unresponsive audience. Surely the next point will win them over. Or the next. Think like a stand-up comic. If you haven't got your audience in the first minute or so, you never will. Further effort is digging in the bottom of a hole. So make your best points, then keep quiet and listen. See how things are going. Respond to objections or questions. The time for enthusiasm is when your audience is already on your side. If they're not, get off the stage as fast as you can and keep the credibility to come back another time. If you don't, you'll convince them nothing you can ever say in future will be worth hearing either. All entrepreneurs need enthusiasm. It's the fuel that keeps you going. Just treat it like gas: A great thing to have in your personal tank, but not something you want to spray over everyone you meet -- especially if they may be smoking a big cigar. Adrian W. Savage writes for people who want help with the daily dilemmas they face at work. He has contributed more than 25 articles to leading British and American publications and has been featured in The New York Times, The Wall Street Journal, USA Today and The Chicago Tribune. You can find his blog on ethics, diversity and living life to the full at http://www.adriansavage.com.
MORE RESOURCES:
entrepreneurialism - Google News |
RELATED ARTICLES
Solving the Million Dollar Mystery: 4 Steps To Create A Turn-Key Business You're a smart, hardworking entrepreneur, and you're moving fast. You are highly educated in your field and your business is growing and getting busier each day. Franchise Business and Franchise Businesses Franchise business is being part of a successfully proven business that has a name or trademark that is well known and profitable. Franchise businesses are strategically tried and marketable with options to expand by offering products and services that appeal to the consumer. The Danger Of Hate As you have shown an interest in starting a business of your own it would be safe to assume that you want to change your life. You want more money - more control over your life - more respect. From Entrepreneur to Infopreneur: Make Money Selling Info Products The term "Infopreneur" is a relatively new industry buzz word that is making waves because it opens doors for entrepreneurs to generate new streams of income. Simply put, an infopreneur sells information. How Home-Based Business Entrepreneurs Think Too many people are trying to start their home businesses with an ordinary employee's way of thinking. This has become a common reason why not long after sitting down and giving it a fair look into even the most lucrative business opportunity they bump into, they put it away and decide not to take any chances. Increase Profits with No Pain, No Change Approach Implementing changes, even when they're good for your business, can be tough. As the old adage goes, old habits die hard and it's just as true in business as it is in our personal lives. How to Be an Entrepreneur and Keep Your Sanity Define for yourself what an Entrepreneur is:What makes you think you can start and grow a business?Do you make something that people just have to have?Are you talented in a way that make you stand out from the crowd?What makes you different from Joe Schmoe?Conduct a quick skills assessment and ask yourself what makes you stand out from the rest?What are your ultimate goals? Why are you striking out on your own? Burning Desire Financial Empowerment A new beginningWhat's the Big Idea: Contrast your strengths and weaknesses. Identify your hobbies, skills or your any innovative products you've created, then: List it Test it Work it Sell itTick-Tock-Tick-Tock. Entrepreneurs - Your Well Being Should Come Before Profits I believe the spiritual aspect of life, especially to entrepreneurs, is very important. While business may be the focal point for an entrepreneur's life, it's your outlook on life that shapes what kind of person you are. Top 10 Mistakes Entrepreneurs Make Before They Even Start So you want to start a business. You have an idea. The Entrepreneurial Difference Who would ever have imagined that going door-to-door in my neighborhood selling figs from a bright orange shopping cart would have been my entrepreneurial beginnings?I surely did not. But, now that I look back and also look around me at other business owners, I see clearly that so many of the traits common to entrepreneurs are present at a very early age. Coating Service Business Case Study There are many coating businesses in the market today, but have you ever asked yourself how one gets into this line of work? How they are formed or what prompts someone or some entrepreneur to go out and start a business to fill this niche? Well this is an interesting case study that shows how we became interested in this industry from a sub market of the coating business; Spray in Bed Liners. Our company is in the auto detailing business, www. Franchises - A Proven Business System Franchises offer the first time business owner a proven and successful business opportunity. If you are looking to start your own business for the first time, franchises provide you with the greatest opportunity for success. 5?4?3? 2...1? A streak dating back more than three decades came to an end at midnight on New Year's Eve. For the first time since 1972, as America rang in 2005, "America's Oldest Living Teenager" was not in Times Square to count down the dropping of the giant ball. Hurricane Katrina, Death, and a Different Type of Entrepreneurship I've seen terrible images today on the television and internet-bodies of the elderly and infants floating in attics, buildings collapsing, seals washing up in the middle of highways. All I can say is that our thoughts go out to those in New Orleans, Gulfport and surrounding areas in this sad time. Innovation incubator: Build it and keep it running If your company is like the one I work for, your people are talking about the need for innovation. Mine has just announced a new program "that will bring a standardized approach to gathering and evaluating your ideas for generating new revenue and improving our business. The Entrepreneurs Dilemma In business, you plan to protect your inventory, your unique ideas and approach, and your money. It's easy to replenish inventory, come up with new ideas and make more money. Health Insurance for Solo Entrepreneurs One of the most important benefits employed people enjoy is health insurance coverage. It is also the single most costly expense for self-employed entrepreneurs. Lessons Learned from Successful Entrepreneurs Entrepreneurs are a special breed of high achievers. They create things, get things started: businesses, clubs, churches, associations, even nations. The Desire For Money, Do You Have Business Sense? For those of us who grew up with parents who worked for businesses rather than owned them, the world of business can be quite a mystery. Even more so if we've dared to try to start one of our own. From Bank Clerk to Entreprenuer What seems like a century ago, I left school and joined a well-known High Street Bank. In those days working as a bank clerk was a well-established route for many school leavers and perceived to be a proper job with prospects. |
| Article List | Index | Site Map |
|
All logos, trademarks and articles on this site are property and copyright of their respective owner(s).
The comments are property of their posters, all the rest is Copyright © 2006 CanadaSEEK.com - All Rights Reserved. |