Entrepreneur’s List of Experiences to Accomplish
31st August 2012 · 1 Comment
If you “Like” us on Facebook or follow us on Twitter, you may have seen us link an article called “The Entrepreneur’s Bucket List.” The top 10 list of things every entrepreneur should experience included:
- Start a business
- Sell a business
- Take a company public
- Go out of business
- Fire an employee
- Pay back a bank loan
- Work with a partner
- Write a book
- Go on a vacation (and still make money)
- Pay it forward
Give back.
In the article, the writer suggested a way to “pay it forward” could be through investing in other entrepreneurs. We absolutely believe in the importance of giving back. From leadership and mentoring positions (Entrepreneurs’ Organization, Greenlights for Nonprofit Success, American Factoring Association and Commercial Finance Association) to supporting favorite charities, giving back benefits us as much as the people we serve. A favorite “pay it forward” opportunity for us is supporting the Beretta USA No Worries Classic benefiting Wonders & Worries. (We invite you to join us in support of this great cause!) You can read more about giving back in our recent blog post!
Being an entrepreneur means a life filled with new experiences, and we’ve included two more that we believe are important as well.
Bounce back from failure.
Entrepreneurs face many obstacles starting and running their businesses. Inevitably, there will be things you consider a failure. But as it’s said, you can’t appreciate the good without the bad. Learning from a failure and coming back from it to create something even more successful is an accomplishment worth experiencing and celebrating!
Grow your business.
Though it’s a less specific than the other experiences, it’s satisfying to see the numbers and watch your business grow. Experiencing and appreciating firsts like winning your first customer, signing your first deal, getting your first office, and hiring your first employee will give jolts of excitement and fuel inspiration.
What other experiences are important for entrepreneurs?
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Most entrepreneurs I know don’t have bucket lists relating to being an entrepreneur. Entrepreneurship isn’t about a checklist but about striving for success. An entrepreneur is born not developed. An entrepreneur has 3 distinct characteristics; 1) a person that gets things done always, 2) someone who is willing to take an abnormal risk, 3) someone who is passionate as hell about what they are doing. Lists are fine but the real entrepreneurs, like talented artists are out there everyday striving to create something that has never been created before. And most of the time against all odds. The list you refer to is a business man or woman’s bucket list and has very little to do with entrepreneurship. It would be similar to an artist having a list that includes “sell a painting to a rich guy.” The list consists of natural by-products of entrepreneur success not concrete milestones. To wrap this up, business people create lists, entrepreneurs generate activity that spawns achievements, milestones, successes and failures, measured by others. The “real” entrepreneur, like the “real” artist only cares about the journey.