The Natural Limits of Entrepreneurship
The Natural Limits of EntrepreneurshipAuthor: Geoff Fickeby: Geoff Ficke I have had the opportunity to work with literally hundreds of individuals who have attempted to become successful entrepreneurs. It is always fascinating to observe the difficulties that always confront people seeking to expand their range from one field of endeavor to another and how they handle obstacles. If it was easy everyone would try and the majority would succeed. In reality, only a few try and far fewer succeed. I am reminded of a story about a United States Naval Academy graduate who rose to become a Fleet Admiral.
One day he was on Chesapeake Bay on a friend’s 40 foot sail boat. The owner asked the Admiral if he would like to dock the sail boat. “No way”, said the Admiral.
“I would not know how to handle this little boat in these winds and currents, you are experienced with her, you handle her”. This is a classic example of a man knowing his limitations. Most people have some area of expertise in their arsenal of life’s experiences. They often utilize this expertise in pursuit of a hobby or in their work. The opportunity to hone and improve skills in a specific area where they have talent often leads to innovation that can be commercialized. We all know the person who is able to build things with their hands. The artisan craftsmanship that they produce can become a lucrative business or enriching hobby.
The entrepreneurial craftsman, or artist, enjoys the wonderful luxury of being able to make their living doing something that they enjoy and find fulfilling.
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VAV comment`s:
Hurray!, The one who wrote the well-published!
08.03.2010
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