As a mid-career entrepreneur, I can attest to these 7 Essential Skills. Reflecting on my career to date, I can say that lessons learned along the way in my professional and corporate roles have prepared me for this. How have you learnt these skills? How are you still developing these skills as you build your new entrepreneurial venture?
After many years of navigating my career path on my own, with only intermittent mentorship and guidance, I finally invested in a coach last August. I now have the pleasure of working with Lisa Princic, entrepreneur coach and owner of Changemakers Toolbox. How fitting that Lisa wrote this article recently on the importance of investing in ourselves as we develop our entrepreneurial ventures and businesses!
Happy New Year! Returning from the holiday break, a multitude of ideas, thoughts, questions mill around in my head. January is a typical time for resolutions and plans for new things. So what better inspiration that this article about how one entrepreneur kept going and found inspiration.
I had come across this blog "The Money in the Middle" by Lauren Bunhill, CEO of One Planet Ventures, whilst reading about social enterprise and the challenge in accessing capital that many social entrepreneurs still face (http://good-b.com/?p=7406). When I noticed that someone else in the impact investment field had also shared this post, I'd thought it would a good idea worth spreading.
Welcome to my first Scoop! I discovered scoop.it through Rob Hanna @socialwealth's Twitter feed.
I've been surrounded by entrepreneurs all my career - they have been my clients and I was their financier. However, I'm about to embark on an entrepreneurial venture myself in the New Year and now that the shoe is on the other foot, I appreciate first-hand just how exciting and challenging it is. Here are 9 tips that I found inspiring and exactly on-point to keep me motivated - hopefully you'll find them useful too and put them into practice.
I really liked the style and structure of this article, describing 9 key distinctions of successful entrepreneurs... Although life is never so binary, it certainly helps communicate the key distinctions in a simple way that can help entrepreneurs develop and move forward.
This is one of the clearest and most concise articles I've read on starting up. Lots of great resources out there for entrepreneurs and start-ups - such as Lean Startup, business model design, and angel forums, but Maninder Dhaliwal's post on Boot-strapping is encouraging and to-the-point. Now get out there and start your venture!
"This is an amazing essay! Stop what you're doing, and read these 50 pages...you may never go back to what you were doing before.
Umair lays out a beautiful blueprint of what might be possible if we have the imagination and courage to build something new with our businesses. Explore the realms of possibility that open up to you once you realize that business can be about so much more than simply making money."
I was looking for research and market statistics on small and mid-sized businesses and stumbled across this. I would consider myself a mid-career entrepreneur and this report resonated with me. The study is based on interviews with 14 mid-career entrepreneurs, so the findings aren't conclusive, but it is an interesting profiling exercise. Do you consider yourself a mid-career entrepreneur? Download the PDF of the report from this site and let me know what you do think about these findings.
Dealing with and resolving conflict has been the theme of 2011 for me. It started in February, when conflict arose amongst some members of a collaborative team within which I was working. I was leading the team and members looked to me to mediate and help resolve the conflict. I don't think of myself as a mediator, in fact I used to run and hide from conflict. But here was an opportunity to listen, engage, and find a healthy way forward so that the team and its individual members could come out of it feeling reasonably good.
Conflict management continued to be on my mind when I moved to Vancouver for a new role in the impact investment world. I knew that in this new space, we were not all going to agree even though we were there for common purpose. We are re-writing the book on blending investment with social mission, there is going to be differing perspectives and opinions, there is going to be dissent. I kept thinking that I needed to take a conflict resolution course to learn more. Instead, the universe sent me conflict and threw me into a conflict situation. There is no better way to learn than by doing. I approached it with the leadership qualities I would have like to see in such a situation. I brought my authentic self into a space outside of my comfort zone. Being open, inviting people into the conversation, and listening really helped me through the conflict, but that's not to say that some of the things the other party did and said didn't hurt.
I came across Bev Pomeroy's blog post about conflict and it really resonated with me. Bev is an entrepreneur, based in Vancouver. I met her recently and hope to have the opportunity to get to know her better. It was reassuring to read about someone else's brush with conflict and that I wasn't the only person experiencing this. Have a read and let me know your thoughts on dealing with conflict.