Understanding Entrepreneurship: What Do Entrepreneurs Do?
“I’m convinced that about half of what separates the successful entrepreneurs from the non-successful ones is pure perseverance.” – Steve Jobs, co-founder and CEO of Apple.
What Do Entrepreneurs Do? They Don’t Let Small Failures Stop Their Success!
“I look at the world through products. So I see somebody struggling for instance, with a mop … my brain starts to go ‘how can I make that easier?’ because I think about people and just making life a little bit easier every day.” Joy Mangano shares her creative process with CBS News and how she built her empire one step at a time.
Entrepreneurs Understand the Importance of Energy
“Wherever you are in your life, that’s your arena, your platform, your stage. Your blessings in life, your manifestations in life, are directly connected to the energy you put out in the world. … If you were to ask me the mantra of my religion, … it’s that for every action, there’s a reaction.” Oprah Winfrey shares her secrets to success to her studio audience and what she believes it means to be famous.
Entrepreneurs Understand Greatness
“Greatness is not this wonderful, esoteric, elusive, God-like feature that only the special among us will have what it takes. It’s something that truly exists in all of us. It’s very simple. This is what I believe, and I’m willing to die for it. Period. It’s that simple.” Will Smith explains his views on work ethic in young entrepreneurs.
Entrepreneurs Rethink Failure
“I’ve learned to think of failure, after everything I’ve done in life, as a lucky charm. Like a heads up, bright light, because I’ve never had it where I hadn’t seen that the flip side of that is a bigger opportunity. … I feel that my own personal ability to handle rejection is more largely responsible for every success I’ve had than anything else I’ve done in business.” Barbara Corcoran answers the question “What do entrepreneurs do?” by telling the audience how she overcame her failures.
Entrepreneurs See Opportunities Everywhere
“I would caddy, I would go to the golf course and caddy for people. But I realized that there was this one hill on our golf course, the 13th hole that had this huge hill. And people could never get their bags up it. So I would sit there with a lawn chair and just carry up all the people who didn’t have caddies. I would carry their golf bags up to the top, and they’d pay me a dollar. Meanwhile, my friends were working for five hours to haul some guy’s bag around and get paid 10 bucks. I’m like, “That’s stupid because you have to work for five hours. That doesn’t make any sense.” You just figure out a way to make more money faster.” Cameron Herold, a well known entrepreneur, tells the audience how he was raised to become a businessman.
So, what do entrepreneurs do? Share your thoughts below in the comments!