Are Entrepreneurs Born or Made?

Are Entrepreneurs Born or Made?

What an interesting question to ask. Entrepreneurs are the backbone of American business. Small businesses are the engine of the US economy and account for the creation of the majority of new jobs in the country. Some of the greatest minds of our time are entrepreneurs. Many believe entrepreneurs are born with certain skills, abilities and characteristics that give them an advantage to succeed as an entrepreneur. Others believe absolutely not. They think that many or all of the skills required to be a successful entrepreneur can be taught. I happen to believe the answer is both.

I believe there are people that are born entrepreneurs. It’s just in their blood – their DNA. These are individuals who regardless of their environment or exposure, they were just born with the natural attributes to become a successful entrepreneur. What are those qualities you might ask? There are many, but some of the essential ones are determination, tenacity, problem-solving and creativity. You don’t have to have equal amounts of each, but you must have an abundance of the most vital ones. Those would be around endurance, perseverance and grit.

The road of entrepreneurship is not an easy one to travel, so you must have an unrelenting commitment to see it through.

 

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Even with that, I absolutely believe that you can be taught many important skills required to be a successful business owner and entrepreneur. These teachings can make an entrepreneur soar. Many of these are related to business principles and leadership.

I often think of myself when reflecting on this topic. Has my serial entrepreneurial journey come from what was already inside of me or was it developed from being raised in a home of entrepreneurs? My first jobs were working in my family businesses – parking garages and working on homes to rent. My dinner table conversations were around the stock market and what types of businesses could be created to fill the gaps in particular areas.

I certainly don’t believe that those elements in my life were meaningless. But I definitely don’t think I would have been able to do it had there not been some of the vital characteristics already inside of me to draw from, such as an undying will to persevere. Entrepreneurship can be grueling. It is not a trek for the weary. So, if you don’t possess some of these fundamental components already, you very possibly may not endure. And those are characteristics that are very difficult to teach, if they are even teachable at all.

 

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I think the best entrepreneurs are the ones that are smart enough and wise enough to know that whether you were born an entrepreneur or you developed into one the smartest and most effective entrepreneurs are those who know you must continue to learn and grow as an entrepreneur. You cannot just rest on your laurels.

Regardless of how you became an entrepreneur, if you don’t understand the critical importance of continuing to expand in that role, you will be doomed to run into tremendous challenges, setbacks and often defeats as a result of you simply being left behind. You will be at a huge disadvantage, because the world, including business, continues to evolve.

If you are not willing to keep up and expand your mind, you will essentially remove yourself completely from the entrepreneurship lane.

 

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Which do you think? Are entrepreneurs born or are they made?

I can’t wait to read your comments!


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The Misconception of Failure

The Misconception of Failure

Many of you who have heard me speak know that I had been greatly affected financially (like so many Americans) by what is now termed, “The Great Recession.” As a real estate attorney, broker, investor and developer, I was hit very hard by the real estate bust.

I was speaking with a new client yesterday and she was sharing with me how deeply affected she was by that time and how it makes her feel like a failure. That sentiment is shared by many and the affects from the recession are still very present in the lives of many Americans today. It has been a reoccurring theme I’ve been hearing a lot lately from clients and just from people in general which moved me to write about it today.

So, I just want to share with you what I shared with the client that I spoke to last night.

 

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Failure and disappointment is something I’ve talked about repeatedly on Women on the Move. Although, I myself don’t even believe in so called “failures,” I do understand that the vast majority of people think in those terms. I happen to believe that every life experience comes to teach us a lesson. And if the lesson is learned from the experience, how could it possibly be deemed a failure? But for the purpose of this blog post, I will use the word failure in the way it is most commonly used.

Having obstacles and challenges to overcome in this life do not make you a failure.

You must pick up the coat of failure and put it on to claim it. It is not mandated for you.

You have to take the lessons that come from them, dust yourself off and push yourself forward. You can’t imprison yourself in a space and place that doesn’t allow you to move forward, because that just doesn’t serve you.

 

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So, if you are in that place and space, whatever the failure in your mind may be, you must release it. It could be a perceived failure in a business, relationship, situation or a dream. I now ask you to let that perceived failure go. Take a moment to grieve it, if you so need. Cry, scream, get angry, write your feelings and disappointments down, do whatever you need to do to release it and then very simply – let it go. You must let it go.

Because if you don’t let it go, it will haunt you and it will destroy anything, and everything, you attempt to do moving forward. There’s a great quote by Iyanla Vanzant that says, “until you heal the wounds of your past, you will continue to bleed.” And it will bleed in ways that you don’t even know. It will bleed into and onto things that you will be totally and completely unconscious about.

 

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So, my prayer for you is that you learn to let it go and instead of sitting in the pain of that perceived failure and disappointment, you courageously get up, run on and proceed to your next level of being. I will be praying for you to get there and holding space for you there until you do.

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Behind the Scenes of the Premiere Women On the Move Show!

Behind the Scenes of the Premiere Women On the Move Show!

What a wonderful time it was taping the premiere show of Women on the Move in Chicago. Women on the Move is a nationally syndicated television show that features inspirational women doing great work in the world and their communities (check your local listing for the airing information in your city). The location for the premiere show was on the acclaimed Michigan Avenue in a skyscraper overlooking the city’s most iconic sites.

 

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What a blessing it has been to be chosen for such an amazing opportunity and how divinely orchestrated it is to have such lovely people involved with the show.

The image of the cameraman and myself was taken while we were trying to catch the right amount of light coming through the glass walls. I am practicing the script in my head as making sure I had all my lines down was no small feat. But everyone was so kind and helpful to me that day. There was such an amazing energy in the air!

 

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Many people have wondered how I was chosen for the show. I was selected after being featured as one of the inspirational women. It is as I tell my clients all the time.

If you do not emerge out in the world, no one will even know that you exist.

Had I not been busy doing my work, out on my Revenue Revolution Tour, I would have never been featured as a woman on the show and thereby become a part of it.

 

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Spending time in Chicago for the show has been such a great experience. Most of my time was spent in the beautiful areas of the Magnificent Mile and the Gold Coast. We have events in Chicago for the show as well as other cites throughout the season.

Being the ultimate foodie (eating good food is one of the greatest joys of my life), it has been such a joy eating at some of the lovely restaurants in Chicago and seeing some of the amazing sites of the city. I will share my favorite food in Chicago and things to do there in a later post.

I am so excited about all to come from Women on the Move and grateful to have it as a part of my journey.


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