BUSINESS MATTERS By Glen J. Dalakian, Sr.

BUSINESS MATTERS By Glen J. Dalakian, Sr.

BUSINESS MATTERS By Glen J. Dalakian, Sr.

Entrepreneurs Have Initiative

Initiative is a critical asset for any entrepreneur. Many people have come to me over the years with ideas and dreams of starting their own business, which I have always encouraged. As I have come to recognize, although there are many rewards, being self-employed is not for everyone and one thing a person must have in order to be successful on their own is initiative. Wanting to do something will only get you so far; it’s picking up the ball and running with it that gets the game going.

What holds people back from venturing out on their own?  Three points that stand out to me when I ponder this question are:

1.      Feeling of Passivity – I just don’t want to do it.

2.     Feeling of Inadequacy – I don’t think I can do it, so therefore I won’t.

3.     Feeling of Fear – I’m afraid to try and if I do try, I may fail.

So how do we clear these hurdles if we seriously want to join the ranks of successful entrepreneurs? Dealing with each, let’s start with the feeling of passivity. Shake it off! Although starting a new venture is exciting, there are obvious (and often not so obvious) road blocks. If there weren’t, then everyone would be an owner and the journey would not be so special. Take each issue as it comes up, find mentors that can help you through, and get with it.  There is no room for passivity in a leader’s repertoire.

Next, the feeling of inadequacy should be addressed. We are all short in some areas. Identify your weaknesses and determine how to overcome them. This will take some self-evaluation, but also will require input from people you trust and who have wisdom and experience in business.

Lastly, let’s deal with fear, the most common and perhaps most difficult challenge. Here is the good news: F.E.A.R. is usually just False Evidence Appearing Real. I’m not talking about the good type of fear that will make you cautious and keep you alert. The fear here is the debilitating kind that most people get caught up in. Know that most of the time, the thing you are concerned about has statistically a very slim chance of occurring. Research the issue; knowledge can often take away fear. Lean on your faith, seek input from mentors and support from those who truly care to see you succeed, and then forge ahead! You can do it!

Mary Kay Ash often said, “There are three types of people in the world: those who make things happen, those who watch things happen, and those who wonder what happened.” In business, people who make things happen are the ones who achieve the highest levels of success. If business ownership is for you, be encouraged, take the initiative, and make it happen!