Thursday, August 13, 2009

WHO IS AN ENTREPRENEUR?.......Part 2

This is the second part of the article written by Samuel Okore Mintah, the Operations Officer of BMIC. What a marvelous piece - Enjoy!

I initially stated that the journey of every entrepreneur starts with an idea that begins in the mind. But the idea has to be fully developed and nurtured to the extent that it becomes a Burning Desire. It is this burning desire that invigorates the entrepreneur to go every extent no matter the inevitable impediments to attain his or her goal. This burning desire reinforces the mind to focus on a goal and propel the entrepreneur by reinforcing them for the long arduous journey to their desired destination. Having a burning desire will only take an entrepreneur halfway on the journey required to turn an idea into reality: unless the whole mindset of the entrepreneur is consumed by this desire. A consuming desire is stated by Noel Bempong “as the energy, fuel or power that is capable of launching one into action to bring the goal in mind to reality”. This means that consuming desire is what encourages, strengthens and motivates the entrepreneur to endure and act even in the face of adversity. Without this consuming desire, the entrepreneur is bound to stop pursuing his goal when unavoidable obstacles surface, but with this consuming desire any impediment is seen by the entrepreneur as a minor obstruction or even an opportunity in disguise. Apart from external impediments like a lack of funds or required experience, there are internal obstacles that emanate from within the entrepreneur’s own self in the form of low self-esteem, doubts, fear, procrastination etc. Acting at all times and in the face of all these obstacles is the underpinning manifestation of consuming desire that will get you to your destination. Action is the bridge between our dreams and reality, so ACT NOW because without action there is no progress.

They say what you see is what you get but this is not necessarily true in the world of business because what occupies your thoughts most of the time is what tends to manifest in reality. I prefer to say ‘how you think it is how you get it’. How you visualize an idea in your mind’s eye determines the probable reality that [with enough work] will materialize. Therefore as an entrepreneur, the positioning of your thoughts after every experience is what will make or break you. For example after your business suffers an unexpected setback, you have two options; you can admit failing abysmally and give up; or you can decide to see the setback as an opportunity to re-examine what caused the problem and consequently correct mistakes and root out inefficiencies. The second option allows you to approach the same project again but from a different direction which will yield the desired results, but the first option prevents you from trying again. So the difference between the businessman who succeeds and the one who fails lies in their mental outlook to life. Those with a consistently positive mental attitude tend to succeed even after many hiccups whiles those with a negative outlook to life inevitably give up. Human thoughts are powerful enough to transform into a reality exactly as has been envisioned. This means that Success or Failure is already decided in the mind before it manifests into observable reality.

A true entrepreneur never gives up because in the dictionary for entrepreneurial skills the word ‘quit’ does not exist. Perseverance [or persistence] is the word that defines every entrepreneur’s success. Though giving up may seem the best thing to do, your success is inevitable if you refuse to cave in. They say the darkest time of the night is the moment just before the break of dawn; this means that in every endeavour the point where going on seems impossible is when you must realise that victory is just a step away. Persistence is a mental attitude cultivated from self-discipline that will get you to your final destination no matter the odds you face. It is easy to dream but to be determined enough to achieve those dreams is the hardest of all the traits that an entrepreneur must cultivate but with self-discipline and hard work nothing can stand in the way of a person who desires to be an entrepreneurial success.

Acres of diamonds exist right beneath our feet therefore it is up to us the young entrepreneurs to identify these burgeoning opportunities so we can develop them for the benefit of the masses. Though lack of funds and experience may cause us to doubt our capabilities it should be understood that though many have tried and failed those who succeeded were the ones that never gave up. No matter the obstacles that may exist nothing can prevent you from dreaming. Dream and imagine where you want to be and work hard and sacrifice to make them realities. Imagination is the ‘workshop of the mind’ where ideas are assembled together to form big dreams; true entrepreneurs are those individuals that persevere in their efforts and use their failures as stepping-stones to propel them to their final destination - SUCCESS.

2 comments:

  1. Great written diction. When will BMIC create and run its own business? I want to hear about your own business experiences here in Accra also. I think you guys are a inspiration to us all!

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  2. BMIC is already in the process of formally registering as an LLC - Once we finish that we can then rapidly move to implementing our immediate short term goals - Logo Competition, Website and Inauguration Ceremony.

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