By Entrepreneur Team — 2018
How do cultures other than our firmly established Western one view entrepreneurship, and what can we learn from them?
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CLEAR ALL
While we have yet to see the full impact of the coronavirus pandemic, we have begun to witness its severe impact on our global economy. Businesswomen, specifically businesswomen of color, have been disproportionately affected.
Rob Chesnut: When you’re driven to do something that is bigger than yourself and you feel that what you’re doing is good for the world, that’s a powerful combination.
What does the future of entrepreneurship look like? To build a future-proof business, the key lies in your business purpose.
As simple as it sounds, having a strong "why" behind your business is an essential ingredient for becoming a successful entrepreneur.
The values upon which your company is built tell the world what you believe is important and what to expect from you.
Psychologists insist that confidence is a learned behavior, with many courses, books and other self-help tools available for those looking to bolster their “skills” in this area. In my personal experience, hearing what works from our peers can make a big difference.
Do you have confidence in yourself at work?
Many entrepreneurs share specific qualities that are vital for starting and growing a business. They are passionate, resilient, focused on opportunities and comfortable with risks. But the quality that might have the most influence over an entrepreneur’s success is confidence.
There’s an essential, intangible something in start-ups—an energy, a soul. It inspires enthusiasm and fosters a sense of deep connection and mutual purpose. While this spirit persists, engagement is high and businesses keep their edge. But all too often, companies lose their souls as they mature.
Rejection should be treated as an opportunity, Ma said, as if everybody initially agrees with your vision or service, then “there is no opportunity.”