Tuesday, 30 April 2013

It doesn't have to mean going out and starting your own business. Think of it in terms of owning your career path and professional development While I realize we cannot all be entrepreneurial in the sense that we can't all start our own companies, I believe we can all be entrepreneurial in terms of how we approach our own careers. This column will include a few suggestions for demonstrating the entrepreneurial spirit that we can all implement: Love what you do Years of hard work (which generally precedes success) don't seem so hard if you are doing what you love. My mentor, Dr. Paul Hersey, upon receiving an honorary doctorate, shared one of his secrets for success with graduating students. He beamed at the hundreds of young people in the audience and said: "Looking back on my career, I don't feel like I have ever worked a day in my life. If you really love what you are doing, it all seems like fun!" Finding what you love to do may take some effort, but it is worth it. Be curious One of the greatest entrepreneurs I have ever known is Mr. G.M. Rao. He is the founder of GMR Infrastructure, which is now a large infrastructure company in India. When I asked his colleagues what Mr. Rao was doing right, they all marveled at his constant curiosity. One commented that "he travels through life, constantly observing. He makes notes on all kinds of potential opportunities, which most people might not even notice. He doesn't just observe—he acts! He immediately follows up with messages to staff that say, 'please check this out.' While many of his observations do not turn into business opportunities, some do. This is one of the reasons that he is so successful." Find your own market niche In the same way that successful entrepreneurs provide innovative solutions to market opportunities, you can work to develop a special competency that differentiates you from everyone else. Be creative. Look for market needs that everyone else may not have considered. Anyone can do what everyone else is doing. Great entrepreneurs provide products and services that are better or different than what everyone else is doing. You can also do this at your present job: What should be done that isn't?

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