The spirit of Entrepreneurship

This is a great video! It’s viral but worth talking about. Micheal Acton-Smith Re-Tweeted the link last week.  The video is very well made and makes some good points.

The term Entrepreneur has many different interpretations. Unfortunately academics can’t seem to agree on a definition. The press often put Entrepreneurs onto a heroic pedestal. They tend to focus in on the big risks and the big winners. Like the video I believe we are all Entrepreneurs. The essence of Entrepreneurship is about experimenting and learning. Which most of us did alot more of as ‘kids’.

Companies can also be entrepreneurial. Some organisations learn and adapt better than others. Universities can even be entrepreneurial risk takers. Employees don’t even have to leave their jobs to be entrepreneurial. Just as long as they are learning and growing. Why can’t an employee dream of over coming difficult challenges, making a difference and a better world? They can! However the problem comes when employers hold back employees ideas.

Unfortunately organisations often don’t let employees experiment and innovate. Business politics gets in the way of trying new things. Employees can then loose their individual entrepreneurial spirit and the job becomes a 9-5 routine. Being self employed holds a dream of hope for many. However the risks can seem just to high to leave. I’ve heard this so many times, “I wish I could have my own company”.   The answer in this video is that you can. You just need to be prepared to try out new ideas and learn fast.

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2 Responses to “The spirit of Entrepreneurship”

  1. Learning is the source « Nickpoint Says:

    […] have repeatedly talked about the importance of learning in this blog: ‘The spirit of Entrepreneurship‘ being in us all; learning how to pitch an idea through repeatedly trying and failing; […]

  2. Learning to fail: Startups aren’t really trying unless their failing « Nickpoint Says:

    […] The spirit of Entrepreneurship […]

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