Jon M. Huntsman School of Business

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Wednesday, November 21, 2012

The Road to Entrepreneurship: Don’t Go it Alone!

Many journeys and successes can be conquered alone. True entrepreneurial success, however, is not a one-person endeavor. There are days in the start-up cycle when cash runs short, equipment fails, customers back out, prices fluctuate adversely and endless obstacles are bound to arise.

On the other hand the finale of solo quests can be anti-climactic when the victor realizes there is no one with whom to share the joy.

As an aspiring entrepreneur, I have already looked down the long and lonely road that I know leads to the success that so many of us seek. It is a road fraught with twists and turns, pitfalls, windfalls, devastating setbacks, and, on occasion, a sunny meadow of short-lived winning streaks that we all hope will last.

The entrepreneurial path is not for everyone, I know, to take those first steps into the unknown and then keep going. It’s definitely not for the faint of heart, but for the adventurers, the risk-takers, the visionaries, the game-changers, the innovators, the tinkerers. I’m not going to pretend we’re all fearless — that would be a lie.

To help innovators face their fears, we get a few people together who share our vision- who believe what we believe — and we take the journey together.

I’ve never really told anyone this, but I’d like to race yachts someday, full-sized and fully crewed sailboats. It can be safely said that competitive sailing requires teamwork and trust. A truly winning team works in harmony, communicates effectively, encourages one another, and shares in every victory and defeat. Everyone feels ownership and shares responsibility for both the successes and failures.

Every new venture is like a sailboat race: you’ll need a team. When they are discouraged, you re-instill their confidence. When you are discouraged, they support you. You all share in the victories and in the defeats.

For those of you who aspire to achieve this class of entrepreneurial success, get your team together and set sail. Failures will be easier to bear when the load is distributed, and victories will be sweeter when shared.

Do not go it alone.

 -Reed Page

1 comment:

  1. Great post Reed. I wish you the best in your entrepreneurial endeavors and your dream to race yachts. Do you have any pointers on how to find your team?