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Top of Mind: February 27, 2014
February 27th, 2014
by Bill Boyajian

Are You An Entrepreneur?

If you like to produce practical applications to interesting theories and ideas, chances are you are an entrepreneur. Entrepreneurs are the most forward-thinking and visionary-type leaders. They are creative spirits who have far-reaching ideas they can not only envision, but implement. In fact, most insist on such implementation, often in a bold and relentless way.

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Entrepreneurs possess a unique combination of creativity, energy, and ability to get things done. They are out-of-the-box thinkers who throw caution to the wind. They are inherent risk-takers and often require few resources to make their own original ideas work. These are the people who go into a garage with an idea and come out with a company.

But entrepreneurs can also grate on people. Think Steve Jobs! They are convinced that their ideas are best and will attempt to prove it, often with a “take no prisoners” mentality. They are often Type-A personalities who have boundless vision and energy to burn. They are the businesspeople who drive our economy and the leaders who create something from nothing.

Entrepreneurs are seldom the best managers of what they create because they lose interest quickly and have an insatiable need to create something new. If you want a wild and crazy ride, go to work for an entrepreneur. He or she will keep you hopping, so hold on tight. If you are an entrepreneur, surround yourself with some good people who can manage what you’ve built. That will give you the freedom to build something new.

What If You Work For An Entrepreneur?

Entrepreneurs can change their mind about things very quickly, and without any warning. You need patience and resilience when working for most true entrepreneurs. If you work for one, you are probably invigorated by their energy, ideas, and intelligence. You need to remind yourself about that excitement when working for such a person, especially when the going gets tough. And it will. Judge their moods carefully, and pick your shots.

Entrepreneurs like their own original ideas, so try to make your thoughts and ideas become their thoughts and ideas. Use wisdom to know how hard to push at times, and get out of the way if the boss is steam-rolling ahead. Learn to go with the flow, and, again, have the patience of Job. A great entrepreneur can be a wonderful leader, one who can teach you many things about innovation, implementation, and execution. Treat every situation as a new learning experience, and fill your role as a great support person.

 

Here are a few Business & Life Tips to think about…..

Business Tips:

  • There is a counter-intuitive new law: staying focused while remaining nimble and ready for change. You must do both.
  • You aren’t responsible for what others do or say. If they don’t accept your knowledge, wisdom, or experience, it’s not your fault.
  • To become the best you can be, set a path of being better each day. Progress comes not from one giant leap, but from many small steps.

Life Tips:

  • What got you to where you are today may not take you to where you next want to go. Assess what you need and go for it.
  • The more time you give to others, the less time you have for yourself, but the better you will feel about giving back.
  • When you come to a fork in the road, a really tough decision, take the high road. You can never go wrong that way.


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“I needed help orchestrating a succession plan for our business. I had heard that Bill Boyajian specialized in assisting owners to transition their business to the next generation. He knows how to bridge the generation gap and deliver what each needs to hear. I would recommend Bill to any business owner who needs advice on succession planning from a trusted outside professional.”

–Charles Denaburg,
Managing Partner,
Levy’s Fine Jewelry
Birmingham, AL

"Our family needed some guidance on business transition and succession planning. We asked Bill Boyajian to help us because we knew we could trust him to tell us what we needed to hear. Bill became a valuable resource for our company and our entire family. He has the ability to meet each of us where we’re at and it has served us very well."

–Ceylon Leitzel
Leitzel Fine Jewelry
Hershey & Myerstown, PA

“We needed a plan to transition our business to a non-family member and we asked Bill Boyajian to help us. His experience in the area has really paid off, but we didn’t expect the added value of putting us together with a financial planner who helped organize our retirement needs. We now have the fundamentals to transition our business successfully, and we have Bill to thank for it.”

–Ernie & Debbie Cummings
Kizer-Cummings Jewelers
Lawrence, KS