That single line made me think a lot about the simple question, what is an entrepreneur? Why can they create value with so little capital? What is the difference between being a one man shop, and an enterprise? What do entrepreneurs do that make them succeed in the long run? One of my favorite leaders of all time, Winston Churchill, said this about entrepreneurs: “Some regard private enterprise as if it were a predatory tiger to be shot. Others look upon it as a cow that they can milk. Only a handful see it for what it really is – the strong horse that pulls the whole cart.” Here are the top 10 reasons why I believe entrepreneurs succeed.
Imagine if you were running a large multi-million dollar a year company, you would have talented individuals running each department and you would only be working in leadership & management functions.
The difference you have when you are starting up a company is that in order for your company to grow you have to work consistently in each of the departments. For example – you can’t neglect customer service for too long because that leg of your company will fall off and you’ll start to hurt in that area soon. The same applies to any other leg that you work in.