What drives Entrepreneurship?

Quoting from an Indian Express article by Shombit.

Do you have the grit, gumption and decision making capacity to tackle ambiguous situations in an enterprise? If you can take on unknown and unexpected consequences, you’ve got it, you’ve got that entrepreneurial mindset. It does not necessarily come from topping the class at Harvard, London School of Economics or INSEAD. These top-end institutions can only add some topping in a cake. The entrepreneurial outlook is an attitude that you and you alone can grow with your inner drive if you have the get-up-and-go.

A self-propelled spirit to do business does not mean you have to create your own enterprise. You can be a better salaried employee when your stance is entrepreneurial. Developing this approach and behavior will push you to gain higher domain knowledge than the average person. With this attitude, you’ll always chase differentiation to succeed over others, and polish your leadership quality at any level of your working career. Here, both you and your employer will be winners.

What do you need to become entrepreneur centric? The answer is the 3 fundamentals of MSD:

(1) Management skills to lead people and administer work, 

(2) Salesmanship, from the basic to a sophisticated approach, and

(3)Domain knowledge, from the nitty-grity to the top end of the spectrum of your subject.

To raise the taste and pleasure of being an entrepreneur, you have to embellish these 3 fundamentals with the 3 additional ingredients of passion, daringness and an aptitude for hard work.

The entrepreneurial mindset is self-directed and animated by a sense of autonomy and purpose. It’s not like managing work through automation. Nor does it reduce everything to a series of rule-based steps where you find one correct answer. It means being open for multi-disciplinary inputs and the non-routine. Entrepreneurship involves juggling stimuli from society and technology trends, then blending them with elements of design and empathy. All the while you’ll be considering the big picture to lead towards creating a symphony. Most of all, motivation is intrinsic in an entrepreneur to do something not for its rewards alone, but for that inherent satisfaction of just doing the task. You yearn to get better at whatever matters to you. So your achievement becomes very personal, like losing weight or learning music or stretching the body for Tango dancing.

You can read the complete article - http://goo.gl/QzDtr

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Chitra