Attempt at Strategic Development

So today in my Strategic Entrepreneurship class, we were discussing…entrepreneurship. Okay so more specifically, we were discussing an article from Harvard Business Review, entitled “A Test for the Fainthearted” about what it takes to be en entrepreneur amidst volatile economic conditions. It was pretty good…not great. I’d thumb through it again, maybe.

The big moment occured when my professor started rattling off some pretty sound logic. As entrepreneurs, we are our business. Because our passions and beliefs and ideals are so inextricably intertwined within our venture, it is almost impossible to have a business that is anything less than a reflection of the founder. So, it is critical that we identify and fully understand our strategy. Not a business strategy. But a personal strategy.

What is your strategy?

How do you live your life everyday? In what way do you engage with others? How do you succeed? A business-minded person could easily throw out some overused buzzword about being a go-getter or an outlier or some other word we’re all sort of sick of. But I mean, really, when you think about it, it’s pretty tough to concisely identify your personal strategy.

So I’ve started making some mindmaps and outlines, etc. I want to figure it out. I think knowing who you are, personally and professionally, can help you leverage your strengths in order to really jump ahead of the competition. So this is my attempt at identifying my personal strategy. I’m not sure exactly how long it will take, or when this attempt will be revisited, but it has officially commenced.

I challenge you all to figure out what your strategy is. And don’t give a quick answer to avoid self-reflection. And don’t lie to yourself. Figure out what it is you want, and how you get yourself there.

I also challenge you to hit up that comment box with tips or advice on developing or identifying your business or personal strategy. I would be forever grateful.

Tags: attempt, business, challenge, core competency, entrepreneur, entrepreneurship, inspiration, Leadership, self-reflection, Strategy, success