Over the course of my 40+ year career, 30+ of which have been spent as an entrepreneur running my own practice, I’ve always been fascinated by how other entrepreneurs are able to bring their ideas to life. In fact, you may have noticed this as a recurring theme of these posts because there’s no one right way to build a business. Building a business is extremely hard work, but there tends to be one thing that separates those who execute their ideas from those who just dream – the willingness to bet on yourself.
I read a December 2018 article Inc. Magazine by Jeff Haden called “J.K. Rowling Says 1 Decision Separates People Who Achieve Success From Those Who Only Dream” and, you guessed it, Rowling’s choice to bet on herself is that decision. In her words, “I stopped pretending to myself that I was anything other than what I was, and began to direct all my energy to finishing the only work that mattered to me. Had I really succeeded at anything else, I might never have found the determination to succeed in the one area where I truly belonged.”
I was in my early 30s and on a very clear career path at one of the Big Accounting Firms when I decided to bet on myself, leaving to start PFC. This was pretty risky to begin with, but especially with an 18month old son to take care of, but like Mr. Haden says in the aforementioned article, “Success is never assured. Only when you look back does it appear that way. If you’re willing to work hard, persevere, and take a chance on yourself, who you are is more than enough.”
This concept has proven to be quite true for me, and is a huge reason why I’ve always focused on providing outsourced financial/operational consulting to small and mid-sized businesses. Companies hire me to act as their CFO and/or finance department in order to help bring their entrepreneurial dreams to life.
If you’re hesitant, I would suggest reading Dinah Wisenberg Brin’s November 2018 article “Entrepreneurship Boosts Well- Being By Meeting Key Psychological Needs” in Forbes (linked here). Ms. Wisenberg Brin provides some excellent commentary on the mental and emotional benefits of entrepreneurship.
You can read Mr. Haden’s Inc. Magazine article HERE.
As always, feel free to reach out if we can help make your dream business a reality.