What is like to be a novice Entrepreneur

I can only recently claim that I am an entrepreneur and I am still trying to figure out exactly what this means. I looked up the definition to help me understand.

en·tre·pre·neur

noun

  1. a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.

I have always been very good at organizing activities and managing a process. I played well with others since kindergarten and like to see the good in others.

But the second line is the important one and the one that requires courage. I am taking on greater than normal financial risks. I have invested in a fitness business and signed a 10 year lease for a location in the Fulton Market area of Chicago IL. I’m doing this with a plan, but I also have many questions about getting this business started. So it is a crash course in entrepreneurship that is testing my skills and knowledge that I have developed and acquired over many years of working in sales and marketing.

Yesterday I was at the WeWork in Fulton Market and listened to a talk from another entrepreneur about ‘How to be a Mentalist’. He is a magician but he is really a marketing expert. I asked about social media marketing and emails and learn some basic tenets and gain a different perspective on what I thought I already know. This is an area of strong interest for me as ‘top line growth’ aka sales from my new customers will determine my success or failure.

Yesterday was especially refreshing. I was sitting in a place surrounded by many others, who are also trying to make something new and good happen in this world. People were friendly and sharing and the culture was collaborative. I was the oldest in the room, but I shared a common bond with all of the dreamers.

So what’s it like to be a novice? My first impression is that it is scary. I am putting my future at risk. But at the same time, it is very energizing and exciting. I am learning and being challenged. So an entrepreneur is in reality a magician who creates something new. He needs to pull ‘a rabbit out of his hat’ to succeed.

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