A Ship Needs Its Captain

“Being an entrepreneur means you get to call the shots. You are your own boss. You make your own schedule and your own rules. And you get to enjoy all the benefits that come with it.”

Three years ago, that is how I would’ve explained the definition of an entrepreneur.

Today, I would agree with that statement, but there is another side to each of those statements that fully defines what it means to be an entrepreneur.

As an entrepreneur, you do “call all the shots”. That’s because every decision goes through you. Ultimately, the success of your business is hidden in the day-to-day decisions you are making.

What company should we use for web hosting? Do we keep that in-house, or outsource it? How much should we charge for this? What font should we use? What is the order fulfillment process? How do we handle an upset customer?

As an entrepreneur, you are your own boss. You decide when to start working, when to stop working, and what counts as a “successful” work day. At the end of the day, how you spend your time is determined by the needs of the business.

When things are running smoothly, I can enjoy a weekend with my family. But if things aren’t running smoothly I will spend the night in a sleeping bag on my office floor until we get through the turbulence. A ship needs its captain. When you take on the role of CEO, you become the captain.

As an entrepreneur, you make the rules. This is exciting, but can also be exhausting. Your employees are looking to you for the rules and expectations of workplace behavior. They expect you to set the outline for how things should be done. Once you reach a certain level of trust with your employees, you can (and should!) empower them to make some of the rules, too.

You may also have investors and stakeholders, and oftentimes they will make some of the rules, too. Usually you can work together to set the playbook, but other times you answer to them.

As an entrepreneur, you enjoy all the benefits that come with the hard work. When you get your first paying customer, you celebrate. When you reach a certain level of investment, you see that your hard work is paying off. When you look up and realize you have a whole team of people surrounding you, all in line with your vision, you gain confidence that this just might work.

Originally published at www.thestyleceo.com.

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