Thursday 20 October 2016

Personal reflections on being an Entrepreneur

Personal reflections on being an Entrepreneur

For about two years and a half, I worked as an Independent Consultant and sharing a few reflections I have.

Always keep abreast of trends and Industry
Read, subscribe to google alerts – stay informed
Network, Network wider, and Network even more
Call, write, Socially network – stay visible
Do pro bono work (at least 20 percent of time is fine)
A lot of work came my way as a result
Supports widening of network
Live the Brand
Being a consultant is ‘personal branding’ – you are always on camera. Act the part.
Keep away from losers – empathize, but disengage
They sap energy
Be where the action is
Also from those who envy you
Stay positive at all times, let go off bitterness. Harbor no resentment.
Akin to you drinking the poison and waiting for the other to die.
Build relationships, Business will follow
Either with prospective client or referral
Be alive to the other – stay curious and interested.
Practice being ‘nice’ and helpful
Give away things when asked, nothing is worth hoarding
Videos, Handouts, articles
The more you give the more you get back
Expect disappointments, setbacks, even losing one’s self esteem. Be aware of your ego and transcend.
Pain is your stimuli: your very choice
Your thoughts are YOU. Change that and you change the map
Answer the questioner, not the question itself.

Be aware of what you Project outside – its your subjective reality. Review transference and counter transference – reflect in every moment.
Celebrate small and big wins with family
Milestones are more important than destination
Stay Spiritual – your greater self seeks to fulfill personal purpose. Stay meditative, pray full, grateful. Discover your inner abundance.
Clients usually explain in ‘problem statements’ then invariably offer solutions
Listen to the phenomena, don’t get mired in the vocabulary, stay focused and design for ‘root cause’ not symptom
Respect clients space at all times
Move with ‘client pace’
When client is ready, Consultancy opportunities appear
Success is not the measure: it is about doing the best. Be better today than you were yesterday.
Stay away from Search firms – mostly they disappear in thin air
Clarify your values: it is like a flower bees zoom in to.
Be differentiated at all times – the 1% You is the 100 percent difference. 99% - is same or similar in any case.
Cultivate Patience, Humility and compassion – easier said than done ☺ you don’t build patience, you become patient over time, as perspective widens.
Every one has a unique Business Model that works – discover yours.
Three questions that intrigued me when I started
Who/What am I?
What can I do and for whom?
Why buy me?
There is no ‘brief’, you have to create yours.
I discovered to grow taller, one has to sink roots deeper
Every conversation is a treasure – goldmine. Say Thanks.
On charging fees – look in the mirror and state an amount. If you can look yourself in the eye, it is fine. Your fees is your self value. Don’t discount, say you will give more of yourself in your work. Negotiate hard, over deliver on quality.
Life Life Kingsize – make everything Big!
Differentiate between hunger and appetite – one satisfies the other is insatiable.



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Join me with your reflections, observations and perspectives. Please do share. Thanks, Steve