We conclude our Praxis Opening Seminar Highlights Series with a few thoughts from my notes on Patrick Bryant’s inspiring talk to our Fall 2014 Class. Patrick Bryant is the Founder of Go To Team and a Partner in Cigar Row.
1) Get real.
The entrepreneur myth is that you get a skill, go use it, and you’re an entrepreneur. The reality is that you go from having no boss to your customers being the boss. You go from 9-5 to setting your own hours working all the time for customers who are very demanding.
2) Fall in love with the roller coaster.
Entrepreneurs have to love the ups, downs, twists, and turns. You have to have a high tolerance for risk, failure, and lots of bad days.
3) Create and expand.
Innovation and scale are the two main pillars of a start-up, Think about ideas that allow room for innovation and scale. Create a product or service that can be sold repeatedly internationally. Build a system that allows someone else to do it.
4) Network as if you’re life depends on it (because it does).
Find talent on a constant basis. Always seek out people who want to work with you. Abandon the narrative of the lone hero and make it a top priority to connect and surround yourself with people who can add value to your projects.
5) Entrepreneurship is fun and rewarding only if you’re willing to put in the work.
Sacrifice: That’s what entrepreneurs do for a living. They sacrifice what no one else is willing to give up in order to experience what no one else can experience.
For previous posts in the highlights series, click here.