Travails of Entrepreneurship
It is said that 'Entrepreneurship' is tough. It is a difficult activity requiring enormous grit, courage and risk taking ability. It requires the ability to deal with uncertainty and a lot of self motivation. A lot of such things said about the 'Travails of Entrepreneurship' are indeed true. As an entrepreneur, I have experienced many of them, observed them in fellow entrepreneurs and deliberated about the source, implication and remedy for them. Recently I realized another challenge or dimension to entrepreneurship. It is to do with accountability and ownership of results. In a traditional 'Job' scenario, an individual is often not 'solely' responsible for results and he/she works as per the directions of his/her superiors As a result an individual does not need to wait to see the success of his/her efforts to feel a sense of satisfaction or accomplishment. Pacifying the boss or justifying the cause of delay/failure to another source ...