Entrepreneurship: Challenge yourself — innovate, compete, succeed!

Fri, Oct 12, 2012

Being an entrepreneur is not an easy task, but you must challenge yourself! A famous quote by Bernice Johnson Reagon is: “life’s challenges are not supposed to paralyze you, they are supposed to help you discover who you are.”

The Merriam Webster dictionary defines an entrepreneur as someone who organizes a business venture and assumes the risk for it. Entrepreneurship is the seed that produces other forms of business and creates finance. The job market is more and more condensed every day; the era of globalization has increased competition in the workforce.{{more}} In order for individuals to remain competitive, they must think outside the box. In recent years, entrepreneurship has helped to boost several developing economies such as Brazil, Singapore and even our neighbour Barbados.

What is society’s definition of success? Society’s perception of success is someone who has attained millions, a big house on the hill and technological convenience. What is your definition? A true meaning of success is someone who has set goals and has worked continuously to achieve those goals honestly. Don’t be afraid to fail as an entrepreneur; the first business might not have reached the mark you wanted. My advice to you is don’t waste energy trying to cover failure; you must learn from your failures and go on to the next challenge. It’s ok to fail; if you do not fail, then you will not know growth.

The idea that we are waiting on the world to change needs to be eliminated; this is the time we can make a difference and it begins today, challenge yourself! Challenge yourself to be innovative; the world is at your fingertips. Reach out and seize the moment. This is your chance to establish your freedom. Work for you, create a job for yourself — the one you always wanted. Challenge yourself to make your organisation competitive and, by extension, make Saint Vincent and the Grenadines more competitive. No matter what you have been through, no matter what small business you are into, sometimes there is a struggle being an entrepreneur, but you have to persevere. It is said that the more effort that you put into your business, the more output you will attain. “The heights by great men reached and kept were not attained by sudden flight, but they, while their companions slept, were toiling upward in the night,” Longfellow, Henry Wadsworth. When you battle through the depths of defeat, the sweeter your success will be.

Submitted by
Youth Business St Vincent and the Grenadines
For Financial Information Month 2012