In the life of an entrepreneur attracting resources is a buzz always present. As a new one you need to attract the resources to get going, money, time, people, customers, co-operation partners and so on. The daily challenge of an entrepreneurs is how to remain a relevant and attractive business while the environment continuously changes. Consequently, we do talk a lot about the entrepreneurial skill of attracting resources and explore the how.
What is more seldom spoken of is when it is time to let go. Not all resources are helping your business in the long run, some might even hurt it. Facing that and make decisions based on that insight is equally important.
Knowing when to do what is one of the big challenges of an entrepreneur. Some Leaders seem to know exactly which steps are necessary and when to take them to reach their goals. It is not a gift! All leaders need to develop this essential skill and there is always room for improvement. Through our work as coaches of entrepreneurs we have seen that coaching helps you make these decisions and face the everyday challenges of an entrepreneur.
In this series of articles, we will share some of our experience of entrepreneurs’ resource management and invite you to consider them in the light of your own day to day life.
How do you surround yourself with the right people? What happens if the need arises to go separate ways?
How do you make your financial decisions? What is important to consider when negotiating with an investor or a supplier? What do you do if your much-needed capital comes with strings attached which are not compatible with your values?
How do you deal with old habits, limiting beliefs and shiny but useless tools?
These are the challenges faced daily by entrepreneurs. Let’s explore how coaching helps you make these decisions. Embark with us on a journey exploring entrepreneurs’ resources – attracting and letting go…