There’s childhood development, career development, workforce development, self-development, personal development, leadership development and business development.
Why not ENTREPRENEURIAL DEVELOPMENT?
If you’ve read the first part of this post on READINESS it’s probably obvious that we should next address the concept of ENTREPRENEURIAL DEVELOPMENT overall. Here’s the thing. It’s simply not done-or at least rarely done intentionally. Are you serious about making The 80% Shift? If so, please pay attention, with a heightened sense of awareness, to YOUR development.
Let’s clarify some terms as we explore this concept:
BUSINESS DEVELOPMENT: This term gets confused in our world because it commonly means two different things. 1) In regard to sales it means developing NEW business. Anyone coming from a sales background uses this term extensively. It’s not what I’m talking about here! 2) The name of the Small Business Development Center (SBDC) illustrates the second use of the term. These free counselors tend to focus on helping their clients develop the business-build a business plan, work on problems, etc. I encourage you, especially in the early stages, to pay attention to developing your business AND to developing new business. Just be clear when you use or hear the term.
PERSONAL DEVELOPMENT: Wikipedia (I LOVE Wikipedia!) defines PD as
Personal development includes activities that improve awareness and identity, develop talents and potential, build human capital and facilitate employability, enhance quality of life and contribute to the realization of dreams and aspirations. The concept is not limited to self-help but includes formal and informal activities for developing others in roles such as teacher, guide, counselor, manager, life coach or mentor. When personal development takes place in the context of institutions, it refers to the methods, programs, tools, techniques, and assessment systems that support human development at the individual level in organizations.
At the level of the individual, personal development includes the following activities:
- improving self-awareness
- improving self-knowledge
- building or renewing identity
- developing strengths or talents
- improving wealth
- spiritual development
- identifying or improving potential
- building employability or human capital
- enhancing lifestyle or the quality of life
- improving health
- fulfilling aspirations
- initiating a life enterprise or personal autonomy
- defining and executing personal development plans
- improving social abilities
The concept covers a wider field than self-development or self-help: personal development also includes developing other people. This may take place through roles such as those of a teacher or mentor, either through a personal competency (such as the skill of certain managers in developing the potential of employees) or a professional service (such as providing training, assessment or coaching).
Entrepreneurial Development: I define this as a blend of personal, leadership and business development. It’s a personal approach to developing as a leader with an entrepreneurial focus. I believe, from the bottom of my heart, that we all can and should experience this type of growth. Entrepreneurial mindset/skill-set are not exclusively used by small business owners. I use it as a parent. So do and can others. I’ve taught my kids to approach their college decision-making from this perspective. So can you. Careers in the future will HAVE to be managed using entrepreneurial principles such as accountability, creativity, innovation, adaptability, focus, determination and more.
The 80% Shift! asks you to COMMIT to continued entrepreneurial development. In fact, it demands it. What you’ll find as you continue to learn and grow is that it’s fun, energizing, revealing and helps YOU to be the best that you possibly can be! There’s so much more potential within you than you can possible imagine at any given point!
Here’s the ugly truth about me: I care deeply about YOU. I care about your business but I care deeply about YOU. Your business (or career for that matter) may falter or fail altogether. IF you’re prepared as an individual to look at it as a learning experience you’ll simply grow a little more and move to the great “what next”.
On the other hand, if all of your focus, energy and identity are wrapped in the success of your business (or career), a slight derailment can mean a deep dive into depression, blame, shame, guilt and worse.
If you’re experiencing any of these feelings please stop here and order Brene Brown’s, The Gifts of Imperfection. On second thought, this is a book we should all read, have at our bedside and have our adult children read as well-especially our girls. In fact, I recommend that you also take a look at Brene’s TED talk on vulnerability.
Your Entrepreneurial Development is a decision.
It requires work and commitment. The benefit is, that whatever you do in the future, you’ll be better prepared; you’ll learn, grow and experience life in a whole new way and…..you’ll be well on your way to experiencing THE 80% Shift! to sustainable success!
Let me know how I/we can help!