April 12, 2012

Confessions From a Serial Entrepreneur

I am a serial entrepreneur. There is nothing more I can say. I enjoy establishing businesses. I enjoy taking businesses and putting my own spin on them. I like taking businesses that categorically should go to the next level and developing a plan of action that gets them there. It should also come as no shock that my ministry work looks similar. I categorically like to start churches. I love assisting churches get strong and growing once more. I like to fix broken churches. Are you noticing the pattern?

The Birth of a Serial Entrepreneur

For me the entrepreneurial itch started in high school. I worked in a Karmelkorn Shoppe in Wichita, Kansas. The store was operated by the Briscoe family. The whole house was complex in the carrying out of two franchise locations in the city of Wichita. I loved watching all of them pour their heart and soul into their small business. Not only did I begin getting to know the basic principles of running a business, but this house was top notch in the care and concern they demonstrated for their employees (even though most of us were flighty teenagers).




The itch became a bad case of the "gotta have its" in my senior year in high school. I was an active participant in the Deca (Distributive instruction Clubs of America) program. That year I wrote two company plans for a Karmelkorn styled popcorn shop called "Ole King Corn" and an Americana themed bistro called the "All American Cafe." I ended up winning the state level Deca competition for my company class. I would later go forward to compete in the national competition in Salt Lake City, Utah with these same two company plans. It was during this time that the serial entrepreneur was born.

A Serial Entrepreneur Loves the Challenge

Serial entrepreneurs live on the challenge of starting new things. They love taking an idea in their mind and turning it into something tangible. The root-cause of entrepreneurship is the passion to solve difficulties and originate a profit solving those same problems. A serial entrepreneur looks for the opportunities presented by daily challenges that others face.

The other motivation is the thrill of taking new risks. It is the journey into the unknown that compels the serial entrepreneur to go places where few men dare to tread. I find that I am enduringly on the surveillance for "what else" is out there. When I see a ship or an airplane I yearn to climb on board, just to see where it ends up. Over the last 20 years my entrepreneurial exploits have led me into diverse businesses and experiences, along with things such as police equipment, personnel recruiting, computer repair, crisis reconstruction, mechanical lubrication, financial advising, network marketing and online stores to name a few.

Focusing the Serial Entrepreneur

One of the most problems for the serial entrepreneur is sitting still. It is much too easy for a guy like me to want to move onto the next thing. categorically this is a salutary company model. A savvy entrepreneur will seek to turn the company over to a competent manager, after the company is up and running. The risk is doing this too early. To maintain the appropriate level of focus and vigor on a business, the entrepreneur has to make a commitment to that company for a inescapable time frame or until a measurable level of carrying out is reached. Without this time and effort, there will be a long line of orphan businesses that never had an opening to grow.

Confessions From a Serial Entrepreneur

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