Is there a recipe for entrepreneurship?
The idea that luck happens when preparation meets opportunity is as old as the Roman philosopher Seneca. And if being lucky simply means just that, then maybe we can game the system by being prepared for when that opportune time comes knocking at our door.
But what does being prepared mean? And what if opportunity eludes us like we are bearers of bad luck?
What are the ingredients that make for a good or successful entrepreneur?
To somebody who understands, and is willing to pay, the price, the answer is simple: Get to work.
Preparation means keeping your eyes peeled, and acting on your intuition based on information you have at the moment. If you want to learn how to convert an idea into a business, keeping your radar up is a must. Noticing, or creating, chance opportunities – and acting on them – entails being keenly aware of your environment, of where the next wave of change is going to strike, and whether that wave will be a tsunami of disruptive revolution that will wipe out all your previously held beliefs or the society’s way of doing things.
If you’ve spotted the wave from afar – which you would if you scan the horizon every now and then – then you would have enough time to get a board and ride it. If you are far ahead of everyone else, you may even have enough time to develop surfing skills so you don’t wipe out.
By actively pursuing possibilities, you consequently develop a different way of looking at things that put you in a better position for a big life or career change. The economy tanked, and you were fired. If you are open to the idea of starting anew (instead of sulking in the corner lamenting the loss of your lucrative job), then you can summon enough mental fortitude and physical energy to learn entrepreneurship and start a home-based business or become a productive citizen of an increasingly free agent nation. Others may view that job loss as a sign of failure, but open-minded people believe that adversity presents an opportunity to create something that is more aligned to their desires and beliefs.
Finally, opportunities don’t necessarily book an appointment with the lucky ones. The lucky ones chase, if not create, opportunities by tapping into their optimism, and by converting that belief into action. They understand that a positive outlook will only get them so far, and it’s the action – the persistence, the doggedness, the unyielding determination – that will transform their vision into reality.