Entrepreneur Archive - Vitality 4 Happiness

Turning your weakness into a strength

or turning your mistake into a success

I parked my scooter in front of the bank. It was pretty crowded, not only in the parking area but also inside. The security person at the entrance told me, that they will not serve me anymore today. So I went back to my scooter. When parking out, I touched the next scooter. That one fell over and another one fell over as well. So I stopped to put the other scooters back up. The first one did not have damage. But from the second one, the mirror was broken. I didn’t know, that I am gonna turn my mistake into a success. But that’s how I met Tracy Wilkinson.

We exchanged phone numbers. And already one day later Tracy got the broken mirror fixed. She sent me a message with the invoice, how much I had to pay. Meanwhile, I left Bali for a trip to the Gili Islands. Probably Tracy thought, she will never gonna see me again … But about two weeks later I turned up at her office to fix the damage I created.

Tracy the multi-entrepreneur

Tracy Wilkinson

I learned from her, that she runs a business called Western Influences. And I found out, that she is a multi-entrepreneur, running some other companies as well. We found that we got much in common, with our ideas about personal development and business. That’s why, we met several times for dinner, and we had a very enjoyable exchange of ideas and thoughts. She also joined my mastermind group and very soon she became one of the most active participants. For me, it was a big win to get to know her.

For heaven’s sake, I smashed the mirror of her scooter! So my mistake turned into a success. Nowadays I think each time when I enter the bank: let’s smash a scooter and make more friends. Because I learned from her, that

Tracy managed to turn her weakness into a strength

Read her amazing story:

How she snatched from the jaws of death, already 13 times!

Dear Tracy,

Keep on Turning your weaknesses into strengths!

What a wonderful story! Time to celebrate your health and your courage, to get through all of this. In our conversations I always felt, the big optimism and gratefulness, you are carrying in your heart. So I guess that’s what made it become so strong again!

I am so happy for you and glad that I got to know you!

Thank you
Klaus

What is an entrepreneur?

An entrepreneur is a self-employed person who founded his own business

What is Entrepreneurship? As it is described in Wikipedia, it means the process of designing, launching and running a new business, which is often initially a small business. People who create a business are called entrepreneurs. The word Entrepreneurship comes originally from the French language. And it is made up of the words “entre” and “prendre”, as much as “business”.

So, what is entrepreneurship in the classical sense?

It is all of the tasks of the founder and a business owner got to take care of. But much more it is their mindset. It is considered as an independent, responsible and healthy way of developing an enterprise. Due to this, entrepreneurship requires great responsibility. And at the same time, it involves taking high risks, because a lot of them fail financially. This means that the term “Entrepreneurship” characterizes a certain attitude of mind. So that the business can improve its success and chances to compete in the marketplace.

And what is entrepreneurship in a modern sense?

Due to the fact, that creating a business idea and putting it into life is a very creative process. An Entrepreneur is an artist. They got to imagine something special, break it down in executable steps, and turn their imagination into something real. And this never ends, they always have to reinvent their business, strategy, as well as the processes to make the business grow. And the base for that is the mental growth of the entrepreneur himself.

What is Entrepreneurship innovation

In English, the first French entrepreneur describes a personality that is quite good at bearing high responsibility and high risk. The word Entrepreneur is not just about the dull translation, but also about character. It requires a balanced attitude to life and the ability to produce new innovations over and over again.

The accompanying word entrepreneurship describes the entire complex of topics, which includes the field of self-employment. Depending on the reading, you can achieve very different content here. According to Schumpeter entrepreneurship definition, it is the creative destruction of existing structures, in order to establish innovations, that are usually obtained through reorganization. Entrepreneurship as the field of action of an entrepreneur. And it is also gilded as a learnable thinking principle, that can be derived and implemented by “normal” managers. Even though managers do not bear the high responsibility, like the entrepreneur himself.

An example of “what is entrepreneurship”

Imagine you got an idea for a business, and you found it together with a friend. The two of you become entrepreneurs. You invest a lot of your own cash and also the debt capital in your entrepreneurship. You also bear the entire responsibility for the capital. But since you are convinced of the idea of your entrepreneurship, the two of you are everything the company is about. You are two true entrepreneurs. And due to living your entrepreneurship, your business becomes the blueprint of your characters.

Category: Entrepreneur

How to Turn a Weakness Into a Strength