The second principle of entrepreneurship is: Start with a good business idea.
The second action step for Entretude is: Start with a focus statement based on what you do well and what you are good at.
The business idea or opportunity should be a way to satisfy an unmet need profitably for an extended period of time. It's also got to be consistent with what your business is good at and can do well. This means you and your team should have some skills and talents particularly well suited to exploit this opportunity.
Applying this entrepreneurial principle to you gives us the second principle of Entretude: Develop a focus statement based on what you do well and what you are good at.
This statement will be the filter for all ideas, decisions and actions you're considering. This links effort to effort, day to day, week to week, month to month, year to year and life to life. It's the next step in applying entrepreneurial principles to your life to take control. It's important to emphasize that this is not the time to decide what you can or can't achieve. This is the time to look outward, to be sure your focus is a good one for the world you live in or want to live in. This is also the time to reach outward and collaborate with others who can add a new innovative perspective to thoughts about your focus statement. This is the time to choose what you really want in life, what you have a passion for, where unexploited opportunities are for you. It takes experience in life to know what you want, because through experience you learn how to make good choices. You are a mature, seasoned professional who has all the experience needed to craft an excellent focus statement.
Writing Your Focus Statement
Craft your statement in a way that works best for you. Make sure it clearly states your goal, and the strengths and skills you will use to reach that goal, as well as the environment in which you will accomplish the goal. Your focus statement could be: I will create opportunities for personal and professional success in all parts of my life using (what you are good at) to (what you do well).
Here are a couple examples:
- I will create opportunities for personal and professional success in all parts of my life, using my creativity, curiosity and insight to become a freelance writer.
- I will create opportunities for personal and professional success in all parts of my life, using my ability to synthesize ideas, information and concepts, to articulate these ideas and insights to groups and individuals in my own motivational training business.
Be consistent - read, remember and think about your focus statement every day. It's your first thought when an opportunity comes to you. It is your first thought when you see a chance to create a new opportunity. Only the opportunities that match what you are good at and what you do well are true opportunities for you. Everything else is a distraction.
Have you thought about or written a focus statement for yourself before? If you have, tell me about it and share it with the other readers. If you haven't, let me know what you think about the idea.