Entrepreneurship is for Everyone

Where are You Heading?

I am on the board of NFTE Greater Dallas - The National Foundation for Teaching Entrepreneurship. I recently had an opportunity to go to the national organization's annual gala where they recognize leading entrepreneurs for the work they do in their field, but more importantly, they recognize the leading student entrepreneurs and their teachers for their program.

NFTE (pronounced nifty) is a program that teaches entrepreneurship to middle school and high school students with the expectation of creating some relevance within the school experience and teaching them some life skills. As I went from booth to booth, learning about the businesses of these young entrepreneurs, including handmade jewelry, custom spray painted t-shirts, baby sitting, tutoring, artwork, hair dressing, and motivational speaking, I pondered on how this related to what I was doing with my InPower coaching system. And, of course, I see a direct connection.

What these young people were being exposed to was an early experience with self-determination, with choice. They are learning that they have an opportunity to shape the destiny of their lives and they don't have to be totally dependent upon "the system" to provide for, determine, and limit the scope of the future possibilities. They are learning that they have the power to make choices, and to take actions, to get the results they seek in life.

One of the speakers at the gala shared a quote from Lao Tzu, "If you do not change direction, you may end up where you are heading." For these students, all from low-income neighborhoods, the statistics show that where they were heading, without some intervention, without a change in direction, is likely to have a future that is not very bright, promising, and in many cases, not even very long. A change in direction is life saving.

What about the adults? What about those who are either trapped in the rat race or who are struggling just to join that race? What lesson can those who were successful in school and in their corporate jobs take from the entrepreneurial experience? After all, entrepreneurship is not for everyone, right? Someone has got to work for the big corporations and for the smaller businesses started by the entrepreneurs, don't they?

Right and wrong. While it may be true that not everyone will want to go out and start their own business, it is true that everyone of us is already a business. The American economy in recent decades has moved more towards a dependence upon services. The real truth is that it has been dependent upon services all along. In a service business, people sell their time (e.g. lawyers, plumbers, babysitters who bill by the hour), their knowledge (e.g. doctors, consults, and tutors are paid for sharing and using their expertise), or their skills (hair dressers, artists, and craftsmen who pay often varies by how well they perform given tasks). Every single worker, therefore, is operating a business. They are running their own professional services firms in which they are selling their time, knowledge, or skill to a client. If they are currently an employee, they have are selling primarily to one client.

With that perspective, how might the thinking of adults who are employees change? I believe it can be a very liberating shift that provides room for a much greater range options for self-determination. With this mindset, there is an entire range of tools that business owners have perfected to shape the future of their entities that can be applied to the individual to establish a clear path to a future determined and created by that individual.

Have a powerful day!

Cecilia