Many times, innovative ideas are hard to execute because, for obvious reasons, they are unique and new.
In my early years, I left a promising law career to start IncentOne, the first company to provide rewards for healthy behavior. At the time, rewards in healthcare were not only non-existent – they were offensive. I was told over and over, "we will never reward people for things they should be doing to be healthy."
That birthed a new company and a whole new industry.
As entrepreneurs, we are expected to be visionaries, yet we must also make that happen by executing plans with the right people and system.
How do you drive your vision to fruition?
▶️ What Being An Entrepreneur Really Means
Key points in this episode:
✔️A visionary idea 💡 sparks every new venture — but it takes faith and belief to say, "I'm going to bring forward an idea of something that's never been done before." In a challenging world, what sets entrepreneurs apart is their way of thinking and moving. At their core, entrepreneurs are always willing to understand problems from different and new perspectives. They innovate, seize unlikely opportunities, and create value.
✔️ Many successful business leaders have this secret to sustaining growth — HUMILITY and a HEALTHY EGO. They are willing to learn from their advisors and mentors, carefully listen to their customers and employees, and tune in to their inner intuition to become strong but remain humble.
✔️ You can't have vision without execution. You can't have execution without vision. These basic and twin concepts will lead us out of the rocky and lonely path of entrepreneurship. Nobody understands this more than Michael Dermer, who stuck through his business idea crisis after crisis and turned his struggle into success.
✔️ Embrace what it means to learn and get better as an entrepreneur. Too often, we're like, "go, go, go." I have an ego. Become humble enough to recognize the lifelong journey: "I have to get better at this. I have to improve my skills. I have to bring people around me that have done this before."
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