A Day in the Life of an Entrepreneur
An average day for an entrepreneur is unpredictable. The various reasons entrepreneurship is attractive: no consistent schedule, freedom from outdated corporate infrastructure, adaptability, no set workspace/office, instant turnaround, clear solutions to problems, and efficiency to state a few. Are the exact reasons passion is the necessary component to successful entrepreneurs according to Alexander Djerassi. Mr. Djerassi readily confesses the fact that solving a problem may be the heart of entrepreneurs’ mission but will not guarantee financial success in their endeavor. The key ingredient is a blind passion for solving a problem whose clientele, here is the crux, has the capacity to purchase consistently the efficient product or process. There is also a spirit of continual forward progression within the solution/s offered. Mr. Djerassi has stated that most entrepreneurs in his opinion begin their journey seeking financial freedom outside of the current corporate structure. This sounds like a lovely idea, yet as he points out the misunderstood motive usually leads to failure, disillusionment and disappointment.
Most days in the life of an entrepreneur are structured according to each individual’s personal preference. Some like to wake up with morning hot beverages, complete emails, place phone calls necessary before the “actual start of working business hours.” Get ready for breakfast meetings. Usually, meal meetings are utilized to catch up with investors, business associates and potential business partners. Within this setup afternoons are dedicated to product marketing, overview of reports, problem solving both within the organization as well as process/product specific due to development, implementation, and sustainable usability. Any variance in the time of the tasks is the reason entrepreneurship attracts a wide variety of personalities to its trepid start line. Those who find a workable balance, i.e., live for their offered product/service without reservation find the freedom both with their time and finances most according to labor statistics state eludes those who half try. There is no middle ground in entrepreneurship. According to Alexander Djerassi an entrepreneur succeeds or fails based on their understanding of the needs of customers. The best recipe for success is a hyper focus on the necessities of the customer base. Successful entrepreneurs take a significant portion of each day to connect with, listen to, and meet the needs of each customer who takes the time to express where they could use help. Most of an entrepreneurs’ day is focused on problem solutions. Their mind during all the other tasks required to perform stays attentive to any new avenue toward solutions. Everything an entrepreneur experiences is filtered through their potential solution concentrated mind. Something as simple as a conversation may spark a productive line of thoughts. Entrepreneurs are working non-stop, yet the tasks in front of them are as different as the temperature every hour of the day, each day of the year. There is no off switch with an entrepreneurial endeavor. One must find as much joy in the startup phase as each subsequent building phase as the initial ideas turn into profit turning quarters.