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Success in serial entrepreneurship: The Secret Sauce

Becoming an entrepreneur is like riding on a roller coaster without a seat belt. It’s full of adrenaline, completely un-predictable and fun. The real skill is being on every amusement-park attraction, and still continue to appreciate life. Let’s unwind this puzzle a round at a time Cole Diamond Toronto.

First, you’ve got to don a lot of hats, ride the razor’s edge between genius and madness. Flaming torches while blindfolded ever try? It’s a bit like that. You have to be wildly imaginative yet sober enough to push plans through. Creativity stimulates new businesses, but pragmatism builds one for you to dwell in.

You also need shoulders as broad as the Prince of China’s,for example. In a cash-poor business, ” bending over backwards ” is very much a habit. Some nights, you may lose sleep. You’ll look back and later think about the days you spent into trying local lemonade stand with questioning eyes. However, one thing makes all these bitter memories recede. This is called resilience,rock-like and absurd. Each failure is merely the next act’s stepping stone.

Serial entrepreneurs are used to saying that their connections are worth more than gold. However, this rings true: relationships nurtured early in the day become a huge plus in setting up again after a break. People are the glue that binds ideas.

There’s also instinctuality. Ever been around a man who can tell just by looking into a horse’s eyes which one will win? This is a strange skill to possess. It takes foresight to succeed in life. To know what opportunities are worth trying for, and which risks to avoid, the serial entrepreneur often develops this intuition through much practice, combining hard fact with gut feeling.

What keeps entrepreneurs like these who are enchanted with adventure and in possession of such enormous imaginative power going? Passion. “You’ve got to ‘love what you’re doing!’ “ may sound like a broken record, yet if you’re spinning plates all day long, you’d better enjoy the performance. Enthusiasm isn’t a cause of good fortune, it’s more akin to the fuel that propels an airplane.

Lastly,learning is an art that involves embracing it all. There’s no age limit for school, especially as failures are frequently the best of teachers. Thus, each lesson and each mistake adds to an invisible manual which eventually leads on toward victory.

Serial entrepreneurship does not suit those with weak hearts. It’s a dance, a game, a journey–those who dare to tread its path may well wind up deep in rich, ripe experience, on guard for whatever way tomorrow’s wind blows.