Most Entrepreneurs work alone and try to build their businesses on their own. In my experience, having a strong team around you in any situation will make you a better leader and take you to greater heights of success. In order to truly achieve success as an entrepreneur, you need to be a part of a powerful team. In this post I’ll explain how having powerful teams in place to both run your business and to grow your business.
Why Is There No TEAM in Entrepreneur?
The word ‘TEAM’ is not found in the word ‘ENTREPRENEUR’ – but it certainly should be. By definition, an entrepreneur is ‘someone who organizes a business venture and assumes the risk for it’. Even the definition has ‘someONE’ in it. But in order to get the business venture going effectively, there needs to be teamwork – yet most entrepreneurs are out there working and acting independently. Team, by definition, is ‘a group of people with a full set of complementary skills required to complete a task, job, or project’. Wouldn’t it make sense that having a team would actually be helpful to an entrepreneurial venture? So why then, do we as entrepreneurs, tend not to build or utilize strong support teams?
The Lonely World of an Entrepreneur
Most of us start out as entrepreneurs working completely on our own. We have our own ‘why’, our own purpose, our own goals. We work hard to make our venture successful. We may even learn from others around us, utilizing training material or following duplication methods of those before us. But mostly we try to get our businesses built and off the ground on our own.
In corporate America, I have run large teams with over 20 people. I know and have seen firsthand that the only reason I ever had success working with a team in corporate America was that we all worked together for a greater purpose. We all brought something different to the table. We all had our own and different strengths. As a leader, you need to know how to capitalize on those strengths, or you end up failing your team mission.
Starting Out as a Solo Artist
With all that I’ve learned about the importance of teamwork in my life, I still set out on my entrepreneurial journey alone. It felt natural – I was starting my own business, I should be working it alone until I build my organization. I proceeded to operate for 18 months almost completely alone. I looked for good teams, even joined a team with a top company earner above me. I joined companies where I thought I had community and support, and while they did, they did not have the true heart that a team needs to succeed.
In many cases, the support was superficial. There was community and training but never the belief that someone really had your back. I never felt that someone would help guide me and support me while starting my own business and life transformation. Ultimately and thankfully, I found the right team that filled in the pieces I was missing, and everything just came together.
Putting TEAM Into Entrepreneur
While you need a team that is more involved in your day to day business building efforts, you will also need a larger team around you. These are people such as tax attorneys, bookkeepers, lawyers, and business advisors. While you don’t need these team members every day, when you do – you’ll need to have good ones in place. Find those that understand you and what you are trying to accomplish you’re your business. Interview 3-4 of them in each area to be sure you have the right fit. Work together and make adjustments if needed – you and your extended team should always be in sync.
For your day to day business building efforts, find a true team to work with that will support you. You will want to find a team that has heart, purpose, and a common mission. A team with strong leadership, mentoring, and experience. Find team leaders with the same goals you do – to motivate, to inspire, and to lead.
Having a team will remove the isolation that so many entrepreneurs live with day in and day out. Strong leadership on that team will help you realize your goals through motivation. Isn’t it time you found a way to put the right TEAM into your own Entrepreneurial efforts?
If you have stories about the importance of TEAM as an Entrepreneur, please comment and share them. If you liked this post, please share it on your social media networks and help me get the word out on this important topic!