119: Developing an Entrepreneurial Mindset [Podcast]

by | Nov 15, 2016

Do you have an entrepreneurial mindset? No, it does not matter if you work for a large company or own your own company. An entrepreneurial mindset will help you enjoy your work, be more successful on the job, and make more money. Does that sound like things you would like? Here I will share some very simple ideas that will help you begin to change the game and teach you to move from an employee to an owner.

“The difference between an employee and an entrepreneur is ownership. #ThinkLikeAnEntrepreneur”]

Ownership. That is the main difference between an employee and an entrepreneur.

We are all entrepreneurs – earning a living in exchange for the services we provide. So whoever pays you, you are an entrepreneur – you own your career and you own your Company of One.

In fact, acting like an employee is a bit like acting as a slave, you just do as they say with little thought of your own.

Almost every company wants their employees or team members to think like an entrepreneur – having that entrepreneur mindset. They want you to OWN your job.

15 Minute Fixes to Develop an Entrepreneurial Mindset

  1. Before you leave for work
    Remind yourself daily that you own your own company. Tell yourself “I am thankful for the opportunities I have been given to serve others with my skills. I am the owner of my own company and everything in my company is my responsibility. I am the owner.” This is similar to Zig Ziglar’s self-talk scripts.
  2. Think about how are you perceived.
    Look in the mirror. You are your own marketing machine.
  3. Be clear who you serve.
    Your customers are those who either pay you or impact your pay.
  4. Create a vision.
    Develop a short and long-term vision of where you want to be – but start with the long term. No, you do not need to sit under a tree and meditate for days to do this – but do it. Get a vision of what you want from your work and your life – and no – they are not two different things!
  5. Understand that work is who you are.
    I know a popular idea is “I am not my work”. Bull. Your work is an expression of who you are – so if you cannot stand it and are hiding from it defining you – you are hiding from yourself.
  6. Understand how to serve your customers.
    Some want to move slow and have an “as it has always been done mentality”. Does that fit with your vision of you?
  7. Stop talking about work-life balance.
    Work life balance is a lie. The idea I hear is we should be able to turn it off and shut it down totally. Turn off the lights and forget it. That is true for an employee – but not an owner. Sure, you can have fun, forget it at times, but you are likely always thinking about it and getting clues how to improve it. It might be at a ballgame, at the Opera or even dinner with the family.
  8. Let the family in.
    Since it is part of you, bring your family into your inner circle. They are part of your company of one.

Links mentioned in this episode:

Building Your Own Business

Company of One Podcast


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About the Author

Dale Callahan

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