Entrepreneurs understand that their world is accelerating. Growth is exponential. Technologies are converging. Business lifecycles are collapsing thus wisdom nuggets become vital and golden. Therefore, the need to be ahead is as important as the need to stay ahead.
Below are three ways of scaling up as an entrepreneur by inculcating these nuggets in your entrepreneurial journey:
1. You need to embrace speed
If you are a skier, do you complain that the snow is cold? Of course not. You dress for the weather. You recognize cold as the thing that makes skiing possible, even enjoyable. On a mountain slope in winter, cold is a given. For a twenty-first century entrepreneur, speed is a given. Choosing to embrace it is the first step in slowing things down and creating an advantage.
2. Be a student of today
If the entrepreneurial world is accelerating, so too is our ability to analyze, forecast, predict, integrate, and disseminate information. Take advantage of all the smart people helping us to make sense of the world. Read the blogs. Listen to the podcasts. Follow your industry on social media. Take some quiet time every week to study the angles and check the formations.
3. Seek wisdom in experience
That’s what Ray Lewis did during his career and what other great players do today. That’s what smart entrepreneurs do, too. I’ve spent the last few years writing about the history of American innovation. It’s been an eye-opening and productive journey. Nothing puts events in perspective and slows the world down better than “studying the videos” of the entrepreneurs who preceded us.