Sunday, November 1, 2015

Being an Entrepreneur

There are lots of people that are example of successful entrepreneur.  In this opportunity, I want to share my thoughts about 2 of them. They are Carlos Slim and Carl Schramm.

Carlos Slim, born in Mexico City, Mexico, is the forth-richest man in the world. He owns stock in more than 200 companies. His wealth comes mainly from Telmex that is the biggest telecommunication company in Mexico. He said once “If you’re in business, you need to understand the environment. You need to have a vision of the future, and you need to know the past.” This has to be the principal of any business plan.

Before we start dealing with our own business, we need to analyze everything about it first. We need to research what have been happening in the area we are planning to have a new beginning. If we know the past, we can plan a realistic future. Being an employee is different than being an entrepreneur. Employees are not the final decision makers. They are managing another’s person asset. As an entrepreneur every decision I make is going to affect me directly.

Carl Schramm is the former president of the Kauffman Foundation. He is a clear example of leadership in the industry. He knows well what it takes to be an entrepreneur and how to get there. He mentioned on a Wall Street Journal Interview.

“I think we were in full tide of entrepreneurial capitalism and now there's an introspection, where the vocabulary is all about regulation and the importance of the government to restart the economy," he says. While Mr. Schramm believes that the government has a role to play, he argues, "Historically through the last seven recessions it's been entrepreneurs who essentially restarted the economy.”

The future of any country is not is the hands of the government. It is in the hands of the entrepreneurs who end up changing the financial situation of the country. We have a huge power in our hands if we know how to use it. We need to be able to visualize the future that our company is going to bring to the world and our life.