In this week’s Apprentice Helen faced Lord Sugar for the first time, and was exposed to his CV inspecting wrath. He made the point to the successful executive assistant that you don’t just wake up one morning and decide you’re a businessman. You have an idea, you have drive, you have passion, and you do it.
I’ve had a few conversations lately about what it means to have entrepreneurial spirit, in this day and age. Like Lord Sugar, I don’t think being clever, inventive, creative or even organised and hardworking are the core of it. Ultimately, to want to be an entrepreneur, the most valuable personality trait is that of a gambler.
You have to roll the dice.
That’s what it boils down to. Numeracy is important, creativity, a sense of strategy, the market and marketing, leadership skills – all key. But one of the reasons I’ve not started a business myself is the same reason that I rarely push all-in with deuces under the gun, even under punishing blind conditions – I don’t like the stress associated with that level of risk. And indeed, British entrepreneurial culture is far less forgiving of failed gambles in the business realm than other countries (like the US).
So is Britain’s ‘growth agenda’, in no small part founded on the idea that we’ll have a nation of burgeoning entrepreneurs, fundamentally flawed? I’m not sure. It wouldn’t surprise me, though, if the idea of taking a risk on a business proposition is less scary to the average Brit. We seem to have a culture of at least (semi-) calculated risk and we do see a lot of start-ups emerging around the UK.
What do you think?