O is for Opportunistic

Posted by Pierre de la Fortune on September 15, 2015 @ 12:01 a.m.

Written by Peter Baskerville and Dr. Neil Flanagan

Entrepreneurs are opportunistic. In fact the synonym for the word opportunist [11] is actually entrepreneur. But an important fact to make clear is that they are not opportunistic about any or every opportunity just theirs. Sure, their natural comprehensive awareness affords them a view of the total situation and the possibilities wrapped up in every option but it does not mean they action every opportunity they see. In fact, entrepreneurs say no to hundreds of great opportunities because they only have eyes for theirs.

As Tom Caprel [12] points out in his article The Gold, The Opportunist and The Entrepreneur, those sad creative dreamers that do chase every pot at the end of the rainbow, will find it devoid of gold but full of broken hearts, dreams and bank accounts they fail as entrepreneurs because they are enticed by bright shiny objects and seduced by the next new dot bomb and become too distracted by UFOs (Unidentified Flying Opportunities) Having said that, entrepreneurs do develop an options portfolio and keep a constant vigilance for significant changes in the environment and/or a chanced resource discovery that may trigger a promotion from option to opportunity. Either way, they are not searching for AN opportunity (like a lottery ticket) but THEIR opportunity (the one that they are uniquely resourced to provide a solution to a need).

"If you are not centre stage in your own opportunity then you are just a bit player in someone elses." PB

For more info please visit:http://knol.google.com/k/characteristics-of-an-entrepreneur#view

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