I retired from personal blogging in July 2008.
But you can find me over at http://blog.xero.com.
I’ve had a number of discussion on Entrepreneurship over the past few days.
A question raised (thanks Don) was - can Entrepreneurship be learned?
I think yes, absolutely. And I think a secret is Positive Feedback Cycles. What I mean by that is the experience and confidence gained from success makes it easier to do the next thing making you even more likely to have positive success. Pretty simple but I think very powerful.
Computer programming is full of Positive Feedback Cycles. Every day you may find a number of logic problems that at first thought seem hard to solve. But you work it out and solving that gives you a positive experience. It is satisfying and you start to have the attitude that you can solve bigger and bigger things. You actually start looking for the challenges.
I actually like it when people say no or tell you that things are impossible. A challenge. (Of course that really annoys the wife.)
Understanding this simple mechanism, what I’m calling Positive Feedback Cycles allows you to get started. I don’t want to sound to ‘Tony Robbins’ here but set some challenges, get out of your comfort zone and relish how you feel afterwards.
For example. Speak at an event. Frightening at first but so satisfying afterwards. Set some small goals and achieve them. Run a half marathon. Learn something new. It doesn’t matter what you do, once you taste success you get into the Positive Cycles.
This leads to Entrepreneurship which is all about having the confidence to trust your gut feeling and make stuff happen.
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Entrepreneurship is very interesting and your work in promoting it is excellent!
I would like to add that not only should it be the successes that positive experiences and confidence be gained but the losses should be treated the same. True serial entrepreneurs take the positives from all experiences and continue developing to get those wins. I believe what really sets entrepreneurs apart from others is that they learn from the failures and try again.
[...] Rod Drury > Positive Feedback Cycles: “…secret is Positive Feedback Cycles. What I mean by that is the experience and confidence gained from success makes it easier to do the next thing making you even more likely to have positive success.” [...]