Dr. Carswell was candid and honest that given the educational, and industrial support the image is created that everyone should be pursuing entrepreneurship, but the image is often sold by listing the top 5 wealthiest entrepreneurs. Too often does this come back to the idea of entrepreneurship for the money, as if it is easy, instead of for the passion. You have to draw a clear line of what you are willing to do and ensure you do everything you can until you get there, but it requires determining your limits in advance.
Finally Dr. Carswell said that a good entrepreneur is regularly reviewing themselves and the business, and should be asking these key questions:
- Why are you doing it?
- How would you do it?
- What business are you in? You have to think about why you are in your business at every junction.
Resilience is a skill and you get better the more you do it and so the key entrepreneurial skill is just trying, it’s the first risk, but it primes you for the 2nd, so on and so forth, but from it you also learn how and when to walk away and onto the next.
Thank you Eileen Mercier and Dr. Allan Carswell for making the Mercier Lecture a great success and an event to remember.