When you hear the word ‘entrepreneur’, you often think of a famous individual, out there battling the odds to get their opportunity off the ground. We often think of entrepreneurs as having particular behaviours, such as their ability to manage risk, and their need to have control over their work and professional lives. All this tends to reinforce the idea of entrepreneurship as being about special, charismatic individuals. Undoubtedly, there are such figures, such as Steve Jobs and Bill Gates who built Apple and Microsoft. But no famous entrepreneur makes it on their own – although it might feel like it at times! Of course, it is often an individual who has a great idea, or the need and desire to strive to get a venture off the ground. But you won’t get far unless you are able to build a team that fits into the business networks in your chosen sector or area.
Why is this so important? Because if you want to grow your business, there is so much to do! You simply won’t have time to do everything on your own. Also, you won’t have all the skills. Take a technology start-up for example. It’s unlikely that any one individual would have all the skills necessary for success – technological ability, marketing know-how and financial acumen. You have to build a team around you. That’s not always easy – you have to get people with the right expertises, obviously, but you also have to think how they are going to work together as a team. It’s up to you to set the tone as leader, with clear objectives for people, which isn’t easy in the uncertain world of entrepreneurship. It’s a team game – so don’t be tempted to go it alone.