This is is a short talk I gave at a Wyoming Entrepreneurs gathering. It was a packed house at WH21 with hip like minded people.
To be a successful entrepreneur you need three things.
The first thing you need is vision. Did you know that only about 10% of the population are visionaries? That means we can see things no one else can see. We can see the end state. The end product, the end results. The most difficult task you will ever face is getting other people to see what you see until it is actually here. Whether it’s through a business plan, a strategic plan, marketing, or the concrete end product, your job is to help others see what you can see.
The second thing you need to be a successful entrepreneur is perseverance. Perseverance is digging deep then digging deeper, it’s not quitting when things get tough, and it’s overcoming all obstacles to achieve your vision.
Perseverance is not easy, in fact, it is extremely challenging.
In Leadership Wyoming last year, I created a life mission: to gratefully and intentionally serve my family and my community. For me this can come in many forms and take on many different visions. In my life, heck, in this last year, I’ve had many opportunities to persevere to achieve this mission.
I ran for Mayor, and I lost.
I put a tax on the ballot, wanting something grand and beautiful for the community, and it lost.
And you know what? Losing sucks.
On November 10th I felt nothing short of broken. It took everything I had to get dressed and cover my puffy, tear filled eyes with make up and go downtown. I forced myself to walk into the Paramount and grab my latte, then go to work like I always did. For weeks every time someone looked at me with a sympathetic look, I cried.
Just because I am not serving my community the way I thought I should doesn’t mean I can’t fulfill my life mission of intentionally and gratefully serving my community.
I’m not weak. And neither are you. I’m in the Army and the lessons I’ve learned don’t allow for failure. You get up, dust yourself off and move on. Find another solution for your obstacle. Adapt and overcome. If you really want to be an entrepreneur, you must persevere.
Which brings me to the third item you need to be successful and the way I am choosing to persevere. You need capital. You need money. Whether it’s your own or someone else’s, you have to have it.
My husband and I are members of a group called Breakthrough 307. We are 20 Wyoming Investors who want to invest our time, talent, and treasure and help entrepreneurs like you succeed. We want to diversify and improve Wyoming’s economy by investing capital into up to ten high potential, high growth, start up companies over the next two years. Specifically we are looking for medical, tech, manufacturing, and energy companies. We want you to succeed. As a state, we need you to succeed. This year we were last in the nation for our economic state. Last. We must overcome this. Think Shark Tank only cowboy style.
If you or someone you know is interested in being considered as an entrepreneur then please reach out to us at www.breakthrough307.com.
We are also looking for connectors to help us help them. We need experts willing to assist with time and talent in marketing, accounting, legal, etc to help our entrepreneurs achieve success.
Vision, perseverance, capital...And make up. You can succeed. And maybe we can help you.