{"id":225843,"date":"2021-09-30T06:33:12","date_gmt":"2021-09-30T12:33:12","guid":{"rendered":"http:\/\/corevalues.com\/?p=225843"},"modified":"2021-09-30T06:33:12","modified_gmt":"2021-09-30T12:33:12","slug":"want-to-see-business-growth-in-the-organization-tap-the-entrepreneurial-mindset","status":"publish","type":"post","link":"https:\/\/corevalues.com\/dev\/2021\/09\/30\/want-to-see-business-growth-in-the-organization-tap-the-entrepreneurial-mindset\/","title":{"rendered":"Want to See Business Growth in the Organization? Tap the Entrepreneurial Mindset"},"content":{"rendered":"

\"\"<\/a>Want to see positive change in your organization? Consider how you tap into your employee’s entrepreneurial\u00a0 or gig mindset.<\/p>\n

How?<\/p>\n

You\u2019ve heard or read about \u201cthat\u201d brave soul who took a leap of faith, quit his job, and started his own thriving business. Or that digital nomad who ditched her demanding job for a relaxed lifestyle in Bali, Indonesia, and now earns twice what she used to in the corporate world.<\/p>\n

People like them are showpieces for the entrepreneurial or gig mindset. They\u2019re the heroes of the weary 9-to-5ers who yearn for autonomy and the opportunity to earn huge.\u00a0 We love their stories because we worship that kind of mindset shift.\u00a0 (And we secretly fantasize ourselves in their shoes!)<\/p>\n

The entrepreneurial mindset and being your own boss isn’t easy<\/h3>\n

Swinging from employee to being your own boss is a huge undertaking.\u00a0 First, you accept that you now won\u2019t be able to get away with anything.\u00a0 Coasting along (as you would with a regular job) won\u2019t cut it when you\u2019re a freelancer running your own business.\u00a0 You have the world on your shoulders from Day 1.\u00a0\u00a0 And it may seem terrifying at first, but the control you have is liberating.\u00a0 True, failure can be disastrous. But the opposite can be exhilarating!<\/p>\n

The gig mindset takes more than just being responsible.\u00a0 When you\u2019re on your own, you have to be determined.\u00a0 You\u2019ve got to have the grit to stay for the long term.\u00a0 And because you got skin in the game, failure isn\u2019t exactly an option.<\/p>\n

Wouldn\u2019t it be nice to have an entrepreneur as an employee?<\/h3>\n

Technically speaking, entrepreneurs are individuals who start their own business (or several businesses) with their own money.\u00a0 As such, they take a huge financial risk.\u00a0 Examples of entrepreneurs range from the likes of Bill Gates, Steve Jobs, and Mark Zuckerberg, to your neighborhood fishmonger, the hole-in-the-wall coffee shop barista, or home-based cupcake baker.<\/p>\n

The type of business doesn\u2019t matter.\u00a0 It could be a small business, large company, scalable startup, or social entrepreneurship.\u00a0 What all successful entrepreneurs have in common is a passion for what they do, confidence, loads of business sense, a strong drive to learn, and the stamina to do all the extras (the extra mile, the extra service, the extra customer care, and the like).<\/p>\n

MaMa’s mindset<\/h3>\n

The entrepreneurial mindset is a great mindset to have.\u00a0 If the world was perfect, the ideal employee would be an employee-slash-entrepreneur hybrid. Let me give you an example of this.<\/p>\n

MaMa’s Fish House is an upscale restaurant on the island of Maui in Hawaii.\u00a0 The owners give employees retirement pay, health benefits and the opportunity to start their own businesses to augment their work in the service industry. Turnover is very low.\u00a0 These are seasoned service experts who love surfing during the day and waiting tables at night.<\/p>\n

One employee, Leslie, started her work at MaMa’s by taking customers to their tables. She advanced to hostess service and then moved to the accounting department. The owners recognized her organizational ability and numbers acumen.\u00a0 Then she started wearing really pretty flowers in her hair to work. She had a new flower every day. The owners loved this and discovered that gardening was her secret passion.\u00a0 So, they spotted her money to buy enough blooming plants to provide flowers for all the service employees year around. Then the company purchased the flowers from her. Their small investment in perennial blooming plants reaped real rewards. Over the years they have acquired fragile and fresh blooms wholesale with restaurant delivery.<\/p>\n

So the owners spotted her the cash and worked with her on the pricing. She now grows flowers for other companies, too.<\/p>\n

But her passion and green thumb got tapped again. Now she is in charge of all the gardens on the property with a staff of heavy lifters to move what she wants moved around.<\/p>\n

She could not be happier. The owners could not be happier.\u00a0 Her co-workers could not be happier because others have their side businesses, too. It’s encouraged. Everything is transparent and on the table with employees thinking of constant ways to make MaMa’s more successful.<\/p>\n

The Gig Mindset<\/h4>\n

An often-discussed buzzword, the gig mindset is a metaphor that refers to the new breed of employee \u2013 someone who combines an entrepreneurial mindset while behaving like an employee.<\/p>\n

Many describe those with a gig mindset as someone undisciplined.\u00a0 They disrespect tradition and at times, lack respect for the hierarchy.\u00a0 That couldn\u2019t be good, right?<\/p>\n

But then, it probably IS an advantage.\u00a0 While they are viewed as deviants who would always go against the grain, they are often the ones who can find creative solutions to complex problems or new innovation.\u00a0 Ideally, you want an employee who, despite being salaried, approach their work with the mentality of a freelancer or entrepreneur.\u00a0 They are neither defined by roles, hierarchy, nor established procedures.<\/p>\n

How to make the entrepreneurial mindset work for you<\/h3>\n

If you\u2019re thinking, this isn\u2019t possible or sustainable, think again.\u00a0 Many organizations have encouraged this way of thinking and are now reaping the benefits.\u00a0 How?\u00a0 Here\u2019s what they did:<\/p>\n