How to cultivate an entrepreneurial spirit in your team

What is entrepreneurial spirit?

  • Problem solving. Whether it’s to come up with a product people want, or to overcome an obstacle in the path to success, entrepreneurial spirit relies on problem solving, and a default to solutions in whatever happens.
  • Decisiveness. Entrepreneurial spirit implies the need for confident decision-making, because that’s the only way to move the needle forward. If a person is constantly second-guessing, or waiting for approval, nothing gets done. In the best case scenario, things get done, but slowly, which is not a fruitful practice for any business.
  • Taking responsibility. A person with entrepreneurial spirit doesn’t shy away from responsibility. When they do something good, they’re proud but humble. When they mess up, they accept the consequences and find ways to solve the problem.
  • Constantly evolving. Entrepreneurs understand that they’ll never be perfect, or understand everything flawlessly. Entrepreneurial spirit lets you get over your pride and be open to learning new skills or information.

The benefits of entrepreneurial spirit in your team

The power of example

Be clear about what you want

Reward entrepreneurial spirit

Final thoughts…

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Philip Keezer

Philip Keezer

46 Followers

I’m Philip J. Keezer, president and founder of management consulting firm Grindstone Capital. Dedicated to hard work, learning, positivity and accountability.