a person who sets up a business or businesses, taking on financial risks in the hope of profit.”
The above definition succinctly encapsulates the meaning of the word. However, what it hides is the fact that an entrepreneur is the lifeline of any and every national economy, without who the well-oiled business machinery of all countries – whether the United States of America or Somalia – will come to a grinding halt.
While pages and pages have been written about how to be an effective entrepreneur and accolades have been showered upon the famous ones, there is precious little mentioned about the hard graft that one has to go through and the unexpected and unanticipated challenges that come the way of an enterprising person hoping to be successful businessman starting as a lone ranger and fighting against all obstacles to building an organization and a legacy.
As an entrepreneur begins his journey, he can be besieged by a plethora of tasks that burden him and sap the spirit and fun of what had enthused his creativity to start an enterprise and see it fructify into a successful venture. The seemingly mundane issues pile up and then start blocking the entrepreneur’s vision and leave him distracted and disenchanted with the entrepreneurial journey. This is where more than half the startups fail, not because anything was wrong with the product or the plan, but because of the sheer magnitude of the “other issues” that overwhelm an entrepreneur.
That is then the time for the entrepreneur to look beyond his immediate means and seek professional advice, be it for starting with the right legal structure, to having the correct processes in place to being able to hire competent talent to see his dreams turn into reality. This is where the entrepreneur is not alone. He has as his support other similar professionals who can help break down the various challenges he faces into tangible tasks and collaborate together within their core competencies and although invisible to each other, form a team to become the engine that turns a dream into a reality and keeps the world going round.
We at the 3 S Group have been at the forefront of fostering, encouraging, and supporting entrepreneurship. Having helped more than 4500 entrepreneurs make their dreams into a reality we know what it takes to set you up on the right path to success.
So while an entrepreneur is a lone ranger, with the 3 S Group, he is never alone!