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The Importance of your Entrepreneurial Narrative

The Importance of your Entrepreneurial Narrative

Released Friday, 15th October 2021
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The Importance of your Entrepreneurial Narrative

The Importance of your Entrepreneurial Narrative

The Importance of your Entrepreneurial Narrative

The Importance of your Entrepreneurial Narrative

Friday, 15th October 2021
Good episode? Give it some love!
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Everyone talks to themselves. It’s a habit that many just can’t control, whether this self-talk is negative, positive, happy, sad or depressing. It feels like a relentless stream but it’s just a reflection of our interpretation of events.

If we interpret events in our lives to be highly related to things outside of our control (external locus of control), then we are more likely to have negative self-talk and ultimately to be unhappy. This is the person who blames their parents, children, community, society, pet dog or the illuminati for the struggles and suffering in their life.

They tend to believe they are powerless and helpless in the face of life. The entrepreneurs who appear with this issue tend to blame their employees, the market and list reasons outside of their control for the reason they are unable to find success.

Individuals with an internal locus of control believe they are in control of their destiny and have a tendency to focus on what they can control disregarding the rest or trying to tackle what they cannot control in a methodical and objective manner.

These individuals realise that their daily actions and habits pre-determine their fate far more than the political leaning of a government or the perils of growing up in a repressive household. It’s realising that we can look after our health, our finances and our relationships to create a positive well-balanced life through daily actions that are within our reach.

When performing research on how entrepreneurial narratives influence an entrepreneur’s journey; I learned that some of these individuals were school yard entrepreneurs determining their financial wellbeing at a young age through minor enterprises which had no real significance to anyone’s trajectory but their own. It shows initiative, proactive thinking and drive within someone who has yet to fully understand society or its complexity.

Entrepreneurship itself is defined by an individual who participates in the creation of social, cultural or commercial value. These individuals are in essence creating something from nothing financially (nothing being their idea).

They mould together pre-existing technologies, concepts, models and experiences in unique and valuable ways that lead to a return on their human investment. This requires a degree of self-belief and too a point of almost delusion too walk away from mainstream thought around education, work and finding meaningful careers.

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