Three Roles of the Entrepreneur

Yesterday I was watching Shark Tank and Daniel Lubetzky, the founder of Kind Bars, was a guest shark. In one of the discussions, he shared something very insightful. He said there are three roles of an entrepreneur. The first is the Creative. First, entrepreneurs need to create their product or service. They brainstorm and determine how to solve problems. The second role is Critic. I think many entrepreneurs miss this phase. They need to be the biggest critic to their plan. Play devil’s advocate. Try to poke holes in it in order to create the best product/service/plan. The third role is Crusader. Once you have a solid approach, your role changes to crusader. You become the most devoted, passionate crusader of your cause and that is what creates momentum and a movement. I’m a big believer that in order to be successful in today’s world we need to think like
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Today’s Leaders Need An Entrepreneurial Mindset

According to Financial Times an Entrepreneurial mindset refers to a specific state of mind, which orientates human conduct towards entrepreneurial activities and outcomes. Individuals with entrepreneurial mindsets are often drawn to opportunities, innovation and value creation. I recently spoke at an association conference for Food Service Leaders. The CEO of a major food company introduced me and when I finished my speech and came back stage he was there waiting for me. He thanked me for my speech and said, “I wish that my leaders would think the way you think.” I asked, “What do you mean,” and he said, “You are an entrepreneur, so you think like an entrepreneur. You take an owner’s mentality and see the big picture. Leaders need to think like entrepreneurs if they want to be successful in today’s market.” I have thought a lot about what he had to say and he is right.
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3 Pieces of Advice Every Entrepreneur Needs To Hear

What’s the best advice you have been given as an entrepreneur? I started two businesses in High School that each did well over $100,000 in revenue. Then when I was 21 my brother Scott and I started a business in direct sales, which we built to over $20 Million in annual sales while still in our twenties. It was in the process of building our business that I received three pieces of advice that were transformational for me. I think they are three pieces of advice every entrepreneur needs to hear.   Advice #1 – Treat Your Business Like A Business – Not A Hobby In the beginning stages of our business my brother and I had a mentor named Lon Wardrop. Lon is a successful entrepreneur who used to tell us – “If you treat your business casually – you will become a casualty.” In the beginning we were
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