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Entrepreneurship improves the standard of living | MyPR.co.za

29 September 2020 by Alan

MyPR: Entrepreneurship improves the standard of living:

Every person who goes into business does so for various reasons and manages their company in a way they deem fit. But ultimately entrepreneurship is about creating jobs and improving society’s standard of living and while there may be ample ways of getting there, successful entrepreneurs have basic underlying traits that make them and their businesses fruitful, says serial entrepreneur and business coach, Arnoux Maré.

Maré has received a series of accolades for his business pursuits and recently launched Africa’s largest training centre, Innovative Learning Solutions during the height of the pandemic. His other business endevour, Innovative Staffing Solutions employs over 20,000 permanent staff.

Maré, who has recently ventured into business coaching, gives 7 key leadership behaviours entrepreneurs must have.

Laying a foundation

Every exceptional building begins with a solid foundation. Laying your foundation means knowing and understanding the goals and purposes for your business. Successful entrepreneurs acknowledge their foundation and from it, build ethics and other behaviours that will define their business. But having a solid foundation also pertains to a person’s character, without resilience and persistence neither you nor the business can survive the many tribulations that come with starting and operating a business.

Shedding the dead weight

Before becoming a successful entrepreneur, you must recognise and shed any weight that slows down your progress. Laziness and procrastination are examples of habitual practices that delay the process and progress of your business. Shedding the dead weight is a form of introspection and with that, it opens a door for a personal Strength Weaknesses Opportunities and Threats (SWOT) analysis. As an entrepreneur, you need to know what your strengths are, how you can better improve them and be comfortable with outsourcing your weaknesses.

Lift as you rise

When you enter the space of being an entrepreneur, despite whatever motivated you to start, and you wish to incorporate longevity into your empire, you must be willing to help others grow and achieve as well. This could be working alongside the companies in your supply chain or providing students who are studying towards your area of business with on the job experience. This approach of lifting as you rise also applies to your teams, as a leader you must be willing to invest in the growth of your employees because when they feel valued, employees go the extra mile.

Innovate as if your life depends on it

Often entrepreneurs are compared to sharks, not because of a predatorial trait some entrepreneurs exhibit, but because when a shark stops moving it drowns. As an entrepreneur you must constantly find new ways of doing things because the minute you stop innovating, you stop being in the game. This is a mindset shift many businesses fail to adhere to and because of that, they never grow beyond their initial offering until either the environment forces them to adapt or they become obsolete.

Reward achievement

It is basic psychology that when someone does something that you approve of, and they get rewarded for that good behaviour, they will continue to display this behaviour in the future with the hope of receiving another award. This approach also inspires the rest of the team and sets a precedent for them to follow in. Rewards do not always need to be monetary; they can be something as simple as offering that celebrated employee a half-day off or coffee and a muffin. The best leaders make a habit of acknowledging people who positively contribute to the company.

Cultivate an inspiring vision
You started your company because of a vision or a goal, but without the buy-in of your team, that vision will remain elusive. Great leaders know to rally their employees behind the organisation’s goals so that everyone is working in sync to achieve those goals. To attain this, equip your employees with enough knowledge and support so that they can pursue their organisational goals with as little supervision as possible. One of the joys of being a leader is the opportunity to motivate and inspire people to do their best work and pursue projects and goals that enable them to grow.

“Leaders inspire others to act by creating a strong shared sense of organisational purpose. Entrepreneurs understand the value their teams offer and work to incorporate these various strengths to achieve the company’s goals,” concludes Maré.
Ends

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Category: MyPRTag: Entrepreneurship, improves, Living, MyPR.co.za, standard

About Alan

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Museum Africa: Art Collection

The museum’s collection is staggering, housing approximately 850,000 objects that range from the prehistoric to the contemporary. It is one of the few institutions that attempts to tell the story of Southern Africa from the Stone Age to the nuclear age. The “Johannesburg Transformations” exhibition is the museum’s centerpiece, dragging the visitor through the chaotic evolution of the city. It doesn’t shy away from the grime; it features detailed reconstructions of “shack life,” the illegal “shebeens” (speakeasies) of the 1950s, and the vibrant but overcrowded “backyard rooms” that defined the black urban experience during Apartheid. One of its most sobering permanent displays is the “Tried for Treason” exhibit, which meticulously documents the 1956 Treason Trial. Visitors can see the portraits of all 156 accused—including Nelson Mandela, Walter Sisulu, and Albertina Sisulu—and read the “little red books” placed beneath each photo, where the public is invited to write their own reflections and facts about these liberation icons.

Deep within the museum’s labyrinthine halls, you’ll find specialized branches that are world-class in their own right. The Bensusan Museum of Photography sits on the top floor, acting as a shrine to the visual history of the continent. It contains everything from rare 19th-century daguerreotypes to the legendary photojournalism of the Drum magazine era. Meanwhile, the Geology Museum houses over 17,000 specimens, including a definitive collection of the rocks and minerals that made Johannesburg possible. It is a place where you can see the actual gold-bearing conglomerate reefs of the Witwatersrand up close, stripped of their commercial value and presented as scientific wonders.

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