365QOD-Day349

"... I came across it in the book Breakthrough Entrepreneurship (which I highly recommend) by entrepreneur and teacher Jon Burgstone and writer Bill Murphy, Jr. Of Stevenson’s definition, Burgstone says, “people often need to say it out loud 50 or 100 times before they really understand what it means.” Here it is:

Entrepreneurship is the pursuit of opportunity without regard to resources currently controlled.

"-Howard Stevenson.


So how does one pursue the opportunity without regard?


"Burgstone puts it:

Every time you want to make any important decision, there are two possible courses of action. You can look at the array of choices that present themselves, pick the best available option and try to make it fit. Or, you can do what the true entrepreneur does: Figure out the best conceivable option and then make it available."

As human beings we always want to make the best choice.  Notice that Burgstone advises to conceive and then make available NOT pick the best option and make it fit.   In other words see the end(the best conceivable option) and the steps in between the start and the end in order to make it available.

Making the "best" available option fit does not make it the optimal solution.  

Today's question is:
"Are you working towards the best available or are you conceiving the optimal solution?"

The article can be found at:
 http://www.inc.com/eric-schurenberg/the-best-definition-of-entepreneurship.html