|
I've never been much for baseball. But I can't resist tuning in for a
few innings here and there this time of year. The baseball playoffs are exciting and fun, and you
have to admire how well these talented athletes play the game. They make it look so easy even though,
as one who has been mostly unsuccessful at my feeble attempts to play the game, I know it's not.
That reminds me of the entrepreneurial game. Many think hitting business
home runs is easy - get a great idea, and then it's a cakewalk to home base. But the fact is, getting
into the entrepreneurial hall of fame is tough - maybe as tough as getting into the baseball hall of fame.
When it comes right down to it, conceiving a business idea is the easiest
aspect of scoring entrepreneurially. A good idea gets you in the game and perhaps even up to bat. But
hitting the ball consistently enough to win the game requires the unique skills, concentration and effort
Barry Bonds and other great athletes talk about.
In order to get to first base in the entrepreneurial game, you need a management
team with some core competencies. While one can have a hit as a team of one, studies show there is greater
strength in launching new businesses when several like-minded individuals buy into an idea and work together
to turn it into a world-class, money-making enterprise. As in baseball, the best entrepreneurial teams consist
of persons who bring different-but-complementary talents to the ball park, and who use those talents in working
together toward a common goal of success.
Getting to second base is another issue. While some ball players manage to steal
the base on their own, most of the time you're not going to get there without carefully following your strategic
plan. If the coach calls for the hit-and-run, it isn't going to work if everyone isn't on the same page. The same
is true for entrepreneurs. You've got to pay attention to your business plan and your short- and long-term
strategies. If everyone in the organization isn't on the same page with regard to fundamental decisions, your
business will soon be out of the game.
|