It’s summer in Canada. It’s beautiful outside and there are lots of ways we could be spending our time and energy. A recent conversation with a seasoned entrepreneur got us wondering about how energy affects our businesses.
Energy for the business is the vehicle for the creativity that drives the entrepreneur.
A few weeks back I had the good fortune of spending a weekend in the Okanagan. The task at hand was to taste as many of the fabulous wines as possible. One afternoon I found myself at Road 13 Vineyards. The gregarious owner popped by to say hello and to pour us a few tastings. At the same time, we talked entrepreneurship.
For Road 13 owner, Mick Luckhurst, the wine business is not his first entrepreneurial venture. He’s spent years in other varying businesses. Naturally, he's learned a few things along the way. According to Mick, many things are important for an entrepreneur: good luck, hard work, and timing – the usual suspects. But he believes that the differentiating factor is an entrepreneur’s energy for the business. He talked of early morning flights, long days and working around the clock – all with a grin on his face. Since he loves what he does, the energy seems to be in good supply.
Recently a client wondered aloud if she ought to be reading more novels or watching more TV, rather than working on her business all of the time. When we asked if she believed that working rather than playing was affecting her happiness, she admitted it was not. Our diagnosis: a case of entrepreneurship. Entrepreneurs devote their considerable energy toward their businesses. Often there’s little else they'd like to be doing. Energy for the business is the vehicle for the creativity that drives the entrepreneur.
This begs the question: What's your energy like for your business? Has it waned over time? If you aren't feeling the love for your venture, it's definitely time to take a look at why that is. Do you need some change or a new perspective? Paying attention to your entrepreneurial energy is good for business. Finding ways to feed and sustain it is going to mean good things for the bottom line.