An Inside Look into Entrepreneurship: Interview with an Entrepreneur
I had the privilege of interviewing a young yet successful entrepreneur. He was gracious enough to tell me about his background and business and to share some insights into the ever-changing profession of being an entrepreneur.
He graduated from Brigham Young University with a degree in business management, having also studied entrepreneurship and communications. He said he has always loved entrepreneurship. Throughout his life, he has dabbled in a variety of small time ventures and some real estate on the side. But to date, his most successful business experience has been with his start-up of a specialized computer company–a restorer and retailer of laptops purchased directly from leasing companies.
He started the company a few months before he received his undergraduate degree. He actually crafted the business plan for a similar company in one of his entrepreneurship classes and decided to go ahead and give the business idea a try in the real world. The company was soon incorporated and kept under his management and ownership for a little over four years.
He was then approached by a business broker asking to list the company for sale. About eighth months after its listing, a good buyer was located and the deal was closed. He was ready for a change and happy to see the ownership trade hands. Since the sale, he has begun working on a variety of new ventures.
The Interview and Take-a-Ways
Getting to interact with this successful entrepreneur was an enjoyable experience and a great opportunity to learn from someone who sat in my chair at BYU not so long ago. He is a great example of what a management program can do to empower and enable individuals to go after their entrepreneurial dreams. He has a great future ahead of him and will be successful in whatever he puts his mind to.
I appreciated all of his responses, but I was intrigued by a few answers in particular. After asking him if he had any regrets about his computer company experience, he talked about how if he could do it all over, he probably would have tried to grow the company bigger faster. He sees the drawbacks of having to put in more hours and having less freedom but also sees the advantages of, in turn, being able to maybe have sold the company sooner. I found this perspective very fascinating.
I also asked him some general questions about entrepreneurship and what-in his opinion-it takes to be successful. He feels that entrepreneurship takes a lot of self-discipline and drive as well as a high tolerance for uncertainty. I think his boldness and make-it-work attitude have enabled him to experience entrepreneurial success first-hand.
He was very encouraging in his interview. His enthusiasm for business is completely contagious. We ended the interview by talking about what the best thing about entrepreneurship is. He summed it up in a sentence, “You can make or break your own destiny.” He explained that through the start-up of a small business, individuals are able to quickly learn all of their strengths and weaknesses and able to, consequently, improve on what’s lacking. He has definitely turned his weaknesses into strengths through his hard-work, motivation, and personal character. It was a pleasure to interview him, learn form him, and come to a better understanding of what real entrepreneurship truly is.