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Opportunity compounds

I used to think the definition of an entrepreneur was someone who could make money every day and see opportunities to make money every day, but I don't think that's true anymore.

There was also a definition that said that an entrepreneur was someone who could build a business so good that they could leave it for six months and come back, and it was better.

I still don't believe that either.

I think the definition of an entrepreneur is someone who understands that opportunity compounds.

If you create an opportunity today, you might not harvest it till later, but if you turn up tomorrow and create another one and the same the day after that and the same the day after that, then all of a sudden, three or four arrive in one day while you're still creating another one for that day.

The scale of those opportunities and their impact usually gets greater and greater, at least amongst enough of them to make an enormous difference.

If you have the stamina and the resilience to continue to do that for years and years, then the value of what you create becomes greater and greater and greater.

Having the initiative and agility to play that game for the long term marks out the best entrepreneurs I have ever met.

By Colin Campbell on 28/05/2023, 18:00