When Randy Nelson was in the Navy, he had to pass a series of exams before he was allowed to lead a team of submarines. He was qualified to be a leader. But he says the scariest thing about entrepreneurship is that there really isn't a qualification. You just file the documents and get started. As a founding member of the Raleigh-Durham, NC chapter of the Entrepreneurs Organization, Nelson has seen unprepared entrepreneurs lead some of the nearly 70% of businesses that fail in the first 10 years. . Today, the author, speaker, business coach, and founder of Gold Dolphins LLC, a Clayton, NC-based coaching, mentoring, and consulting firm, is committed to creating business leaders. business.
“Entrepreneurship alone is not enough. Leadership alone is not enough. Both combos are powerful and more than capable of overturning the failure rate in the entrepreneurial community. Every company would benefit from having a greater capacity for entrepreneurship and leadership in its organization. »
Related: 16 things you can learn from Dave Ramsey about life and leadership
This article originally appeared in the June 2017 issue of SUCCESS magazine.
