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Tuesday, March 03, 2009
Laura Hollis :: Townhall.com Columnist
Beyond "No": The Need for Entrepreneurial Thinking, Part I
by Laura Hollis
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Last week’s CPAC conference was apparently brimming with new conservative energy – and further admonitions that Republicans have to be more than just “the party of ‘NO.’”  What this constant harangue ignores is the fact that sometimes, saying ‘no,’ IS taking a position.  There are plenty of principled reasons to say ‘NO’ to the anschluss of Obama and his goosestepping goons in Congress.  And as the swelling numbers in the Santelli Tea Party Brigade demonstrate, millions of Americans would WELCOME politicians who can actually say ‘no’ to the prospect of more spending and more government encroachment on our liberty.

Even so, this ‘party of NO’ nonsense still belies a party with NO vision, NO message, and NO ability to make meaningful distinctions.

Taking the last point first, what we’re asking our conservative politicians to say depends upon who they are talking to.  If it is their Democrat colleagues in Congress, then hell yes, say ‘NO’:  NO to more spending, NO to higher taxes, NO to any restraints on political speech anywhere in any media whatsoever, NO to any laws that attempt to force medical schools, medical students or health care providers to perform abortions against their will, NO to billions of dollars being sent overseas when we are bankrupt here at home, NO to government takeover of our health care system.  Conservatives’ rallying cry should be, if Pelosi and Reid want it, we’re against it. 

But it is admittedly a different matter when the question turns to what Republicans and other conservative leaders say to the American public.  As I’ve suggested elsewhere, Republicans have lost their way because they want to talk about themselves.  For Republicans, the key to successful elections – and successful public policy – is to talk to Americans about Americans.  More specifically, to reflect and remind and inspire and uplift by talking about the attributes of Americans that have made this country so successful – attributes that everyone can understand, relate to, aspire to, and emulate

From my vantage point after nearly a decade in entrepreneurship education, the most glaring omission in the national conversation surrounding the current economic crisis is the complete failure of our political leaders to talk about the role of entrepreneurial thinking in American history. It’s not a shock that Democrats aren’t talking about it.  But it’s inexplicable that Republicans aren’t.

Oh, you get the occasional reference to “entrepreneurs and small business.” And in fact when you say the word “entrepreneur,” most people think “business.”  But that’s not what I am talking about.  There is a difference between being an entrepreneur, and thinking like one.  And in my opinion, widespread entrepreneurial thinking is exactly what the country needs.  Not only do I think that it would pull us out of the current economic malaise, I believe it is the ONLY thing that will.

Why?  What does it mean to think “entrepreneurially”?

When you study entrepreneurs of all stripes, you discover that they have a number of things in common.  Further study reveals that these same attributes, characteristics and experiences not only contribute to successful business – they make people more successful at everything they undertake.  Here’s my list of the attributes that make for successful entrepreneurs:

1.        Specific expertise – in something.  Studies have shown that upwards of 80% of ideas for new businesses come from an entrepreneur’s earlier employment.  This makes sense; the aspiring entrepreneur will know the market, the consumers, and the needs that are not being met.  This is one of the best ways to identify new opportunities.  But it is not the only way.  And this brings me to #2.

2.       The ability to see a problem as an opportunity. This, more than anything else, is the aspect of “entrepreneurial thinking” that is most transformative – and most desperately needed today.  Engineers see problems and begin devising technical solutions.  Entrepreneurs see problems and start thinking of products or services to meet those needs.  Every successful company you can think of solved a problem or met a need – from faster transportation to cleaner clothes to eradicated diseases, to larger operating systems.  Americans take it for granted that businesses think this way, but it rarely occurs to them that individuals and other organizations can – and must - think this way.

3.       An internal locus of control.  This is sometimes referred to in the literature as “self-efficacy.”  Entrepreneurs have a strong belief in their own ability to get things done.  Rather than look at a problem and say, “Somebody needs to do something,” an entrepreneur will tend to say, “What can I do to fix this?”  (When I speak to people – especially underrepresented groups – about entrepreneurship, my standard line is that, “Entrepreneurship is about empowerment, not entitlement.”  They get it.)  The good news is, self-efficacy can be learned.  In other words, entrepreneurs are made, not born.

4.       Willingness to risk creating a solution.  One of the most common misperceptions about entrepreneurs is that they are “risk-takers.”  Not exactly.  What entrepreneurs do is take calculated risks.  The willingness to create a solution (a product, a service, a company) is born of a confidence that in many cases comes from long experience (see #1, above).  That makes it seem far less risky to the entrepreneur than it might otherwise be to a complete outsider.

5.       A tolerance for failure.  This is tied with #2 as the most significant attribute of entrepreneurial thinking.  No one likes to fail.  But not only do successful entrepreneurs fail, most will tell you that they learned more from their failures than their successes.  Working as I do with engineers, I see how critical the scientific method is to successful entrepreneurship: hypothesize, test, (fail), adapt … repeat.  Failure is more than a necessary evil - - it is vital to the development of an individual, the growth of a company, and the health of a robust economy.  It is the consummate irony: a society that cannot tolerate failure, will have nothing but failure.

You are probably wondering at this point what this has to do with Republicans’ ability to craft a message that will resonate with American voters.  Bear with me.  There is a powerful message in all of this that Republicans and other conservatives can use when speaking to the American public.  And in my next column, I’ll explain what that is…

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About The Author

Laura Hirschfeld Hollis is a Clinical Professor of Business Administration at the University of Illinois.

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NO, NO, NO !!!!
Just say "NO"!! Nancy Reagan coined that phrase about drugs in the eighties. It is even more relevant today,now that the left is in charge and threaten our very existence in a free country.


Biggest Lesson
Entrepreneurs absolutely refuse to dump their responsibilities onto others to do for them. Exactly opposite of what we're going toward in this nation.

Big Daddy Loves The Disabled.
Big Daddy loves 50 million aged, blind,lame and feeble Americans. Unfortunates must be provided for and that takes trillions. Lets pray that Big Daddy continues to support and watch over the helpless.

Our Kenyan-born FDR WANNABE
Remember ...

Dumbomba was a Kenayn-born citizen of Great Britain, he was an adopted Indonesian citizen, he has a Muslim world view from his father's heritage, and was given MARXIST indoctrination at an early age in Hawaii ...

He's also pissed off at America in general and White people in particular because his father abandoned him and left him to fend for himself, and to be raised by his "typical white racist grandmother", in a WHITE WORLD ...

Because of his Kenayn heritage, where his brother lives on about $0.02 a day, he is comfortable with other people lving in poverty, although he excludes himself from that fate because he thinks he is special ...

Therefore in his mind if YOU have a hut, a skinny chicken, and a pair of sandals ...

YOU ARE RICH!

All you need to know about B-Hussein-O is contained in this quote from Karl Marx - Obama's idol:

“Owners of capital will stimulate the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalized, and the State will have to take the road which will eventually lead to communism.”
— Karl Marx, 1867, Das Kapital


ARE YOU SORRY YET THAT YOU GAVE THE REIGNS OF POWER TO A MARXIST-PIG?

Step one of the Plan of Obama
"The Obama budget claims to cut the deficit in half by 2012, but relies on audaciously optimistic economic forecasts that no one believes in. Adding the 'stimulus' bill to a realistic budget baseline yields a projected 2010-2017 cumulative budget deficit of $8.4 trillion – 2.5 times the size of President Bush’s deficits over the same eight-year period." - The Heritage Foundation

USPatriot56
You are exactly right. Unfortunately, many of the people who voted for this as*hole can't read what you wrote. It is the literate people who voted for him who should be ashamed of themselves.

In addition
to what Ms Hollis stipulates here, I encourage you to encorporate the Nine principles and 12 values of Americans. These are neither Democrat or Republican but American! Go to Glenn Beck dot com and join the other Americans there. We have more in common with each other than you may realize. If you believe in just 7 of the 9 principles and more than half of the values then you should join us. The government works FOR US and not the other way around!!
IN GOD WE TRUST!

STAND UP!
The Republican party leadership needs to look deep down inside their lacy silk panties and see if they can find enough manhood to stand up to these communists. Saying “NO!” to socialism and communism is what “We the People” expect from our leadership; not let’s work with them and hope to minimize the total destruction of America.
STAND UP AND POUND THESE COMMIE BASTARDS INTO THE GROUND!

GENUINE Obama personal wealth kit

This Obama plan for personal wealth and financial recovery, is NOT a facsimile, or a scaled down version of the Barack Obama 'Stimulus and Recovery for America' plan - this 'Kit' is absolutely the 'Real Obama Plan'.

It Stimulates! It Enervates! It Lifts and Separates!

It Lubricates! It Percolates! It Cleans and Penetrates!

1) Charge all of your credit cards to the maximum.

2) Apply for more credit cards and charge them to the maximum.

3) Mortgage everything you own to the maximum that you can.

4) Buy everything you can that you DO NOT NEED.

5) Invest money in the 'Worst' businesses you can find, especially those that have a history of mis-management.

6) Whatever cash is left, give it to the most human failures you can find.

7) Quit your job.

Don’t confuse GENUINE OBAMA 'Wealth Kit' with other quack financial plans! Only GENUINE OBAMA 'Wealth Kit' has the miracle ingredient 'Obamunism'.

It Masticates! It Ruminates! It Rinses and Expectorates!

And it can be all yours FREE'.

Start Today!!!!!!
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