Self Discovery in Entrepreneurship

Self Discovery as an Entrepreneur

• Self discovery involves taking a long, hard look at yourself and your business to better understand what you already have, to help you get to where you want to go, and what else you need.
• It involves having a plan of action, the right people, and the right tools.

The Art of Self Discovery for Entrepreneurs

• Understanding where you are now is key to getting to where you want to go.
• Knowing where you are today may or may not change where you would like to see yourself in the future, but it can impact and influence the path you take to achieve your goals.
• Self discovery process assists you in understanding what is working in your favor and what is not.

Key Questions to Ask

• What is your unique value proposition?
• How do you want to be positioned in the market place?
• Are you honest about what your product or your company really has to offer?
• How ready you are to face competition?
• Are your customers happy?
• Have you talked to them?
• Do you know what they are getting from your competitors?

The Concept of Business Therapy

• The art of self discovery is also known as business therapy.
• Business therapy involves having an outside consultant or coach or some trusted advisor who can offer unbiased outside perspective, pull from relevant experience, and has no vested interest in your business.

Importance of Self Discovery

• Self discovery digs deep into your mindset and builds the foundation of your success.
• Self discovery connects to your happiness, contentment, and most importantly, strength to face all adversity.

The 4 Processes of Discovering the Self

• Self Actualization
• Self Discovery
• Self Mastery
• Self Development

Segments of Self Discovery

Self Awareness

• Self awareness is having an insightful understanding of our personality, values, tendencies, and beliefs.
• It is the process of analyzing our thoughts, beliefs, tendencies, and emotions to help us to determine our values and principles.
• Acting on this knowledge allows us to reach our fullest potential and to become fulfilled and self-actualized.

Interest Awareness

• Unlike many of the elements of self awareness, where you explore traits and tendencies that remain mostly constant throughout your life, your interests often change as you grow and experience life.
• It is important to identify what interests you because by knowing what you enjoy, you can do more of these activities.

Hopes and Dreams

• As your interests are in the here and now, your hopes and dreams are for the future.
• They give you direction and motivation to achieve your goals.