Entrepreneurship Lessons for Success (Collection)

Part IV: Take the Next Step

The next principle of the HUNT is "Take the next step." It's essentially the same whether you work for someone else or have your own business. The main difference when you work for someone else is that your steps are usually incremental and smaller than when you start your own business. Each step is less risk and less reward. With small business owners, one big step can mean the difference between poverty and landing on the cover of Forbes. When you ascend within an organization, the odds are on your side; you aren't risking your life savings when you undertake a new direction—but you're not gambling on launching the next Microsoft, either.

Even if you incorporate the entrepreneurial mindset at a large corporation, ...