As an Entrepreneur I come up with new ideas and start businesses based on them. They forgo the security of a salaried job to take on their own endeavor, assuming all the risk in hopes of great rewards. A serial entrepreneur takes on this challenge repeatedly. Once a business is established, I delegate the responsibility of running its operations and move on to other ventures. I have even sold earlier businesses. Serial entrepreneurs often experience windfall gains when their companies are sold at high premiums or continue to generate profits without much effort on their part.As an entrepreneur you must have a passion for what you are doing. Networking is essential. The motivations for becoming an entrepreneur are diverse and can include the potential for financial reward, the pursuit of personal values and interest, and the interest in Social change. Here are some of the questions that will be asked:
How did you get started?
I started in a home-based business during daycare so I can be at home with my children and provide a nurturing environment for other children.
What was the motivating factor in being an Entrepreneur?
It is that I can provide a nurturing and healthy environment for other parents that must go outside the home for work and help my own family progress.
What do you enjoy most about what you do?
I enjoy helping others excel and discover their full potential. I enjoy helping people to develop their skills. I also love helping others to discover differences besides the global.
As a Black Businesswoman what are your challenges in today’s society?
Getting people to separate my business from race. Also getting people to match my profession with my race. While everything was well on the business there were racial undertones because of my race. When it came to the Daycare Center aspect of my profession. My professionalism was received well. Until it came to racial undertones.
As an Entrepreneur, what outreach programs are you a part of in your community?
I went abroad in my community and developed a non-for-profit organization to minister to the needs in my community. Where My organization provided food pantry, household items, mentoring, counseling, essential items, lawn and garden items, appliances, furniture, clothing, financial gifts and or blessings.
Do you still enjoy your family life?
I Absolutely enjoy the rest after working hard. I enjoy family vacations as well as dreamcation. I especially love seeing my children unwine and learn as we explore dreamcation here and abroad.
How does your family impact your Businesses?
I really enjoy the different aspects of learning that my family obtains as a result of the different venues and the first hands on experiences that they obtain through giving and volunteering.
Do you Mentor?
Yes, I mentor teen parents, Business owners, adult professionals, training programs, credit counseling, business corporate credit, travel excursions and health and nutrition.
If so what types of people do you prefer to have as your mentees?
People who are Teachable, Trainable and coachable.
The Bottom Line
Entrepreneurial ventures can offer huge financial gains, but require dedication, time, energy, the vision to succeed and the courage to fail. Serial entrepreneurs work their way from one business to another, not merely sitting back and reaping the rewards of their past successes, but banking on their experience to start new ventures. Many of them have established themselves in a diversified set of businesses, and their successes, as well as their failures, provide important lessons for aspiring entrepreneurs.