How Entrepreneurship Brings Hope for Our Future
A key ingredient for paving the path for a better future is hope. Entrepreneurship can be an allegory of hope because it requires long-term vision, opportunism, and optimism. Embarking on the journey of being an entrepreneur doesn’t just mean having a general positive view of the future, but also possessing the ability to make that future a reality. The narrative around entrepreneurship tends to lean towards its successes and how it can bring economic prosperity, but not how entrepreneurial endeavours often bring a silver lining in the grander scheme of things. With the world put on somewhat of a hiatus, here are some of the following ways entrepreneurship can spark hope for future generations to come.
Entrepreneurship encourages you to imagine new futures
Entrepreneurship is about solving problems in real-time. That means adapting to unexpected situations at hand and thinking carefully about how to circumvent or take action towards those difficulties. This means that entrepreneurship allows you to be opportunistic- often you are solving something that doesn’t have an answer yet. You are placing stepping stones into unchartered waters, leading people to cross an eventual bridge. As an entrepreneur, while it may seem like you are moving forward with a blindfold on, on the flip side, you have the liberty to mold and imagine new futures to your advantage. Imagining new futures not only requires a leap of faith from the get-go but inspires hope in others who find it hard to see a way out.
Entrepreneurship challenges things that are set in stone
A gap in the market or a question left unanswered that one identifies indicates that existing systems or tools are inadequate or inefficient. Entrepreneurship encourages you to shift conventional wisdom away from the norm and reassess with a sharp eye things we take at face value and for granted. While entrepreneurial solutions are always glorified as ‘changing the status quo and the start of major transformational changes in our behaviour, it should be remembered that it all starts from being observant, and attentive to needs around you. Identifying pain points for the consumer or citizen while recognising how it can produce a ripple effect and impact wider society is how monumental shifts are made.
Entrepreneurship has the power to lift others up around you
Putting yourself into the shoes of others to think of ways to fix an issue means you are making the lives of others easier in some way or another, no matter how big or small your idea is. Putting your heads together to identify what your community needs can create a social impact that can kickstart a positive chain of effects such as fulfilling socio-economic disparities — alleviating burdens that paves way for more people to have more input for fruitful innovations and changes.
Creativity open doors to opportunity
The fruits of entrepreneurship are often not contained in isolation. As the saying goes, one spark starts a fire, one idea can lead to the next and open doors to collaborators that can snowball your idea into a greater one. Creativity is a form of expression, and expression from diverse sources can provide multifaceted perspectives that can bring something new to your idea to allow it to flourish further. Creativity is also all about exploration, it’s about looking at something at all angles. Having more eyes to do so not only pieces the disparate pieces of the puzzle together but also ties people together and forms something that wasn’t there to begin with.
Entrepreneurship sparks hope within
While the focus of entrepreneurship appears to be a grander mission, entrepreneurship can also benefit the individual. Entrepreneurship can be a source of personal development, growth, and well-being. Because of its ever-changing nature where not a single day is the same, you’re intellectually stimulated on the daily. Unlike other more traditional careers, entrepreneurs attain a level of flexibility and control that allows them to derive more meaning through self-directed tasks.
While economic prospects may appear dull and businesses have had a blow with the pandemic, it is also important to remember that great ideas can rise from the ashes. Entrepreneurial thinking can encourage an optimistic outlook and stir hope in younger generations to take ownership of their own futures. Learn more about how you can be involved in paving the way of our hopeful future through entrepreneurship on https://foundation.hkcocoon.org/
