Story of Columbus- Entrepreneurial Mindset

Columbus was once invited to a banquet, where he was assigned the most honorable place at the table. A shallow courtier who was meanly jealous of him asked abruptly: “Had you not discovered Indies, are there not other men in Spain who could have been capable of that enterprise? Columbus made no reply but took an egg and invited the company to make it stand on one end. They all attempted, but in vain; whereupon he tapped it on the table, denting one end, and left it standing. “We all could have done it that way!” the courtier accused. “Yes, if you had only known how,” retorted Columbus.” And once I showed you the way to the new world, nothing was easier than to follow it.” Learning from the story 1. People remember and cherish the First Movers in any Market. 2. It takes entrepreneurial mindset to do something new for the first time. Entrepreneurs find new markets for themselves. Business Owners mindset is to follow them. 3. Entrepreneurs create opportunities for themselves and others, Business Owners try to thrive on existing opportunities and compete in crowded markets. Questions to ask ourselves 1. How can we shift from Business Owners mindset to Entrepreneurial mindset? 2. What aread can we create First Mover Advantage for ourselves and create a new NICHE market altogether? 3. How can we lead and dominate that new niche market? Today, traditional business models are getting disrupted by new innovative business models coming out from entrepreneurial mindset of problem solving. It is the need of the hour for all business owners to shift our thinking to entrepreneurial thinking