This series was written almost exactly five years ago. I write about Vision, Compass Thinking, Multi-tasking, Deciding and Problem Solving. Here is an excerpt from the section on Compass Thinking:
When we embark on a journey, the normal course of action is to equip oneself with a map. But what if the terrain one we were going across was uncharted and no maps were available? All one has as a guide then are the stars and one’s inner intuitions. This describes the path the entrepreneur needs to traverse. An entrepreneur must learn to travel with a compass, knowing only the general direction.
It is not all that difficult. When one starts, all paths seems to be headed to the destination — or to nowhere. This is where the trial-and-error process starts. The entrepreneur needs to start looking around, making short forays, developing a sense of the surroundings, being alert to the environment around. Over time, the entrepreneur will develop the appropriate antennae which will work as the compass for going forward in the right direction.
That is how we began in our mobility business — three years ago all I knew was I wanted us to be in it, but didn’t know the specifics of what we would do. We started with a compass, and drew the map out as we explored the terrain.
