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Entrepreneurs are artists — their business is the canvas. Here are seven reasons:

Entrepreneurs create something out of nothing
That’s what entrepreneurs do. Instead of using canvas and paints as resources, entrepreneurs take people and capital and create product and culture. Their is no doubt their fingerprints are all over the output. Jeff Bezos at Amazon is customer focused; Amazon has great service. Steve Jobs is a design tyrant; Apple products beautiful products. See a trend here?

Iteration is a key to success
Often businesses start with no clear business model, or wind up backing into a business model they never expected. Look at Google. They were into search, and wound up a lead generation machine connecting businesses with the people searching for their wares. But how did they get there? They started out in one direction and they iterated their way into what they do today. The path may not be clear, but entrepreneurs move on and figure things out along the way — much as a sculptor takes a block and chips away at it bit by bit.

Focus is a key to success
How many artists are great in multiple mediums? A musician, an actor and a painter? Yes… there are exceptions to every rule, but mostly artists are only great at one medium. Perhaps the best advice I ever got was, “there’s a four letter word in business… FOCUS.” Entrepreneurs are creative, many have a million ideas a minute and see opportunity everywhere. But without focus and discipline that leads to execution and results, it’s all for naught.

Be true to your vision
Successful artists stay true to their vision. There are lots of people who want to tell you how to do something, but what they know is their way — not your way. Your way matters. Artists learn the principles of great design from those that have come before them — often by imitation — just like entrepreneurs learn business management concepts and financial metrics. At the end of the day, both artists and entrepreneurs must take these best practices — they’re only a tool set — and use them to realize their vision.

There’s no one way to do it
Speaking of vision, your perspective is everything — there is no one way to get where you are heading and don’t let anyone convince you otherwise. Sure there are doubts, but you must overcome them — like an artist — to succeed.

Starving artists…
Well, you can see where this one is going. Ever heard of an entrepreneur living out of their parent’s basement, putting all their expenses on their credit card? Might have happened once or twice before…

Style of their own
Ever hear a song for the first time and know the artist? Ever see a painting and know the painter? Ever notice a change in the feel of working with a business? Improved service, worsening service? A product that gets better over time, perhaps worse? Over time an artist develops a style that becomes her own. The same is true of entrepreneurs and whether you know it or not, you can feel the difference.

10 Comments (add comment)

Jun 16/08
9:42 am

[...] 7 ways entrepreneurs are artists Often businesses start with no clear business model, or wind up backing into a business model they never expected. Look at Google. They were into search, and wound up a lead generation machine connecting businesses with the people … [...]

Jun 16/08
11:55 am

Hey Mike, I appreciate and related to your comments so thanks for that. I truly enjoy creating interesting, different and elegant solutions for my clients. Maybe someday the folks in the office towers will understand “Entrepreneur” is a career choice and not someone who couldn’t get a job ;)

I’ll never go back. Nooo way.

Jun 17/08
8:18 am

I agree, Mike, that entrepreneurs are artists, but I also think artists can be entrepreneurs, although I see a lot of creative types shy away from learning common business practices for fear of “corrupting” their creative side.

From my point of view, the most successful businesses are also the most creative.

Jun 21/08
3:41 pm

[...] Mike McDerment, CEO of FreshBooks, on why entrepreneurs are artists. [...]

Jun 22/08
3:26 pm

[...] June 22, 2008 · No Comments I very much like the comparison Mike McDerment, CEO of FreshBooks, made recently between entrepreneurs and artists. [...]

Jun 22/08
6:23 pm
Brill Pappin says:

That is exatly what I keep saying.
I began life as a fine artist, into graphic arts to ay the bills, and when I moved into software development I realized I used the same set of skills.

Now that I’m looking more and more into the startup world, I find that a lot of the important things are the things I learned early.

However, no person is an island, so you will need collaborators and partners to actually get it done. If your lucky, they have the same vision you do, or can enhance your vision with their own to make something better.

Jun 23/08
9:56 pm

Hey Mike. this is great! as an artist and entrepreuneur I can relate. I use both. what i learned most about art is clarity comes from chaos. the process is everything and the most enjoyable part. those who are only fiocused on the finished product miss out on what they are doing because the product comes from the process and the respect and enjoyment from the process. only when you truly allow the chaos to evolve and once you can be present in the chaos while enjoying it without judging it, will clarity come forth from this. the best artists dont push the creation and they listen to the process and let the dance between both help create the final product.

most “entreprenurs” who give up on their creation do so because they cant let the process be.

enjoy your process!

Jun 27/08
12:07 am

[...] 7 ways entrepreneurs are artists: “Entrepreneurs are artists — their business is the canvas. Here are seven reasons: [...]

Jun 27/08
7:44 am

Hello!Some great tips & tricks here. That was really very helpful!!!This is because these internet entrepreneurs have armed themselves with enough knowledge, expertise and strategies to keep their heads above water.

Aug 8/08
11:25 pm

[...] blog writers over at FreshBooks have written article about the seven ways that entrepreneurs are artists. Yes, it’s actually quite informative, perceptive and [...]


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