Hailey Coleman, a successful entrepreneur, holds an award for "innovation in business".
Like many other entrepreneurs, Hailey Coleman, had ambition, a dream, and not much else. She created a shoe company named “Damn Heels” straight out of university. Recognizing that she lacked the skills to help the company reach it’s potential, she enlisted the help of “Ideal Samples”, a Toronto-based company that helps entrepreneurs get their product from idea to marketplace. While this service was highly beneficial to her, it raises the question: How important is it that entrepreneurs independently create and manage their company?
Brian Anderson, assistant profesor of entrepreneurship at Western Ontario University, believes that “first hand experience of hustling to to achieve all of these things is the single best way to learn how to run a business”.
Jay Lebo disagrees and shares his belief that individuals should seek help when they need it. He states that, “Developing competitive business strategies is a skill. Not everyone is good at it”.
While I see the merit in both of the above opinions, I am most in agreement with Jay. If entrepreneurs value the success of their company, they will recognize that they cannot fill every position in the company and it may be in their best interest to seek external help.