Applying the Principles of Entrepreneurship

“Principles are concisely worded statements of truth that transcend circumstance” (quote from Alex Judd of Path for Growth) and as a result, it imperative that, as educators, we work to point out principles for our students and teach them to leverage these principles in their lives.In other words, principles are always at work regardless of our acknowledgement of them—consider the principle of compounding: every single thing we do adds up over time to define who we become. This can work for us (become healthier and happier) or against us (lose our health and sense of purpose) but once we identify the principle and how it works, we are better poised to use it to our advantage.In this episode of the podcast, I identify four key principles that drive the entrepreneurial mindset: belief drives behavior (and behavior drives results), consistency compounds, time can be spent or invested, and constraints breed creativity.