Modern Business Magazine November 2016 | Page 6

MODERN ENTREPRENEUR The Yin and Yang of Successful Entrepreneurship By Alan Manly E veryone has an opinion about what makes an entrepreneur successful. Motivated by genuine interest or natural envy it’s a great topic to get any BBQ talking. The latest book on what makes entrepreneurs tick will surely be referenced highlighting gobsmacking success or sorrowful failure. But personality analysis is not new. One concept for 6 ModernBusiness November 2016 understanding these traits that became popular in China during the 3rd century BC is what is known as yin and yang. Yin (dark side) and Yang, (bright side), describe how opposite or contrary forces are complementary, interconnected, and interdependent. It sounds complicated but it makes an interesting tool to understand the traits of successful entrepreneurs. Tenacity A bright side, Yang, characteristic. Tenacity is the favoured word for entrepreneurs who persist and overcome adversity. A bulldog like spirit focused on success. However, on the dark side, Yin, when no one is around we may see a person trapped by the over commitment. Lying awake at nights on the cusp of cutting and running if only there