A place to think out loud on building out an idea.

Thursday, June 17, 2010

Capacity Building - Building A Foundation For Success



The entrepreneurial process can be demanding and sometimes make you question whether you can get it all done.  The journey to establishing a successful enterprise presents many entrepreneurs with the following question, "How do I create a blueprint for business and personal growth?"  Answering this question can sometimes feel daunting.  One way to ease the pressures of creating a successful enterprise is to lay a foundation for pursuing your dream or vision by focusing on capacity building.  Capacity building refers to those activities that improve either an organization's ability to achieve its mission or an individual’s ability to define and realize goals and do a job more effectively.  For organizations, capacity building can relate to almost any aspect of their work: improved governance, leadership, mission and strategy, administration (including human resources, financial management, and legal matters), program development, fundraising, marketing, income generation, etc.  For individuals, capacity building can relate to leadership development, advocacy skills, training/speaking abilities, technical skills, organizational skills, and other areas of personal and professional development.  Motivational guru, Anthony Robbins, has stated that "Most people have no idea of the giant capacity we can immediately command when we focus all our resources on mastering a single area of our lives." 



While tenacity and fortitude are key ingredients for most entrepreneurial success stories, the extent to which an aspiring entrepreneur  develops personal capacity, as well as the capacity of his or her enterprise, can make the difference between success and failure.  To overcome the obstacles you will inevitably face in building your enterprise, you have to have a plan in place for pushing your enterprise past the tough spots and taking your vision to the next level.  The likelihood of your success depends on having the necessary support systems in place to make your vision a reality.  There is no question that capacity building is an essential step in achieving success as entrepreneur in order to create wealth and build an institution.  Whatever your idea, remember great ideas need great people and organizations behind them.  

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