Adaptability is the Greatest Strength of an Entrepreneur – Robert Herjavec

A quote by Robert Herjavec, my favourite investor in shark tank. He was saying that entrepreneurs are the people that can land on their feats and adapt. Giving the example of his own father that came as an immigrant and had to adapt in Canada.

Adaptability is the Greatest Strength of an Entrepreneur

– Robert Herjavec

Being an entrepreneur is not easy, there are always obstacles and opportunities that you need to keep your eyes open for. You need to be able to change strategies, products, or services when needed to adapt. Successful entrepreneurs excel at that.

To give you an example:

Imagine you’re running a lemonade stand. You start the business by selling regular lemonade, but then you notice that on hot days, more people are asking for ice-cold lemonade. So, you see an opportunity, and quickly adapt by adding ice to your lemonade to meet the demand. Then, you see that some customers want healthier options, so you add a few fruit-flavored lemonades to your menu. This ability to change and adjust your business to meet the needs of your customers is adaptability that great entrepreneurs instinctively have.