eSCAPE

November 27, 2018 0 By Bites of Wealth

eSCAPE

The 4 Stages of Becoming a Successful Entrepreneur

by Anik Singal

I don’t remember exactly how I first heard about Anik Singal, but I recently acquired a copy of his book “eSCAPE”. Since my focus on this site is on books relating to entrepreneurship and business, I thought the subtitle of “eSCAPE” was particularly appropriate: “The 4 Stages of Becoming a Successful Entrepreneur.”

The main point I took away from “eSCAPE” is that being an entrepreneur is less about what you do and more about who you are and who you are becoming. Because becoming an entrepreneur is a journey. It’s not like getting a degree from a university. The school of life is always open.

The journey, as Anik describes it, looks like a pyramid. (This is a picture of the pyramid as it appears in my copy of the book).

Anik pyramid

This is where the title of the book is derived from.

e – employee

S – Self

C – Catapult

A – Authority

P – People

E – Entrepreneur

Anik contends that when children are born, they are natural entrepreneurs. Children try and fail over and over until they figure out how to sit, crawl, walk, and talk. They don’t let failure bother them. They simply try again. Unfortunately, that entrepreneurial spirit is stomped out of most people by the school system. The school system is designed to produce employees, not entrepreneurs. Emphasis is placed on memorizing right answers instead of emphasis being placed on thinking around problems and finding solutions.

So by the time most people reach adulthood, they have been conditioned to think the way authority wants them to think and to look to higher-ups to tell them what to do. Entrepreneurship is gone. But it can be relearned and that is the purpose of “eSCAPE”. Anik outlines four major steps to moving from the employee mindset to the Entrepreneur mindset. Each of the four steps is broken down into smaller steps along the way. This makes each step easier to digest and apply. Along the way, Anik tells stories from his own experiences to illustrate each point. It makes “eSCAPE” a fun and easy read.

Although “eSCAPE” is not as dense as some of the books I’ve reviewed thus far (looking at you “Snowball”), there is still plenty to learn from it. I actually liked the extra spacing between the paragraphs as it made it easier to read. And the content is relevant. Anik makes the point that small steps consistently taken will get you where you want to go. This point gets kicked around a lot, I know, but that doesn’t make it any less relevant. Just like practicing any skill, practicing entrepreneurship means failing a lot, but the success will be worth it. This book gives a good outline for how to practice becoming an entrepreneur.

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