Goodbye, Mom & Pop
The neighborhood's not big enough for today's entrepreneurs. Only the world will do.
Jim McCann's father owned a business. "He was a
painting contractor," McCann explains. "He had good years
and bad. He had ideas for growing the business, but he also had
five children to support, which meant his risk tolerance wasn't
high." Neither was the burning, irrational desire to push the
envelope. "Whether for financial reasons or because of the
parameters that his psyche imposed, my father was a small-business
owner. He did fine, but he wasn't an entrepreneur."
McCann, on the other hand, is the real deal. The 47-year-old
president of Long Island, New York-based 1-800-FLOWERS parlayed a
background in social work and $10,000 into a $300 million
nationwide enterprise, consisting of 150 company-owned and
franchised flower shops, 2,500 affiliated florists, five
telemarketing centers, and an online presence that's growing
like--well, weeds.
What separates McCann--and entrepreneurs like him--from the
legions of small-business owners out there? It's not a matter
of success or failure. The owner of a single profitable clothing
boutique is not unsuccessful. Indeed, starting and running a
business that pays your bills, meets its payroll and feeds the
economy is a worthy accomplishment by anyone's
standard--it's more, certainly, than most people manage in a
lifetime.
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And still, there's a difference. You see it in the shape of
a company and the spirit of its founder: a delight in growth,
innovation and risk. McCann calls his entrepreneurial character a
"genetic defect," something so basic and profound
it's undeniable. "Whatever I was going to be--whether I
stayed in the nonprofit world or started my own business--I was
going to grow [the enterprise]," McCann says. "It's
part of my nature."
That nature is certainly what separates entrepreneurs from their
business-owning counterparts. Although each entrepreneurial story
has its own magic--a particular combination of luck and
circumstances that makes it unique--there are also common themes.
Here, then, are the major symptoms, six signs that you may be more
than just an employee with a better-than-average profit-sharing
program. If the profile fits, you just might have the e-gene.
Gayle Sato Stodder probably isn't a true entrepreneur
herself, but she learned enough about them as a former senior
writer for Entrepreneur that she could play one on
TV.
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