You’ve Got to Earn Your Title

Earn Your TitleWhen Randy Nelson was in the Navy, he had to complete a series of exams before he was allowed to lead a submarine team. He qualified to be a leader. But he says the scariest thing about entrepreneurship is how there isn’t really a qualification. You just file the paperwork and jump in. As one of the founding members of the Raleigh-Durham, North Carolina chapter of the Entrepreneurs’ Organization, Nelson witnessed unprepared entrepreneurs lead some of the almost 70 percent of businesses that fail in the first 10 years. Now the author, speaker, business coach and founder of Gold Dolphins LLC, an executive coaching, mentoring and consulting company based in Clayton, North Carolina, is committed to creating entrepreneurial leaders.

“Entrepreneurship on its own is not enough. Leadership on its own is not enough. The two combined are powerful and more than capable of turning the failure rate around in the entrepreneurial community. Every company would benefit by having a greater capacity for both entrepreneurship and leadership in their organization.”

Related: 16 Things You Can Learn From Dave Ramsey About Life and Leadership


This article originally appeared in the June 2017 issue of SUCCESS magazine.

Cecilia Meis is a full-time writer and editor based in Dallas, Texas. Besides SUCCESS, her work has appeared in Time Out Dallas, Rewire, Healthline and others. Outside of work, she plays beach volleyball, attempts home cooking and is ardently working toward making her cat, Nola, Insta-famous.

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