Entrepreneurship has been somewhat of a buzz word for some time now in business, facilitated mostly through the likes of business-focused shows such as the Apprentice and Dragons Den!
But what does entrepreneurship mean for business, and do you have to be an entrepreneur to be successful in business generally?
One of the youngest renowned entrepreneurs in the UK Stuart Maitland, who is calving himself a strong business empire, as well as creating his own brand profile as a young business leader through delivering mentoring via the Young Enterprise Europe Network, and through presentations at business events throughout the UK.
Stuart was originally born in Glasgow, Scotland, before moving to London at the age of 18 to peruse his destiny in business and entrepreneurship.
Since then he has launched successful property business ‘The Maitland Group’ and has met an array of leading business guru’s including Peter Jones, Duncan Bannatyne, Levi Roots and Charlie Mullins who he takes inspiration from to develop his own opportunities.
What motivated you to get into the world of business?
Looking back to my childhood, I think I’ve always had an ambition to own something and be my own boss.
Even when I was a junior chef, peeling and chopping vegetables for some of Scotland’s top chefs, I was still thinking about business and working my way up to be the best I could…
In my opinion anyone can make a success of themselves; it just takes hard work, blood, sweat, teams, determination and passion.
Who inspires you?
For me, my driver was seeing other successful people living a nice life and I wanted some of that too, so I changed my full career to try and get there.
No matter how well I think I’m doing in business, I can always find inspiration from other leading entrepreneurs, such as – Donal Trump - Peter Jones – Levi Roots – Duncan Bannatyne – Glenn Armstrong – Charlie Mullins.
These successful business people are my role models and give me the passion and drive to become as or even more successful than they are!
My motto is “Surround yourself with the people you aspire to be like, then you will be successful as they will be pushing you all the time.”
What do you know now that you wish you could tell yourself when you were just starting out?
Business really is a roller-coaster ride!
One lesson I would share with myself is patience; when I was 18, I needed everything immediately, as I have matured, I’ve also learned the importance of not rushing and remembering that sometimes, good things come to those who wait.
I was only very young when I first started my incredible journey, but part of that meant that I had to grow up fast and learn as I went.
One aspect of my character I am credited on frequently is my willingness to listen and learn – to contacts, tutors and business peers – and for me, that’s a great characteristic I hope I never lose!
How do you measure success?
This is a tough question. All entrepreneurs are probably different and will measure success differently..
For me, success will be when I have built multi-million pound businesses and come to the position where I can donate large sums of money to good causes and charities that I am personally passionate about and make a difference.
Then I will call myself a true success.
What do you enjoy most about what you do?
Everything. I take great pride and love of everything I do and I think that’s the only way to be when you lead a business.
I enjoy making money, I enjoy inspiring others and I love the people I meet on a daily basis.
Business in my eyes is the best job in the world, if you do it right, but at the same time it can be the worst if you go into it with your eyes closed. That’s why you should have a mentor to guide you on your journey until you are in a position to go it alone and make serious progress and serious money and have a good business.
What is your approach to effective networking?
For me it’s about the right connections in the room; being based in London means that I have access to attend some high profile events where I know the best entrepreneurs will be.
Networking isn’t just about a one-way sales channel – it’s also about learning and meeting peers that you can inspire to be - Learn from the best and you will become the best.