At Oslo Business Forum, Sahar revealed how to infuse a fresh, entrepreneurial spirit into your company to ensure resilience, adaptability, and the capability to continuously evolve in the face of change.
The Entrepreneurial Mindset: Available to All of Us
Why is it that when we think of courageous leaders, we immediately think of entrepreneurs? We ask ourselves where they get their passion and drive, how they get their ideas, how they convince others to come on the journey, and how they deal with failure and face fear.
Sahar Hashemi is the co-founder of Coffee Republic and author of Anyone Can Do It, the UK's second-highest-selling book on entrepreneurship ever. Her story is an inspirational tale of how she stopped "thinking about it" and "did it."
"It's actually none of that," said Sahar. "Entrepreneurs are no different than the rest of us, and I'm living proof of that."
We tend to put entrepreneurs on a pedestal. We associate their mindset with agility and resilience and speculate on where those traits came from. Are they created by the financial rewards that come from starting a business? Is it a special chromosome that entrepreneurs are born with?
Sahar never believed she was entrepreneurial. As a former lawyer, she has always been averse to risk and never felt like an adrenaline junkie. "And yet, somehow, I've tapped into that entrepreneurial energy," she said. "Somehow, I've found it within me."
It turns out that energy is in all of us.
"The entrepreneurial mindset is not an abstract mindset change."
Igniting the Spark of Entrepreneurship
Sahar's experience as an entrepreneur taught her the mindset comes from the process. It's the journey that makes an entrepreneur—not a personality trait. Taking an idea and turning it into reality requires you to do things differently. "Having to hustle switches on the entrepreneurial mindset," Sahar said.
For Sahar, it started with a trip to New York that changed her life. One morning, she was looking for coffee and stumbled upon a new coffee shop. She observed an incredible coffee menu unlike any she'd ever seen and ordered a skinny latte. "I loved the idea of starting my morning here," she said.
When Sahar returned to London, she was dismayed that she couldn't find anything like the coffee shop she'd experienced in New York. "That was the first flame of entrepreneurship in me," she said.
She didn't set out to disrupt the market or become the fastest-growing company in the UK. "All I had was a personal problem. I wanted a skinny latte every morning."
"I started. I got the flow going."
We all get ideas, but too often, we overthink it. The difference for Sahar was that she took a baby step.
Navigating Growth Without Losing the Entrepreneurial Spirit
Sahar started Coffee Republic with her brother. As they began their journey, they were clueless about the work they were going to go into. They knew nothing and had nothing. They weren't in possession of time, money, or resources. They didn't know anything about customer service, training, or raising capital—let alone coffee. They had to problem-solve everything.
"Somehow, everything we didn't have clicked something on in my brain," Sahar said. "It made me problem solve the same way we problem solve outside—in a human way."
It turned out that these "didn't haves" weren't obstacles. They were fuel.
Balancing Structure with a Startup Mentality
As companies grow, the entrepreneurial spirit can fade due to bureaucracy and rigid, siloed thinking. Sahar stressed the importance of retaining a startup mindset, even in larger organizations, to remain innovative and adaptable.
Coffee Republic grew to 110 stores in 5 years. Everyone in the company felt how precious that startup spirit was. But as soon as the company got bigger, the organizational structure they felt compelled to create began to suffocate that spirit. "It's like pouring cold water over that passion," said Sahar.
Sahar felt the spark extinguish when silos started going up, experimentation stopped, and the "can-do" attitude changed. She decided to hand the company over to professionals. But her departure was accompanied by a sense of emptiness. She's determined to empower other leaders with an innovative mindset now because, she said, "A startup mindset is actually our only insurance policy in choppy waters."
In order to check their mindset, Sahar encourages leaders to ask themselves several questions:
Key Points
Questions to Consider
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