In-Depth Interview with Prof. Dr. Glenn Agung Hole- Navigating the Entrepreneurial Journey

This philosophy has been a cornerstone of my personal and professional growth. Every role I’ve undertaken and every initiative I’ve led came with challenges and, at times, setbacks. However, viewing these moments as opportunities rather than obstacles has been crucial. It’s about cultivating a mindset that values resilience and continuous learning. Embracing failure as part of the journey has allowed me to innovate, push boundaries, and lead with empathy and understanding, fostering environments where teams feel encouraged to experiment and grow.

The TIPS methodology, which stands for Technology, Intellectual Capital, Processes, and Strategy, provides a comprehensive framework for organisations seeking to navigate change and digital transformation successfully. For entrepreneurs, applying this model means taking a holistic approach to building their ventures. It involves leveraging technology not just as a tool but as a driver of innovation, valuing and developing the intellectual capital within their teams, optimising processes for efficiency and adaptability, and ensuring that all these elements are aligned with a clear, strategic vision. By integrating these aspects, entrepreneurs can create resilient, scalable businesses capable of withstanding the challenges of the modern business landscape.

One universal truth is that leadership is not just about directing others but about inspiring them to achieve their full potential. It’s about setting a vision that others can rally around and then fostering a culture of innovation where new ideas are welcomed, and experimentation is encouraged. Another truth is that innovation is not a solitary endeavour but a collective one. It thrives in environments where diverse perspectives are valued, and collaboration is nurtured. Finally, the ability to adapt to change is crucial. The most successful leaders and organisations can pivot and evolve in response to new information and shifting market dynamics.

We’re entering an era where the integration of digital technologies in every aspect of business is becoming the norm rather than the exception. This digital acceleration, combined with a growing emphasis on sustainability, sets the stage for the next wave of entrepreneurship. Entrepreneurs will need to be adept at leveraging digital tools and platforms to create value while also being mindful of their ventures’ environmental and social impact. Another trend is the increasing importance of intellectual capital—where individuals’ knowledge, skills, and creativity become a critical competitive advantage. Fostering a culture that attracts and retains talent will be essential.

To those at the crossroads, I say: The world needs your ideas, energy, and vision. Entrepreneurship is a path of discovery, growth, and impact. Feeling uncertain or fearful is normal, but don’t let that hold you back. Start small if you need to, but start somewhere. Embrace the journey with an open mind and a willing heart. Be prepared to learn, adapt, and persevere. And remember, the most significant risk is not failing but failing to try. The entrepreneurial path is one of the most rewarding adventures you can embark on, filled with opportunities to make a meaningful difference.

Thank you for this opportunity to share my thoughts.