ESSENTIAL HABITS SUCCESSFUL ENTREPRENEURS. Gary the entrepreneurial learning initiative

Transcription

1 ESSENTIAL HABITS SUCCESSFUL ENTREPRENEURS OF Gary

2 ???

3 The Entrepreneurial Mindset The Entrepreneurial Process Eight Essential Habits

4 The Entrepreneurial Mindset

5 An mindset is deceptively simple: it begins with awareness that it is our responsibility to figure out how to be useful to ors, and that by doing so, we can empower ourselves.

6 mīn(d)-ˌset, n underlying beliefs and assumptions that influence behavior

7 Visible Artifacts Espoused Values Underlying Assumptions

8 The range of what we think and do is limited by what we fail to notice. R. D. Laing

9 Mindset Perceptions of self and world Mostly subconscious Influences goals and expectations Drives attitudes and behavior Inaccurate, subject to biases Tendency to self-perpetuate

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11 The Entrepreneurial Process

12 High Growth Entrepreneurs

13 Plan & Pitch Tech-centric bias Ideas obvious high growth potential Develop a business plan In-depth market research Financial projections Seek VC investment

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15 Richard Branson Small Business Management

16 Small Business Management Formal market research Write a business plan Finance & accounting Marketing & sales Legal structures Seek bank financing

17 ENTREPRENEURSHIP IS NOT MANAGEMENT

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19 Enthusiastic and somewhat inexperienced.

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21 Entrepreneurial??? Reality No breakthrough technology Little or no formal planning Ad-hoc market research $10,000 (cc,sm, ff&f) Little or no experience

22 Search Growth Obsolescence Observation Inquiry Curiosity Experimentation Adaptation Creativity Problem solving Critical thinking Networking Collaboration Communication Teamwork Commitment Resilience

23 Search Growth Obsolescence Observation Inquiry Curiosity Experimentation Adaptation Creativity Problem solving Critical thinking Networking Collaboration Communication Teamwork Commitment Resilience Management Replication Process Procedures Efficiency Marketing Sales Scalability Improvement Specialization Consistency Formulaic Conformity Compliance

24 Search Growth Obsolescence Observation Inquiry Curiosity Experimentation Adaptation Creativity Problem solving Critical thinking Networking Collaboration Communication Teamwork Commitment Resilience Management Replication Process Procedures Efficiency Marketing Sales Scalability Improvement Specialization Consistency Formulaic Conformity Compliance Large scale Innovation Acquisitions Visible market Formal Research In-depth analysis Careful planning Financial projections Known brand Known customer Established channels Experienced managers Execute as planned

25 Search Growth Obsolescence Observation Inquiry Curiosity Experimentation Adaptation Creativity Problem solving Critical thinking Networking Collaboration Communication Teamwork Commitment Resilience Management Replication Process Procedures Efficiency Marketing Sales Scalability Improvement Specialization Consistency Formulaic Conformity Compliance Large scale Innovation Acquisitions Visible market Formal Research In-depth analysis Careful planning Financial projections Known brand Known customer Established channels Experienced managers Execute as planned

26 Search Growth Obsolescence Observation Inquiry Curiosity Experimentation Adaptation Creativity Problem solving Critical thinking Networking Collaboration Communication Teamwork Commitment Resilience Management Replication Process Procedures Efficiency Marketing Sales Scalability Improvement Specialization Consistency Formulaic Conformity Compliance Large scale Innovation Acquisitions Visible market Formal Research In-depth analysis Careful planning Financial projections Known brand Known customer Established channels Experienced managers Execute as planned

27 Search Growth Obsolescence Observation Inquiry Curiosity Experimentation Adaptation Creativity Problem solving Critical thinking Networking Collaboration Communication Teamwork Commitment Resilience Management Replication Process Procedures Efficiency Marketing Sales Scalability Improvement Specialization Consistency Formulaic Conformity Compliance Large scale Innovation Acquisitions Visible market Formal Research In-depth analysis Careful planning Financial projections Known brand Known customer Established channels Experienced managers Execute as planned

28 Entrepreneurship = SEARCH

29 Entrepreneurial Process Inquiry and Observation Experimentation and Adaptation Advocacy and Implementation

30 Eight Essential Habits

31 5 Building 6 Creating 7 8 Your Brand Community Creating Wealth Eight Habits The Power of Persistence 2 Recognizing Opportunities 3 4 Ideas Into Action Pursuit of Knowledge 1 The Power to Choose

32 Entrepreneurship Mindset shaped by experience Entrepreneurship is a search process Searching requires search skills

33 When you grow up you tend to get told world is way it is and your life is just to live your life inside world - try not to bash into walls too much, try to have a nice family, have fun, save a little money. That's a very limited life. Life can be much broader once you discover one simple fact: Everything around you that you call life was made up by people that were no smarter than you and you can change it, you can influence it, you can build your own things that or people can use. Once you learn that, you'll never be same again. - Steve Jobs learning learning initiative initiative

34 Thank You! elimindset.com Gary