Tag Archive: entrepreneurs

Are Entrepreneurs Born or Made?

Entrepreneurs are agents of change. And in this age of fantastic change, around the world the number of entrepreneurs are steadily increasing. There are business entrepreneurs. And social entrepreneurs. Not-for-Profit entrepreneurs. Millionaire-making entrepreneurs. Broke entrepreneurs. Armchair entrepreneurs. Hi-tech, lo-tech, no-tech entrepreneurs. The list goes on. Born or made? But, “Are entrepreneurs born, made, or a bit of both?” If you investigate the life-long applied research of behavioural scientists like Dr David McClelland of Harvard University. Or if you look at my own work in both the developing and post-industrial worlds over the last 43 years. You get the clear answer to your question. “Both!” Entrepreneurs are both born AND made. You are both born and made as an entrepreneur. Some things help There are some birth and upbringing factors that help. If, for example, you: – are male – are first born whether male or female – have the habit of being not a gambler risk-taker, but a calculated risk-taker – your personal need to achieve is higher than your need for power or relationships – you are under 54. Or over 54. [It’s absolutely never too late to start] – you have a ‘restless gene’. In the USA, for instance, in one study, 63% of start-ups were by men, with 18-to-34-year-olds accounting for 44% of new firm creations. This compares with 47% of start-ups initiated by men and women aged 35-54, and 9% for those 55 and older. Regardless But regardless, of these factors, you, I, anyone, can learn the e-TASKs involved in being a [potential] entrepreneur. That is as we develop the: – E-xperience – T-alents – A-ttitudes – S-kills – K-now how of entrepreneurs. And as we put ourselves into entrepreneurial – S-ituations. Practice, practice, practice And, as we practice. No entrepreneur emerges Day One as a Ye Compleat Master Entrepreneur. We all start as the Master’s Apprentice. We all learn our craft. Learn by our self if we must, but hopefully with the aid of a Master Mentor or two, a buddy or two, and a team. The one really key deciding factor seems to mental. It’s our desire, will, commitment that ultimately decides if we take the entrepreneurial leap of faith. Or we stay rooted in our armchair: “None of makes an impression on the world, sitting down.” Love learning Entrepreneuring is an art, a portfolio of skills, and practice, practice, practice. We learn not just by sitting in our armchair, thinking – which is also important. But ultimately by doing. This is why many university-trained professionals sometimes have a harder time in being successful entrepreneurs. First we must un-eTASKs them as part of eTASKs-ing them as entrepreneurs. And we must get them out of their head and into their body-soul-spirit. Winston Churchill said, “I love learning. I hate being taught.” Similarly many highly skilled and successful entrepreneurs, inventors, scientists, political leaders do badly at school. And opt out of college or University. The long list includes Steve Jobs, Henry Ford, Richard Branson, Bill Gates, Kerry Packer, Soichiro Honda… Albert Einstein, Winston Churchill, Charles Darwin…Socrates, Thomas Edison, Oprah Winfrey, Abraham Lincoln. But we/they are life-long learners. And, typically, we have a huge capacity for self-learning and learning – especially by doing, trialling, experimenting, having a go. The good news. Malcolm Gladwell in his fascinating book, ‘The Outliers’, evidences, Mastery of any skill set takes just 10,000 hours of focused practice! Start now You, and I, get to be Start-Up Entrepreneurs right now. Then to be Up-Start entrepreneurs and eventually Master Entrepreneurs, by taking seven initial actions. 1. Work out our life purpose. We work out very clearly, perhaps with help, what our life purpose is, why we’re here on this planet, what difference we want to make. So we make this life purpose the foundation Purpose of our Business. See Life Purpose. And Business Purpose.

2. Get a mentor. We recruit a well-experienced Entrepreneurial Mentor or two with the right Deep Smarts to work with us.

3. Become a peer mentor. We set-up peer mentoring relationships with fellow budding entrepreneurs partners where as Initiates we learn, practice, grow, develop and sustain together.

4. Set up a mentoring team. We forgo the joys and pains of being a Solo Entrepreneur, and we set up, and operate a small entrepreneurial team or unit or ‘advisory board’ – that combines a suitable mix of eTASKs.

5. Learn to find patterns. We develop quickly the fine art of constantly scoping, scanning, analysing and synthesizing our immediate and broader context-situation-environment for opportunities.

6. Learn some specific entrepreneurial skills. We become experts not just in social questioning, but also in opportunistic questioning. And we develop the skill of turning problems into opportunities.

7. Practice. We practice, practice, practice. We think, think, think. Test, test, test. Do, do, do. Reflect, reflect, reflect. Here’s to more entrepreneuring! ——- Neville Christie is a professional business mentor, company chairman and serial entrepreneur who has built 44 of his own businesses and is still going. He also mentors fellow entrepreneurs and chairs their companies. Neville can assist you get the life and business you want, and make your impossible dreams come true. Visit his website at .

The Idiosyncrasies Of Successful Entrepreneurs

Just how to be effective with business opportunities?- Another vital to effective business individuals lays in the flair of networking and also interacting socially with business-related individuals.- There must constantly be a fire in your heart for finding out new points, specifically the newest patterns as well as approaches of business and also to prosper in business marketing.

Are there unique top qualities to hold to come out with flying shades in the business globe? Just how to be effective with business opportunities?- Another vital to effective business individuals lays in the flair of networking and also interacting socially with business-related individuals.- There must constantly be a fire in your heart for discovering new points, specifically the most current fads as well as approaches of business and also to be successful in business marketing. With these certified features, there have actually also been lots of females entrepreneurs that beamed out of the numerous obstacles of the business globe.

Million Dollar Customer Loyalty Lesson That CEO Entrepreneurs Can Learn From the Royal Wedding

They really did not have a clear understanding of just what the monarchy (organization) is all concerning as well as just what the monarchy’s as well as this wedding celebration’s value proposition was. Resourceful citizens that remained near the wedding event place were using their spaces, balconies as well as porches for rental fee at costs prices to individuals that would certainly such as to see the royal pair clear and also real-time. If you obtained rid of the monarchy, you would certainly deteriorate England’s brand value.

They really did not have a clear understanding of exactly what the monarchy (organization) is all concerning and also just what the monarchy’s as well as this wedding event’s value proposition was. Resourceful citizens that remained near the wedding celebration location were using their areas, balconies as well as verandas for rental fee at costs prices to individuals that would certainly such as to see the royal pair clear and also online. As the above instances plainly show, monarchy is very rewarding to companies as well as citizens, as well as it has incredible home entertainment value for those that are interested. The monarchy is a solid brand to which, like it or not, the brand value of England is completely connected with. If you obtained rid of the monarchy, you would certainly wear down England’s brand value.

A Business Plan For Women Entrepreneurs

A business plan is a method to review your company, discover your funds, as well as established objectives. Any kind of entrepreneur coach will certainly inform you that it’s critical to have a top quality business plan to acquire financiers that will certainly money your company. A business plan could be brief or lengthy, yet bear in mind that in order to guarantee future success, you must have unique objectives, a budget plan as well as a great deal of determination.

The very first action to business success is writing a business plan. A business plan is a method to review your company, discover your financial resources, as well as established objectives. Any type of entrepreneur coach will certainly inform you that it’s crucial to have a top quality business plan to get financiers that will certainly money your company. A business plan could be brief or lengthy, however bear in mind that in order to make certain future success, you must have unique objectives, a spending plan and also a whole lot of determination.