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Lesson 2: THINK DIFFERENTLY
- Most small businesses fail because they believe that if they understand the technical work of a business then they understand a business that does technical work (e.g. just because you are a good carpenter, doesn't mean you understand how to start a carpentry business)
- The key here is to ensure that you understand the inner workings of business before attempting to start one. If you have already started a business, you still have a chance to learn but that will require change!
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MORE IDEAS ON THIS
The Entrepreneur
- The Entrepreneur is always thinking forward and about the future.
- This personality is the part of us that is constantly making strategies, innovating, thinking creatively, looking for opportunities (and occasionally wrecking havoc).
- This also comes with the...
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Lesson 3: The three personalities
Every person who goes into business is made up of three different people
These are
- The Technician,
- The Manager, and
- The Entrepreneur.
- Each o...
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"Frightened of change? But what can exist without it? What's closer to nature's heart? Can you take a hot bath and leave the firewood as it was? Eat food without transforming it? Can any vital process take place without something being changed?"
MARCUS AURELIUS
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The Manager
- The Manager is the planner/ organiser. Always creating order and living in the past. Where the Entrepreneur sees opportunity and possibilities, the Manager sees the problems that will invariably occur.
- Constantly chasing the ...
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"If your business depends on you, you don't own a business-you have a job. And it's the worst job in the world because you're working for a lunatic!
MICHAEL E. GERBER
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Lesson 1: Change
- Change in business (and life) is essential for growth. Everything changes
- Without understanding the importance of change you won't be able to alter the things in your business that aren't working and require change to flourish
- Change in any ...
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The Technician
- The Technician is the doer. Loving the hands-on work within the business
- Not caring about thinking or ideas or multitasking, the Technician just wants to tinker and work, always living in the present
- The Technician believes t...
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Lesson 4: SYSTEMS and Strategy
SYSTEMS?
- Systems are one of the most important aspects of your business.
- Systems are a series of specific and explained processes showing how to carry out a task in detail
WHY ?
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CURATED FROM
CURATED BY
"The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane" -Marcus Aurelius
Important for anyone in business already or wanting to start one
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More like this
The Entrepreneurial Myth
Fatal Assumption: If you understand the technical work of a business, then you understand a business that does technical work. This is simply NOT true.
A technician who tries to start a business will take the work he loves to do and turn it into a job.
“A lot of times seeing something new and exciting is easy to go toward because it’s new and exciting. When you get into the grind, and you’re actually in the inner workings of this business that you once said yes to, well, that starts to become a drag”
PAT FLYNN
Fear of failure or "what if"
“What if it doesn't work? What if no one likes it? What if it fails?"
These are the wrong questions. Instead, concentrate on all the ways you may succeed. Even if you fail, it can give you a chance to reflect, correct and succeed.
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