SlideShare una empresa de Scribd logo
1 de 45
Leadership Mashups 100 Entrepreneur Attributes A Visual Sampling From the Complete List  by G.L. Hoffman Created by Adam Walz
3.   Get  c omfortable  asking for  advice  and  help .
3. Get comfortable asking for advice and help.   Although there are plenty of people who have created successful businesses on their own, most need help. They bring the basic skills and passion, but learning from others is absolute paramount.  If you are someone who knows everything, good luck.   Seriously, good luck.  There are many, many friendly resources that are willing to help you get up and going. You just need to find them, and ask for their help and advice. These folks LOVE and WANT to help you.
Find a metaphor  that  works for your business idea.   6.
6. Find a metaphor that works for your  business idea.  It will just help you identify your business to others.  Are you the FEDEX of dog products? The   Amazon of doll clothes?  The Heath brothers have written a very clever little book called  Made to Stick , which helps develop this theme more completely.
Love   your prospects.   8.
8. Love your prospects.  … This was really brought home to me several years ago, when I attended a new company investor presentation. After the very professional presentation, the co-founder was asked in a small, friendly group of people, if he had always believed in this approach. (The company was in the self-help space.) He said,  ‘No, I don’t believe in it, but it looks like a wide open market.’  If you are approaching the business from a purely economic standpoint, you CAN make it work. All I am saying is it makes it all more fun and believable if you love the prospects and customers. Warren Buffet owns Dairy Queen and I ‘d bet you a marshmallow Blizzard that even Warren loves DQ ice cream…
Know what  YOU  are good at.  9.
9. Know what you are good at. Chances are, you are very good at one thing. You will be successful if you can get yourself in position to use your one thing more often in a positive way.  It is not a problem if you are not good in every facet of your business.  It is more important that you realize that others can do what you cannot.
Get good at   motivating yourself.   13.
13. Get good at motivating yourself.   During tough times, can you do it? It is easy to motivate yourself when all is well…much harder, when it is fourth down and time is running out.  Be self aware enough to understand this ability or capability in yourself.  Find something that seems to work constantly, some trigger or mechanism that allows you to keep on keeping on…
Delayed gratification is necessary. 21.
21. Delayed gratification is necessary.  Stretch your arms out to your sides. One hand is pulling on a rope and the other hand is holding the bell. Some people need the bell to ring at the same time as the rope is being pulled. Others don’t.  Often, there is a significant time delay between pulling the rope and hearing the bell ring in a new company.  This is true whether you are investing in sales people or a new product. It is surely true when you are thinking up your own exit from the business.
To sell many, sell one. 23.
23. To sell many, sell one. To build your company, you have to sell multiples. You can’t just sell one.  Anyone can sell ONE.  The trick is to sell a lot, right? Sure. But before you can sell many, you have to sell that one single customer so that he is excited and pleased to have your product or service. This is why when you talk to venture capital investors, they are obnoxiously insistent on waiting until someone buys something from your company. Everything else is classroom.
Ready, Aim, Fire 26.
26. Ready, aim, fire.  Back when Beowulf was a lad, he used his trusty old slingshot to attack his enemies, kill squirrels and impress the maidens. Chances are he didn’t aim all that much. What he did was just let ‘er fly. If the rock fell short, he adjusted so the next time he got closer, and closer the next time. Same thing in a new startup.  The situation favors action over planning.  It really should be ready-fire-adjust. One of my favorite cartoons is the one with the two buzzards sitting in the tree waiting for the man to die from thirst…”Patience, hell,” says one to the other, “I want to eat something.”
Just Stay  in Business 30.
30. Just stay in business.  Too many new companies flame out, just like the after-burner on some supersonic jet. The pilot kicks in the after-burner for an added jolt of power, but once it happens, that’s it, no more power. If you can just continue your new business, first year to the second year, then to the third year…chances are great, you will make it.  Do whatever it takes to make it to that third year. Don’t flame out.
Are you  OK   with being in charge? 35.
35. Are you OK with being in charge?  At the end of the day, in your new developing company, you are IT. It makes no difference how complete your team or even how good it is, or how well you are doing. You are in charge, everyone looks to you.  You need to figure out THE key success factor in your business and get all consumed by it.  In Varitronics, our key success factor early in the business was getting our dealer network signed up. I thought it was so important, that I hit the road for weeks at a time, meeting and telling our story to potential dealers. Your consuming focus might be to get financing. This top line focus is your responsibility.
44. Suggestion boxes suck.
44. Suggestion boxes suck.   I know there are a lot of management gurus who recommend having suggestions boxes spread around a business, to generate improvement ideas.  If you need a box to generate such response, some other communication process needs fixing.  If you ask for suggestions, you have to react to each and every one…
Find a lead dog.   46.
46. Find a lead dog.  It is absolutely imperative that you find and nurture a top performing sales person. If you don’t, high level goals are nearly hard to achieve.  Always keep your eyes out for this sales leader.  He will help you in many, many ways.
Know the lyrics,  understand the tune.   48.
48. Know the lyrics, understand the tune.  Business schools are very good at giving you the background and knowledge to deal with many business issues. What they are not good at is helping you know what to do when someone has an issue with drugs or alcohol. What do you do?  What is your responsibility?  What about trust? How long do you stay with a key guy who is not performing?  What is the tune here? Can you hear it?
Talk to your competitors, don’t run from them. 58.
58. Talk to your competitors, don’t run  from them.   This may be a bit counter-intuitive and it might not work well in your industry, granted. Talk to them at trade shows, conferences, even on the phone…don’t talk strategy or tactics, talk about the industry in general. You can learn a lot by talking to someone who is confronting the same issues.  One never knows what you might learn …. if your competitor calls and wants to meet, for goodness’ sake, meet…if nothing else, to size up your competitor.
People who say they can raise money for your startup usually can’t.   63.
63. People who say they can raise money  for your startup usually can’t.  I don’t care how smart, connected or rich their friends, this almost always does not work.  This is your job.  Talk to them, yes, but never stop raising money your own damn self.
Assume goodwill; but audit,  measure and  lock the doors. 71.
71. Assume goodwill; but audit, measure  and lock the doors.  I really believe in the inherent goodness in most people. This is true of your employees, customers and any other stakeholder you might have in your new business. In other words, don’t go out looking for trouble where none exists. At the same time, realize that nothing gets improved until it gets measured. Only then can you understand if you got the result you needed…without concrete measurement devices, you are running a hobby business. Lastly, lock the doors.  I loved my kids, but I still checked the liquor cabinet.
No one cares as much about it as  you  do .   75.
75. No one cares as much about it as you do.  Your new company will consume you, and even most of your employees. Realize that most other people will not have heard about, or even care that you have a brand new widget. Your big dilemma about increasing prices?…they won’t even recognize it or care.  As one old curmudgeon told me once, “we are nothing but pimples on the ass of progress.”  I got the message.
84.   Worry less about the big competitors and more about the guy in the garage.
84. Worry less about the big competitors  and more about the guy in the garage.  The typical new entrepreneur is overly concerned about what General Motors will do….  Most of the time, the large company will completely discount and disregard your offerings.  When Scott and I started Varitronics, Kroy Inc. really discounted our offering, even made fun of us personally. This is more common than you would think—so don’t worry about the big guys, worry more about the guy just like you, with a slightly bigger garage.
88.  Sunshine pump.
88. Sunshine pump.  Let’s say you are having a bad day and a friend calls you. He is obviously down about something, almost depressed—one, can you hear it in his voice and two, by simply talking to him over the phone,  can you make his day brighter?
93.  Screw security.
93. Screw security.   If you are all about safety, benefits protection, fast cars and big cigars, you might not have the real, down-deep confidence it might take. Actually, I am not sure it is confidence or stupidity—what it is, is  a belief that no matter what, at the end of the day, you can figure it out, and make it all happen.
100.  Humorous.
100. Humorous.  I saved the best and most critical for last. Startups are full of pressure, and the release mechanism is humor. These people are quick witted, sometimes profane, and love to laugh with people. They will say the most inappropriate things and at the exact wrong moment.  People are not sure if he’s crazy like a fox or simply crazy.
Content Attribution ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Image Attributions http://creativecommons.org/licenses/by/3.0/ Contact me: [email_address]

Más contenido relacionado

La actualidad más candente

11 Inspirational Quotes from the Top CEOs of the Modern Business World
11 Inspirational Quotes from the Top CEOs of the Modern Business World11 Inspirational Quotes from the Top CEOs of the Modern Business World
11 Inspirational Quotes from the Top CEOs of the Modern Business WorldMatt Burke
 
Rework: Change the Way You Work Forever
Rework: Change the Way You Work ForeverRework: Change the Way You Work Forever
Rework: Change the Way You Work ForeverCanny Digital
 
Patreon Culture Deck
Patreon Culture DeckPatreon Culture Deck
Patreon Culture DeckBianca Ruiz
 
Sales Ideas from Tom Peters
Sales Ideas from Tom PetersSales Ideas from Tom Peters
Sales Ideas from Tom PetersRAD-INFO, Inc.
 
Lesson 1 trends &entrepreneurship intro + trendwatching (Walter Dewancker en ...
Lesson 1 trends &entrepreneurship intro + trendwatching (Walter Dewancker en ...Lesson 1 trends &entrepreneurship intro + trendwatching (Walter Dewancker en ...
Lesson 1 trends &entrepreneurship intro + trendwatching (Walter Dewancker en ...Walter Dewancker
 
Module 1 Creative Enterprise
Module 1  Creative Enterprise Module 1  Creative Enterprise
Module 1 Creative Enterprise caniceconsulting
 
How to know if you have the entrepreneur gene
How to know if you have the entrepreneur geneHow to know if you have the entrepreneur gene
How to know if you have the entrepreneur geneEdgar Gonzalez Anaheim
 
Things I will tell my kids if they become entrepreneurs
Things I will tell my kids if they become entrepreneursThings I will tell my kids if they become entrepreneurs
Things I will tell my kids if they become entrepreneursLaurent Haug
 
Marketing By Coca Cola
Marketing By Coca ColaMarketing By Coca Cola
Marketing By Coca Colaalimiyaou
 
Culture at Uberflip
Culture at UberflipCulture at Uberflip
Culture at UberflipUberflip
 
7 habits of successful people
7 habits of successful people7 habits of successful people
7 habits of successful peopleMichael Xavier K
 
Top Entrepreneurial Lessons from Female Founders
Top Entrepreneurial Lessons from Female FoundersTop Entrepreneurial Lessons from Female Founders
Top Entrepreneurial Lessons from Female FoundersEnrichHER
 
The Alliance: A Visual Summary
The Alliance: A Visual SummaryThe Alliance: A Visual Summary
The Alliance: A Visual SummaryReid Hoffman
 

La actualidad más candente (20)

LastHr Culture Deck
LastHr Culture DeckLastHr Culture Deck
LastHr Culture Deck
 
Reputation Over Resume
Reputation Over ResumeReputation Over Resume
Reputation Over Resume
 
Entrepreneur
EntrepreneurEntrepreneur
Entrepreneur
 
11 Inspirational Quotes from the Top CEOs of the Modern Business World
11 Inspirational Quotes from the Top CEOs of the Modern Business World11 Inspirational Quotes from the Top CEOs of the Modern Business World
11 Inspirational Quotes from the Top CEOs of the Modern Business World
 
Rework: Change the Way You Work Forever
Rework: Change the Way You Work ForeverRework: Change the Way You Work Forever
Rework: Change the Way You Work Forever
 
Patreon Culture Deck
Patreon Culture DeckPatreon Culture Deck
Patreon Culture Deck
 
Sales Ideas from Tom Peters
Sales Ideas from Tom PetersSales Ideas from Tom Peters
Sales Ideas from Tom Peters
 
Lesson 1 trends &entrepreneurship intro + trendwatching (Walter Dewancker en ...
Lesson 1 trends &entrepreneurship intro + trendwatching (Walter Dewancker en ...Lesson 1 trends &entrepreneurship intro + trendwatching (Walter Dewancker en ...
Lesson 1 trends &entrepreneurship intro + trendwatching (Walter Dewancker en ...
 
Module 1 Creative Enterprise
Module 1  Creative Enterprise Module 1  Creative Enterprise
Module 1 Creative Enterprise
 
How to know if you have the entrepreneur gene
How to know if you have the entrepreneur geneHow to know if you have the entrepreneur gene
How to know if you have the entrepreneur gene
 
Things I will tell my kids if they become entrepreneurs
Things I will tell my kids if they become entrepreneursThings I will tell my kids if they become entrepreneurs
Things I will tell my kids if they become entrepreneurs
 
Marketing By Coca Cola
Marketing By Coca ColaMarketing By Coca Cola
Marketing By Coca Cola
 
10 Traits to Become a Network marketing Superstar
10 Traits  to Become a Network marketing Superstar10 Traits  to Become a Network marketing Superstar
10 Traits to Become a Network marketing Superstar
 
Culture at Uberflip
Culture at UberflipCulture at Uberflip
Culture at Uberflip
 
7 habits of successful people
7 habits of successful people7 habits of successful people
7 habits of successful people
 
Rework cheat sheet
Rework   cheat sheetRework   cheat sheet
Rework cheat sheet
 
Top Entrepreneurial Lessons from Female Founders
Top Entrepreneurial Lessons from Female FoundersTop Entrepreneurial Lessons from Female Founders
Top Entrepreneurial Lessons from Female Founders
 
The Alliance: A Visual Summary
The Alliance: A Visual SummaryThe Alliance: A Visual Summary
The Alliance: A Visual Summary
 
Network Marketer
Network MarketerNetwork Marketer
Network Marketer
 
The lean startup
The lean startup The lean startup
The lean startup
 

Destacado

How to run a scrappy startup
How to run a scrappy startupHow to run a scrappy startup
How to run a scrappy startupRashmi Sinha
 
From Zero to a Million Users - Dropbox and Xobni lessons learned
From Zero to a Million Users - Dropbox and Xobni lessons learnedFrom Zero to a Million Users - Dropbox and Xobni lessons learned
From Zero to a Million Users - Dropbox and Xobni lessons learnedAdam Smith
 
So you want to do a startup, eh?
So you want to do a startup, eh?So you want to do a startup, eh?
So you want to do a startup, eh?Tara Hunt
 
Startup DNA: the formula behind successful startups in Silicon Valley (update...
Startup DNA: the formula behind successful startups in Silicon Valley (update...Startup DNA: the formula behind successful startups in Silicon Valley (update...
Startup DNA: the formula behind successful startups in Silicon Valley (update...Yevgeniy Brikman
 
So You Can Think Like An Entrepreneur
So You Can Think Like An EntrepreneurSo You Can Think Like An Entrepreneur
So You Can Think Like An EntrepreneurAbhishek Shah
 
Business modeling for social impact_the inkubator
Business modeling for social impact_the inkubatorBusiness modeling for social impact_the inkubator
Business modeling for social impact_the inkubatorHermeArriaga
 
Top 10 lies of Entrepreneurs
Top 10 lies of EntrepreneursTop 10 lies of Entrepreneurs
Top 10 lies of Entrepreneurshuer1278ft
 
Entrepreneurship & business modelling workshop
Entrepreneurship & business modelling  workshopEntrepreneurship & business modelling  workshop
Entrepreneurship & business modelling workshophgomersall
 
It's All About Execution in a Startup
It's All About Execution in a StartupIt's All About Execution in a Startup
It's All About Execution in a StartupAbhishek Shah
 
17 Traits That Entrepreneurs Posses
17 Traits That Entrepreneurs Posses17 Traits That Entrepreneurs Posses
17 Traits That Entrepreneurs PossesAbhishek Shah
 
CS5032 Lecture 2: Failure
CS5032 Lecture 2: FailureCS5032 Lecture 2: Failure
CS5032 Lecture 2: FailureJohn Rooksby
 
Building a Career as an Entrepreneur
Building a Career as an EntrepreneurBuilding a Career as an Entrepreneur
Building a Career as an EntrepreneurEric Tachibana
 
99 slideshares that every entrepreneur must read
99 slideshares that every entrepreneur must read99 slideshares that every entrepreneur must read
99 slideshares that every entrepreneur must readEric Tachibana
 
Stealing Your Einstein Ideas
Stealing Your Einstein IdeasStealing Your Einstein Ideas
Stealing Your Einstein IdeasAbhishek Shah
 
WHO IS THE ENTREPRENEUR? - SESSION 1
WHO IS THE ENTREPRENEUR? - SESSION 1WHO IS THE ENTREPRENEUR? - SESSION 1
WHO IS THE ENTREPRENEUR? - SESSION 1Olivier Witmeur
 
10 reasons it sucks to be an entrepreneur
10 reasons it sucks to be an entrepreneur10 reasons it sucks to be an entrepreneur
10 reasons it sucks to be an entrepreneurEric Tachibana
 

Destacado (20)

Creating Start-Up Success
Creating Start-Up SuccessCreating Start-Up Success
Creating Start-Up Success
 
How to run a scrappy startup
How to run a scrappy startupHow to run a scrappy startup
How to run a scrappy startup
 
From Zero to a Million Users - Dropbox and Xobni lessons learned
From Zero to a Million Users - Dropbox and Xobni lessons learnedFrom Zero to a Million Users - Dropbox and Xobni lessons learned
From Zero to a Million Users - Dropbox and Xobni lessons learned
 
So you want to do a startup, eh?
So you want to do a startup, eh?So you want to do a startup, eh?
So you want to do a startup, eh?
 
Startup DNA: the formula behind successful startups in Silicon Valley (update...
Startup DNA: the formula behind successful startups in Silicon Valley (update...Startup DNA: the formula behind successful startups in Silicon Valley (update...
Startup DNA: the formula behind successful startups in Silicon Valley (update...
 
So You Can Think Like An Entrepreneur
So You Can Think Like An EntrepreneurSo You Can Think Like An Entrepreneur
So You Can Think Like An Entrepreneur
 
Business modeling for social impact_the inkubator
Business modeling for social impact_the inkubatorBusiness modeling for social impact_the inkubator
Business modeling for social impact_the inkubator
 
Top 10 lies of Entrepreneurs
Top 10 lies of EntrepreneursTop 10 lies of Entrepreneurs
Top 10 lies of Entrepreneurs
 
Innovation Can be Trained
Innovation Can be TrainedInnovation Can be Trained
Innovation Can be Trained
 
Entrepreneurship & business modelling workshop
Entrepreneurship & business modelling  workshopEntrepreneurship & business modelling  workshop
Entrepreneurship & business modelling workshop
 
It's All About Execution in a Startup
It's All About Execution in a StartupIt's All About Execution in a Startup
It's All About Execution in a Startup
 
17 Traits That Entrepreneurs Posses
17 Traits That Entrepreneurs Posses17 Traits That Entrepreneurs Posses
17 Traits That Entrepreneurs Posses
 
How can entrepreneurial mindset be developed in organisations?
How can entrepreneurial mindset be developed in organisations?How can entrepreneurial mindset be developed in organisations?
How can entrepreneurial mindset be developed in organisations?
 
CS5032 Lecture 2: Failure
CS5032 Lecture 2: FailureCS5032 Lecture 2: Failure
CS5032 Lecture 2: Failure
 
Building a Career as an Entrepreneur
Building a Career as an EntrepreneurBuilding a Career as an Entrepreneur
Building a Career as an Entrepreneur
 
99 slideshares that every entrepreneur must read
99 slideshares that every entrepreneur must read99 slideshares that every entrepreneur must read
99 slideshares that every entrepreneur must read
 
Stealing Your Einstein Ideas
Stealing Your Einstein IdeasStealing Your Einstein Ideas
Stealing Your Einstein Ideas
 
WHO IS THE ENTREPRENEUR? - SESSION 1
WHO IS THE ENTREPRENEUR? - SESSION 1WHO IS THE ENTREPRENEUR? - SESSION 1
WHO IS THE ENTREPRENEUR? - SESSION 1
 
5 things I wish I knew before starting up
5 things I wish I knew before starting up5 things I wish I knew before starting up
5 things I wish I knew before starting up
 
10 reasons it sucks to be an entrepreneur
10 reasons it sucks to be an entrepreneur10 reasons it sucks to be an entrepreneur
10 reasons it sucks to be an entrepreneur
 

Similar a Leadership Mashups: 100 Entrepreneur Attributes

The little red book of selling
The little red book of sellingThe little red book of selling
The little red book of sellingJosé Campos
 
"How To Create Your First Six Figure Income In The Home Base Business Arena"
"How To Create Your First Six Figure Income In The Home Base Business Arena""How To Create Your First Six Figure Income In The Home Base Business Arena"
"How To Create Your First Six Figure Income In The Home Base Business Arena"Charles Booth
 
10 leadership practices to stop today
10 leadership practices to stop today10 leadership practices to stop today
10 leadership practices to stop todayChao Onlamai
 
Getting Started Fast - Randy Gage
Getting Started Fast - Randy GageGetting Started Fast - Randy Gage
Getting Started Fast - Randy GageJames Wood
 
How to begin your career in sales
How to begin your career in salesHow to begin your career in sales
How to begin your career in salesSanjoe Tom Jose
 
Startup Selling: How to sell if you really, really have to and don't know how...
Startup Selling: How to sell if you really, really have to and don't know how...Startup Selling: How to sell if you really, really have to and don't know how...
Startup Selling: How to sell if you really, really have to and don't know how...SalesQualia
 
5 traits money making entrepreneurs pose
5 traits money making entrepreneurs pose5 traits money making entrepreneurs pose
5 traits money making entrepreneurs poseArikrishnan Subramanian
 
Consulting pitch – win big contracts
Consulting pitch – win big contractsConsulting pitch – win big contracts
Consulting pitch – win big contractsNams19
 
Top 10 Excuses for Not Marketing Your Insurance or Benefits Agency
Top 10 Excuses for Not Marketing Your Insurance or Benefits AgencyTop 10 Excuses for Not Marketing Your Insurance or Benefits Agency
Top 10 Excuses for Not Marketing Your Insurance or Benefits AgencyQ4intelligence
 
How to run your business (Into the Ground)
How to run your business (Into the Ground)How to run your business (Into the Ground)
How to run your business (Into the Ground)Dan Wiese
 
Do's and don'ts of starting a small business pgp
Do's and don'ts  of starting a  small business pgpDo's and don'ts  of starting a  small business pgp
Do's and don'ts of starting a small business pgpPROF. PUTTU GURU PRASAD
 
My First 90 Days in Sales & Marketing
My First 90 Days in Sales & MarketingMy First 90 Days in Sales & Marketing
My First 90 Days in Sales & MarketingAvention
 
21 great ways to sell more, faster
21 great ways to sell more, faster21 great ways to sell more, faster
21 great ways to sell more, fasterSara Haidar
 
10 principles of bullishness
10 principles of bullishness10 principles of bullishness
10 principles of bullishnessJennifer Dziura
 
The most common 40 mistakes of first time entrepreneurs
The most common 40 mistakes of first time entrepreneursThe most common 40 mistakes of first time entrepreneurs
The most common 40 mistakes of first time entrepreneursAhmed Banafa
 
Kevin Dewalt's Helpful Marketing Webinar at University of Omaha
Kevin Dewalt's Helpful Marketing Webinar at University of OmahaKevin Dewalt's Helpful Marketing Webinar at University of Omaha
Kevin Dewalt's Helpful Marketing Webinar at University of OmahaKevin Dewalt
 
The Mindset You Need for Ultimate Success in Network Marketing and Running a ...
The Mindset You Need for Ultimate Success in Network Marketing and Running a ...The Mindset You Need for Ultimate Success in Network Marketing and Running a ...
The Mindset You Need for Ultimate Success in Network Marketing and Running a ...Erik Christian Johnson
 

Similar a Leadership Mashups: 100 Entrepreneur Attributes (20)

Business principles
Business principlesBusiness principles
Business principles
 
12.5 Principles of Sales Greatness from the Little Red Book of Selling
12.5 Principles of Sales Greatness from the Little Red Book of Selling12.5 Principles of Sales Greatness from the Little Red Book of Selling
12.5 Principles of Sales Greatness from the Little Red Book of Selling
 
The little red book of selling
The little red book of sellingThe little red book of selling
The little red book of selling
 
"How To Create Your First Six Figure Income In The Home Base Business Arena"
"How To Create Your First Six Figure Income In The Home Base Business Arena""How To Create Your First Six Figure Income In The Home Base Business Arena"
"How To Create Your First Six Figure Income In The Home Base Business Arena"
 
10 leadership practices to stop today
10 leadership practices to stop today10 leadership practices to stop today
10 leadership practices to stop today
 
Getting Started Fast - Randy Gage
Getting Started Fast - Randy GageGetting Started Fast - Randy Gage
Getting Started Fast - Randy Gage
 
How to begin your career in sales
How to begin your career in salesHow to begin your career in sales
How to begin your career in sales
 
Startup Selling: How to sell if you really, really have to and don't know how...
Startup Selling: How to sell if you really, really have to and don't know how...Startup Selling: How to sell if you really, really have to and don't know how...
Startup Selling: How to sell if you really, really have to and don't know how...
 
5 traits money making entrepreneurs pose
5 traits money making entrepreneurs pose5 traits money making entrepreneurs pose
5 traits money making entrepreneurs pose
 
Consulting pitch – win big contracts
Consulting pitch – win big contractsConsulting pitch – win big contracts
Consulting pitch – win big contracts
 
Top 10 Excuses for Not Marketing Your Insurance or Benefits Agency
Top 10 Excuses for Not Marketing Your Insurance or Benefits AgencyTop 10 Excuses for Not Marketing Your Insurance or Benefits Agency
Top 10 Excuses for Not Marketing Your Insurance or Benefits Agency
 
How to run your business (Into the Ground)
How to run your business (Into the Ground)How to run your business (Into the Ground)
How to run your business (Into the Ground)
 
Do's and don'ts of starting a small business pgp
Do's and don'ts  of starting a  small business pgpDo's and don'ts  of starting a  small business pgp
Do's and don'ts of starting a small business pgp
 
My First 90 Days in Sales & Marketing
My First 90 Days in Sales & MarketingMy First 90 Days in Sales & Marketing
My First 90 Days in Sales & Marketing
 
21 great ways to sell more, faster
21 great ways to sell more, faster21 great ways to sell more, faster
21 great ways to sell more, faster
 
10 principles of bullishness
10 principles of bullishness10 principles of bullishness
10 principles of bullishness
 
The most common 40 mistakes of first time entrepreneurs
The most common 40 mistakes of first time entrepreneursThe most common 40 mistakes of first time entrepreneurs
The most common 40 mistakes of first time entrepreneurs
 
Sponsoring secrets
Sponsoring secretsSponsoring secrets
Sponsoring secrets
 
Kevin Dewalt's Helpful Marketing Webinar at University of Omaha
Kevin Dewalt's Helpful Marketing Webinar at University of OmahaKevin Dewalt's Helpful Marketing Webinar at University of Omaha
Kevin Dewalt's Helpful Marketing Webinar at University of Omaha
 
The Mindset You Need for Ultimate Success in Network Marketing and Running a ...
The Mindset You Need for Ultimate Success in Network Marketing and Running a ...The Mindset You Need for Ultimate Success in Network Marketing and Running a ...
The Mindset You Need for Ultimate Success in Network Marketing and Running a ...
 

Último

Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfShashank Mehta
 
EUDR Info Meeting Ethiopian coffee exporters
EUDR Info Meeting Ethiopian coffee exportersEUDR Info Meeting Ethiopian coffee exporters
EUDR Info Meeting Ethiopian coffee exportersPeter Horsten
 
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Aggregage
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxmbikashkanyari
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024Adnet Communications
 
Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environmentelijahj01012
 
Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Peter Ward
 
Unveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesUnveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesDoe Paoro
 
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...SOFTTECHHUB
 
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptxGo for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptxRakhi Bazaar
 
Data Analytics Strategy Toolkit and Templates
Data Analytics Strategy Toolkit and TemplatesData Analytics Strategy Toolkit and Templates
Data Analytics Strategy Toolkit and TemplatesAurelien Domont, MBA
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFChandresh Chudasama
 
Psychic Reading | Spiritual Guidance – Astro Ganesh Ji
Psychic Reading | Spiritual Guidance – Astro Ganesh JiPsychic Reading | Spiritual Guidance – Astro Ganesh Ji
Psychic Reading | Spiritual Guidance – Astro Ganesh Jiastral oracle
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMVoces Mineras
 
Pitch Deck Teardown: Xpanceo's $40M Seed deck
Pitch Deck Teardown: Xpanceo's $40M Seed deckPitch Deck Teardown: Xpanceo's $40M Seed deck
Pitch Deck Teardown: Xpanceo's $40M Seed deckHajeJanKamps
 
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdfChris Skinner
 
Interoperability and ecosystems: Assembling the industrial metaverse
Interoperability and ecosystems:  Assembling the industrial metaverseInteroperability and ecosystems:  Assembling the industrial metaverse
Interoperability and ecosystems: Assembling the industrial metaverseSiemens
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdfShaun Heinrichs
 
Effective Strategies for Maximizing Your Profit When Selling Gold Jewelry
Effective Strategies for Maximizing Your Profit When Selling Gold JewelryEffective Strategies for Maximizing Your Profit When Selling Gold Jewelry
Effective Strategies for Maximizing Your Profit When Selling Gold JewelryWhittensFineJewelry1
 

Último (20)

The Bizz Quiz-E-Summit-E-Cell-IITPatna.pptx
The Bizz Quiz-E-Summit-E-Cell-IITPatna.pptxThe Bizz Quiz-E-Summit-E-Cell-IITPatna.pptx
The Bizz Quiz-E-Summit-E-Cell-IITPatna.pptx
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdf
 
EUDR Info Meeting Ethiopian coffee exporters
EUDR Info Meeting Ethiopian coffee exportersEUDR Info Meeting Ethiopian coffee exporters
EUDR Info Meeting Ethiopian coffee exporters
 
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024
 
Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environment
 
Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...
 
Unveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic ExperiencesUnveiling the Soundscape Music for Psychedelic Experiences
Unveiling the Soundscape Music for Psychedelic Experiences
 
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
 
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptxGo for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
 
Data Analytics Strategy Toolkit and Templates
Data Analytics Strategy Toolkit and TemplatesData Analytics Strategy Toolkit and Templates
Data Analytics Strategy Toolkit and Templates
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDF
 
Psychic Reading | Spiritual Guidance – Astro Ganesh Ji
Psychic Reading | Spiritual Guidance – Astro Ganesh JiPsychic Reading | Spiritual Guidance – Astro Ganesh Ji
Psychic Reading | Spiritual Guidance – Astro Ganesh Ji
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQM
 
Pitch Deck Teardown: Xpanceo's $40M Seed deck
Pitch Deck Teardown: Xpanceo's $40M Seed deckPitch Deck Teardown: Xpanceo's $40M Seed deck
Pitch Deck Teardown: Xpanceo's $40M Seed deck
 
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
 
Interoperability and ecosystems: Assembling the industrial metaverse
Interoperability and ecosystems:  Assembling the industrial metaverseInteroperability and ecosystems:  Assembling the industrial metaverse
Interoperability and ecosystems: Assembling the industrial metaverse
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf
 
Effective Strategies for Maximizing Your Profit When Selling Gold Jewelry
Effective Strategies for Maximizing Your Profit When Selling Gold JewelryEffective Strategies for Maximizing Your Profit When Selling Gold Jewelry
Effective Strategies for Maximizing Your Profit When Selling Gold Jewelry
 

Leadership Mashups: 100 Entrepreneur Attributes

  • 1. Leadership Mashups 100 Entrepreneur Attributes A Visual Sampling From the Complete List by G.L. Hoffman Created by Adam Walz
  • 2. 3. Get c omfortable asking for advice and help .
  • 3. 3. Get comfortable asking for advice and help. Although there are plenty of people who have created successful businesses on their own, most need help. They bring the basic skills and passion, but learning from others is absolute paramount. If you are someone who knows everything, good luck. Seriously, good luck. There are many, many friendly resources that are willing to help you get up and going. You just need to find them, and ask for their help and advice. These folks LOVE and WANT to help you.
  • 4. Find a metaphor that works for your business idea. 6.
  • 5. 6. Find a metaphor that works for your business idea. It will just help you identify your business to others. Are you the FEDEX of dog products? The Amazon of doll clothes? The Heath brothers have written a very clever little book called Made to Stick , which helps develop this theme more completely.
  • 6. Love your prospects. 8.
  • 7. 8. Love your prospects. … This was really brought home to me several years ago, when I attended a new company investor presentation. After the very professional presentation, the co-founder was asked in a small, friendly group of people, if he had always believed in this approach. (The company was in the self-help space.) He said, ‘No, I don’t believe in it, but it looks like a wide open market.’ If you are approaching the business from a purely economic standpoint, you CAN make it work. All I am saying is it makes it all more fun and believable if you love the prospects and customers. Warren Buffet owns Dairy Queen and I ‘d bet you a marshmallow Blizzard that even Warren loves DQ ice cream…
  • 8. Know what YOU are good at. 9.
  • 9. 9. Know what you are good at. Chances are, you are very good at one thing. You will be successful if you can get yourself in position to use your one thing more often in a positive way. It is not a problem if you are not good in every facet of your business. It is more important that you realize that others can do what you cannot.
  • 10. Get good at motivating yourself. 13.
  • 11. 13. Get good at motivating yourself. During tough times, can you do it? It is easy to motivate yourself when all is well…much harder, when it is fourth down and time is running out. Be self aware enough to understand this ability or capability in yourself. Find something that seems to work constantly, some trigger or mechanism that allows you to keep on keeping on…
  • 12. Delayed gratification is necessary. 21.
  • 13. 21. Delayed gratification is necessary. Stretch your arms out to your sides. One hand is pulling on a rope and the other hand is holding the bell. Some people need the bell to ring at the same time as the rope is being pulled. Others don’t. Often, there is a significant time delay between pulling the rope and hearing the bell ring in a new company. This is true whether you are investing in sales people or a new product. It is surely true when you are thinking up your own exit from the business.
  • 14. To sell many, sell one. 23.
  • 15. 23. To sell many, sell one. To build your company, you have to sell multiples. You can’t just sell one. Anyone can sell ONE. The trick is to sell a lot, right? Sure. But before you can sell many, you have to sell that one single customer so that he is excited and pleased to have your product or service. This is why when you talk to venture capital investors, they are obnoxiously insistent on waiting until someone buys something from your company. Everything else is classroom.
  • 17. 26. Ready, aim, fire. Back when Beowulf was a lad, he used his trusty old slingshot to attack his enemies, kill squirrels and impress the maidens. Chances are he didn’t aim all that much. What he did was just let ‘er fly. If the rock fell short, he adjusted so the next time he got closer, and closer the next time. Same thing in a new startup. The situation favors action over planning. It really should be ready-fire-adjust. One of my favorite cartoons is the one with the two buzzards sitting in the tree waiting for the man to die from thirst…”Patience, hell,” says one to the other, “I want to eat something.”
  • 18. Just Stay in Business 30.
  • 19. 30. Just stay in business. Too many new companies flame out, just like the after-burner on some supersonic jet. The pilot kicks in the after-burner for an added jolt of power, but once it happens, that’s it, no more power. If you can just continue your new business, first year to the second year, then to the third year…chances are great, you will make it. Do whatever it takes to make it to that third year. Don’t flame out.
  • 20. Are you OK with being in charge? 35.
  • 21. 35. Are you OK with being in charge? At the end of the day, in your new developing company, you are IT. It makes no difference how complete your team or even how good it is, or how well you are doing. You are in charge, everyone looks to you. You need to figure out THE key success factor in your business and get all consumed by it. In Varitronics, our key success factor early in the business was getting our dealer network signed up. I thought it was so important, that I hit the road for weeks at a time, meeting and telling our story to potential dealers. Your consuming focus might be to get financing. This top line focus is your responsibility.
  • 23. 44. Suggestion boxes suck. I know there are a lot of management gurus who recommend having suggestions boxes spread around a business, to generate improvement ideas. If you need a box to generate such response, some other communication process needs fixing. If you ask for suggestions, you have to react to each and every one…
  • 24. Find a lead dog. 46.
  • 25. 46. Find a lead dog. It is absolutely imperative that you find and nurture a top performing sales person. If you don’t, high level goals are nearly hard to achieve. Always keep your eyes out for this sales leader. He will help you in many, many ways.
  • 26. Know the lyrics, understand the tune. 48.
  • 27. 48. Know the lyrics, understand the tune. Business schools are very good at giving you the background and knowledge to deal with many business issues. What they are not good at is helping you know what to do when someone has an issue with drugs or alcohol. What do you do? What is your responsibility? What about trust? How long do you stay with a key guy who is not performing? What is the tune here? Can you hear it?
  • 28. Talk to your competitors, don’t run from them. 58.
  • 29. 58. Talk to your competitors, don’t run from them. This may be a bit counter-intuitive and it might not work well in your industry, granted. Talk to them at trade shows, conferences, even on the phone…don’t talk strategy or tactics, talk about the industry in general. You can learn a lot by talking to someone who is confronting the same issues. One never knows what you might learn …. if your competitor calls and wants to meet, for goodness’ sake, meet…if nothing else, to size up your competitor.
  • 30. People who say they can raise money for your startup usually can’t. 63.
  • 31. 63. People who say they can raise money for your startup usually can’t. I don’t care how smart, connected or rich their friends, this almost always does not work. This is your job. Talk to them, yes, but never stop raising money your own damn self.
  • 32. Assume goodwill; but audit, measure and lock the doors. 71.
  • 33. 71. Assume goodwill; but audit, measure and lock the doors. I really believe in the inherent goodness in most people. This is true of your employees, customers and any other stakeholder you might have in your new business. In other words, don’t go out looking for trouble where none exists. At the same time, realize that nothing gets improved until it gets measured. Only then can you understand if you got the result you needed…without concrete measurement devices, you are running a hobby business. Lastly, lock the doors. I loved my kids, but I still checked the liquor cabinet.
  • 34. No one cares as much about it as you do . 75.
  • 35. 75. No one cares as much about it as you do. Your new company will consume you, and even most of your employees. Realize that most other people will not have heard about, or even care that you have a brand new widget. Your big dilemma about increasing prices?…they won’t even recognize it or care. As one old curmudgeon told me once, “we are nothing but pimples on the ass of progress.” I got the message.
  • 36. 84. Worry less about the big competitors and more about the guy in the garage.
  • 37. 84. Worry less about the big competitors and more about the guy in the garage. The typical new entrepreneur is overly concerned about what General Motors will do…. Most of the time, the large company will completely discount and disregard your offerings. When Scott and I started Varitronics, Kroy Inc. really discounted our offering, even made fun of us personally. This is more common than you would think—so don’t worry about the big guys, worry more about the guy just like you, with a slightly bigger garage.
  • 38. 88. Sunshine pump.
  • 39. 88. Sunshine pump. Let’s say you are having a bad day and a friend calls you. He is obviously down about something, almost depressed—one, can you hear it in his voice and two, by simply talking to him over the phone, can you make his day brighter?
  • 40. 93. Screw security.
  • 41. 93. Screw security. If you are all about safety, benefits protection, fast cars and big cigars, you might not have the real, down-deep confidence it might take. Actually, I am not sure it is confidence or stupidity—what it is, is a belief that no matter what, at the end of the day, you can figure it out, and make it all happen.
  • 43. 100. Humorous. I saved the best and most critical for last. Startups are full of pressure, and the release mechanism is humor. These people are quick witted, sometimes profane, and love to laugh with people. They will say the most inappropriate things and at the exact wrong moment. People are not sure if he’s crazy like a fox or simply crazy.
  • 44.
  • 45.