|
For Entrepreneurs, Managers, Employees
The Universal World of Entrepreneurs©

Pyramid Model for Galaxy of Entrepreneurs
While there may not
be any absolute guarantees in business, this discovery
will get as close to one as possible. Let's start with
our company quote and motto. It will give you some insight into what's in store for you as an entrepreneur.
"Entrepreneurship is
living a few years of your life like most people won't,
so you can live the rest of their lives like most people
can't."
You begin with
Key number 1: learning about this new universe.
All entrepreneurs, managers and employees, compete in their own galaxies and universe,
metaphorically speaking. This pyramid can apply to business owners
as well as employees also. This unique discovery is a look at the galaxy and
universe that all
entrepreneurs, managers and employees compete in.
This discovery is bundled and tied to 2
simple keys that- ensure your future successes in business or at
work.
Key 1 is in understanding this entrepreneur’s galaxy. We use a
pyramid model for our galaxy of entrepreneurs. There are 4
components of the galaxy and all entrepreneurs and employees exist in this
pyramid. Facts confirm these galaxies and the tales they tell about
business owners.
Entrepreneurs Galaxy:
-
A. Shining Stars- entrepreneurs and managers have all the skill
sets necessary to run a successful business. Shining stars reside at
the top of the pyramid and only represents 5% of all entrepreneurs
and managers.
-
B. Fast Trackers- entrepreneurs and managers have been trained at
a growing company but still need some form of management support.
Fast Trackers reside in the middle of the pyramid and represent 15%
of the galaxy.
-
C. Existing Talents- entrepreneurs and managers have been
partially trained but really lack judgment and experience in running
a company. Existing talents share the weight and mass of the pyramid
together with Wannabe's, even though they are do not share the load
evenly. Existing talents represent 20% of all entrepreneurs and
managers in the
galaxy.
-
D. Wannabe's- entrepreneurs and managers lack most of the skill
sets, knowledge and core competencies to run a successful company or
manage a business.
Wannabe's use trial and error and pay the price statistically for
it. They represent 60% of the universe and the largest numbers.
So what's this first key tell us? The galaxy tells us and the
statistics will confirm that 95% of all entrepreneurs and managers lack one or
more of the skill sets to successfully run a business. That means,
the opposite side of the same coin then tells us, only 5% have all
the skill sets required to be successful in business.
Here are the industry stats:
-
40,000,000 businesses
-
25% change ownerships each year
-
90% of all businesses gross less than $300,000
-
20% of e-commerce businesses are profitable
-
50% of all businesses close in the first two years.
Key 2-is in understanding where you fit in the galaxy. I'm the
fortunate one. I personally learned later in life this discovery and
went on a 6 year retooling program. I assessed my weaknesses first,
since those were so obvious, then I devoted the time to
systematically enhance my skill sets and core competencies that
would ensure my future successes in business.
Take a quick assessment of yourself by looking at the
model and determine where you fit. Your future profits and business
successes depend on it. This model tells the tale, and it's up to
you to strengthen the skill sets you need to successfully run a
business. It's a life long process and one that requires a different
mind set.
It's apparent that few entrepreneurs competing today
have all the skills and disciplines necessary to successfully run a
growth company or business. The statistics are too compelling to
believe otherwise. If you want to guarantee any degree of success as
an entrepreneur, you must learn and develop the skill sets you lack.
Want to be shining star? Then learn to make a small
shift in your orientation towards goals. We need to move away from a
single goal orientation and add a learning orientation to it.
Sometimes the trouble with success is, once you've achieved it, you
have nothing to look forward too, or to challenge you. Not so with a
life long learning orientation where you will always have something
new to learn, as you grow personally and professionally.
As CEO of a company with over 450 employees, I've coached
and trained 1000's of
entrepreneurs and business managers on some of the most critical
skill sets like Strategic Organizational Leadership, Six Sigma and
Project Management and a wide variety of high level skill sets,
Here's a short list of some of the critical
skill sets available for you to learn: people skills, accounting for
non financial managers, marketing, sales, communications, internet
marketing and SEO, team building, project management, human
resources, etc. Look to business classes in the evening, at local
community colleges.
The best of all skill sets bar none is
thinking and creativity. You can't be a great thinker without
being creative. When you look back through our galaxy, their
isn't a problem you can't solve or anything you can't do to improve
your skills at running or managing a business if you are a great
thinker. Innovation and change are two components that help
you improve your business or your performance at your job.
Check out our
#1 thinking
skill development program for enhancing value.
In the final analysis, the two keys to the kingdom of your business
fortunes have been placed squarely in your hands. Start now and
commit to learning new skill sets. Learn to work on your business as
you work in your business. There are plenty of skill set
seminars in business, so prioritize them to your own needs for a
quicker start.
When it comes to performance at work or in your
business there are three critical skill sets you must have.
Those are covered in our Be Thinkful©
skill development program.
Back to homepage
|