I have been thinking for a long time now about some of the endogenous principals that are often distinctively exhibited by Entrepreneurs from all dimensions; whether they are already established executives from large corporations or even aspiring ones which require the right framework and most of all tool set to create and most of all sustain their vision in Entrepreneurship.
My experience so far in this domain is that most of all – Entrepreneurs or Venturepreneurs – I must add – often fail at making their start-ups or established businesses ‘happen’ because they are often in a cycle of Failure or Discouragement – the two of which are appreciated by Lao Tzu and Dale Carnegie in an interesting pdf file I have on my PC titled “Business Coach – Mastering Your Entrepreneurial Leadership Skills and Building a High-Growth Business“.
Although its only a brief presentation on the essential framework in which to inspire Venturepreneurial activity – something that every student or perhaps even full time workers in Australia truly appreciate; it provides us with invaluable tools in the field of stratetgic innovation which is a unique culmination of a tapestry of ideas, principals and most of all “effective working practices rooted in quality management” that unify through an alchemy of industry trends, modes of thinking and most of all – an entertaining ‘behavioural framework’.
The core message here to all aspiring Entrepreneurs who are interested in possible creating what Kiyosaki calls in his book “The Cash Flow Quadrant” as passive income is to create a mode of thinking or to fix your mindset on a plane which requires you to not create ‘attachment to the fruits of your action’ – a philosophical metaphor that guides alot of Entrepreneurs out there in their ever-ending “self pursuit of happiness”.
A significant portion of Kiyosaki’s books explain the modes of thinking that tie in well with what Stephen Covey writes about in his book “The Seven Habits Of Effective People” and in this light – its probably a good idea to introduce a graphical manifest to inspire all kind of activities on the internet or perhaps even in your own organisation, especially if you have the a) skillet and most of all the mindset in getting ‘savvy with the politics of hierarchy’ – which is naturally earned through respect and disciplinary succession in large and endemic corporations here in Australia – but one which is definitely a challenge to the ‘status quo’ of the organisation and a testament to the inspirational models of ‘systematic change’.
The diagram on the left is definitely very useful to alot of IT and ‘Excel savvy’ people out there as it enables you to create what I appreciate as “what if” and “contingent” scenarios which are reflections of ‘metrics’ or ‘front line data’ in the organisational system. Currently, I am going through with some insight a book which was delivered to me through Amazon titled “Patterns Of Entrepreneurship” by Jack M Kaplan – of which an interesting video can be found on the infamous YouTube.
The core challenge that I think is for many aspiring entrepreneurs is the development of The Business Plan – a document that should be developed ‘collaboratively’ after first ‘profiling a strong team and assigning some ground rules to the team to identify the elements of a) information sharing and b) task scheduling. As a tip – it should reflect three dimensions, the first being the focus target group or market niche, the second the strategic alignment of ‘business cases’ and thirdly – the incubation of their ‘enterprise system’.