Many of the business problems are not due to lack of business skills and knowledge; often the culpriit is self mastery

It is about getting better...

Rizal  Philippines | February 12, 2014

Prof Jorge Entrep + Personal Mastery

In my experience and my observation of the many businesses that I was trying to turn around, the problem often is not with the business, nor the business processes.   The business ideas/concept are sound, the processes are sound, the best management skills, good methods are used, the owners are well educated in their chosen fields, and yet their businesses flounder?  What is the root cause?

It is not the content as Buddy Silva, one of the guest entrepreneurs I had at AGSB Iloilo;  it is the context.  It is the mindset and the attitude of the entrepreneur.  It is the lack of personal mastery that causes them to fail And yet these are not taught at the business schools.  That is why, I give undue emphasis on this at the entrep subject.   And this could not be subject of a content exam, nor a departmental exam that is being considered to be universal at this GSB soon