Saturday, February 15, 2014

The myth of solo product designer/entrepreneur.

No man is an island, even for the gunslinger entrepreneur.

Almost all entrepreneurial ventures are put up by teams.  This the law of the big picture by John Maxwell.  Nothing gets done successfully anymore by the Lone Ranger.  You need an army, a battallion to win a battle.

The key words now are collaboration and cooperation.   An entrepreneurial venture needs an innovator, an organizer and implementor (somebody who executes the ideas)

The Rennaissance man is not enough to be a successful entrepreneur

Teams now work.

http://blogs.wsj.com/accelerators/2014/02/10/derek-lidow-debunking-the-myth-of-the-lone-visionary-designer/

Corrosive qualities in employees that must be stopped

From Inc

People are important aspect of an organization.  People connect strategy and process. There could be no success without people.  However, some people are truly destructive and corrosive (like termites) no matter how you try.  They are simply not fit to work, or be part of the organization and must be removed from the bus at all cost.

Here are the types of employees that must be removed from the bus.



Cristhel Molina Inspirational Video

Wednesday, February 12, 2014

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