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Monday, April 12, 2010

The world of entreprenours

thinkng of starting a business...check this out n tell me what u think...
TYPES OF ENTREPRENOURS.... my two cent worth of advice.. this is y i get paid.
1. The Improver: you are focused on using your company as a means to improve the world. Your motto is: morally correct companies will be rewarded working on a noble cause. Have an unwavering ability to run their business with high integrity and ethics.
Alert: Be aware of your tendency to be a perfectionist and over-critical of employees and customers. E.g. Anita Roddick, Founder of the Body Shop.
2. The Advisor: provide an extremely high level of assistance and advice to customers. The motto is: the customer is right and we must do everything to please them. Companies built by advisors become customer focused.
Alert: Advisors can become totally focused on the needs of their business and customers that they may ignore their own needs and ultimately burn out .e.g. John W. Nordstrom, Founder Nordstrom.
3. The Superstar: business is centered on the charisma and high energy of the Superstar CEO. This personality often will cause you to build your business around your own personal brand.
Alert: Can be too competitive and workaholics. E.g. Donald Trump, CEO of Trump Hotels & Casino Resorts.
4. The Artist: reserved but highly creative type. Often found in businesses demanding creativity such as web design and ad agencies. As an artist type you’ll tend to build your business around the unique talents and creativities you have.
Alert: You may be overly sensitive to your customer’s responses even if the feedback is constructive. Let go the negative self-image. E.g. Scott Adams, Creator of Dilbert.
6. The Analyst: your company is focus on fixing problems in a systematic way. Often the basis for science, engineering or computer firms, Analyst companies excel at problem solving.
Alert: Be aware of analysis paralysis. Work on trusting others .e.g. Intel Founder, Gordon Moore.
7. The Fireball: A business owned and operated by a Fireball is full of life, energy and optimism. Your company is life-energizing and makes customers feel the company has a get it done attitude in a fun playful manner.
Alert: You may over commit your teams and act to impulsively e.g. Malcolm Forbes, Publisher, Forbes Magazine.
8. The Hero: You have an incredible will and ability to lead the world and your business through any challenge. You are the essence of entrepreneurship and can assemble great companies.
Personality Alert: Over promising and using force full tactics to get your way will not work long term. To be successful, trust your leadership skills to help others find their way.
Entrepreneurial example: Jack Welch, CEO General Electric.
9. The Healer: If you are a Healer, you provide nurturing and harmony to your business. You have an uncanny ability to survive and persist with an inner calm.
Alert: Because of your caring, healing attitude toward your business, you may avoid outside realities and use wishful thinking. E.g. Ben Cohen, Co-Founder Of Ben & Jerry’s Ice Cream.

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