Motivation Addiction Centers (MAC)
THE ENTREPRENUER
VOAI ENTREPRENEURS want achievement, not power! Would you succeed as an entrepreneur? You must possess these attributes:
SELF DIRECTION. You should be thoroughly comfortable at being your own boss, self disciplined.
ACTION-ORIENTATED. Great business ideas are not enough. The most important thing is a BURNING DESIRE to relize, actualize, and build your dream into a reality.
SELF-NURTURING. You must believe in your idea when no one else does, and be able to replenish your own enthusiasm.
HIGH ENERGY LEVEL. You must emotionally, mentally, and physically be able to work long and hard.
TOLERANT OF UNCERTAINTY. Successful entrepreneurs take only calculated risks (if they can help it). Still they must be able to take some risk. Venture capitalists, in fact, look for people who are psychologically capable of handling risk, while at the same time making things happen.
ADVICE FROM SUCCESSFUL ENTREPRENEURS
* Research your market, but do not take too long to act.
* Start your business when you have a customer.
* Try your new venture as a sideline first.
* Plan your objectives within specific time frames.
* Surround yourself with people who are smarter than your self-including an outside board of directors.
* Do not be afraid to fall.
* Hire a great accountant.
TOP 10 QUALITIES PEOPLE WANT IN A JOB TODAY
1- Work with people who treat me with respect.
2- Interesting work.
3- Recognition for good work.
4- Chance to develope skills.
5- Working with people who listen if you have an idea about how to do things better.
6- A chance to think for myself rather than just carry out instructions.
7- Seeing the end result of my work.
8- Working for efficient managers.
9- A job that is not to easy.
10- Feeling well informed about what is going on.
Challenging work, personal growth, learning new skills, autonomy, participation, respect, acknowledgement, effective management, and information-are what business needs.
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I- MAJORITY HIGHLY SUCCESSFUL W/O VENTURE CAPITAL 2- DEFINITION: "THE PURSUIT OF OPPORTUNITY W/O REGARD TO RESOURCES YOU CURRENTLY CONTROL" 3- THE ABILITY TO CREATE AND BUILD SOMETHING FROM PRACTICALLY NOTHING 4- WORKING WITH ONE'S OWN SAVINGS 5- CONTROL THE RESOURCES, NOT OWNING THEM 6- DRIVING FORCE; (2) CREATIVE AND CAPABLE MANAGER 7- INVESTORS LOOKING FOR GENERAL M'GT AND MARKETING EXPERIENCE 8- NOT INDEPENDENT, MANY MASTERS AND CONSTITUENTS TO SERVE AND JUGGLE: PARTNERS, INVESTORS, CUSTOMERS, SUPPLIERS, CREDITORS, EMPLOYEES, ETC. 9- $DOLLARS NOT PRIME MOTIVATOR- THRILL OF CHASE 10- THRIVES ON SENSE OF ACCOMPLISHMENT FROM OUT PERFORMING COMPETITION. GAIN CONTROL BY RESULTS I I- TIME: "LEMONS OR LOSERS" IN A PORTFOLIO RIPEN IN ABOUT 2-1/2 YEARS. PLUMS OR WINNERS USUALLY TAKE 7-8 YEARS TO BEAR FRUIT
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ENTREPRENEUR'S MIND |
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A- TOTAL COMMITMENT, DETERMINATION AND PERSERVERENCE B- DRIVE TO ACHIEVE AND GROW C- TAKING INITIATIVE AND PERSONAL RESPONSIBILITY D- PERSISTENCE IN PROBLEM SOLVING E- VERTICAL AWARENESS AND SENSE OF HUMOR F- SEEKING AND USING FEEDBACK G- INTERNAL LOVE OF CONTROL H- TOLERANCE FOR AMBIGUITY, STRESS AND UNCERTAINTY I- CALCULATED RISK TAKING AND RISK SHARING J- LOW NEED FOR STATUS AND POWER K- INTEGRITY AND. RELIABILITY L- DECISIVENESS M- DEALING WITH FAILURE N- TEAM BUILDER AND-HERO MAKER
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