I have been trying to find the exact quote but not had success. Peter Drucker, the renowned 20th century management consultant and management author is said to have said “Culture eats strategy for breakfast.”
Despite not being able to find the exact citation, the phrase certainly paraphrases much of Peter Drucker’s work.
So what is corporate culture, and why is it so kick-ass?
Probably the strongest characteristic I know that is shared by successful entrepreneurs is the ability to take something complicated and turn it into something simple.
People with this successful trait are able to listen to partially related conversations, disjointed argument, complicated ideas other people are struggling to put together, and see the big picture before boiling it down to a simple conclusion. Perhaps they describe the essential idea simply, or distill it to 2 or 3 important steps, that encompass everyone’s thinking into a simple actionable idea or plan.
The second strongest characteristic amongst successful entrepreneurs I know is that they are able to combine their ability to get to the root of the issue and then, with clear leadership, turn it into a success factor for their company. This may be as simple as subtly taking over the conversation whilst allowing people to take the glory, or shifting mindsets so that the required daily actions seem so small and actionable. They do this in such a way that everyone understands the issue and the solution, everyone feels included, everyone understands the clarity of the objective, and everyone feels happy to contribute.
In talking to these successful entrepreneurs that I admire, I find that they come from all sorts of backgrounds and are in all sorts of industries, even including the not-for-profit industry. So it’s not all about making the profit, it’s about the clarity of thought and leadership that brings success to the venture.
In talking to these entrepreneurial leaders, I have discerned 5 areas of focus for them.
Are you an entrepreneur wanting to start your own business?
Perhaps you are an expert in what you do, or you are a creative excelling in your specialty, and you work for someone else but think that you can do it better, or that your own business would be so much more?
OK so you want to start your own business but where do you start? What do you do first? What do you have to do? The questions are starting to overwhelm the enthusiasm, right? If only there were a number of steps laid out that you could follow, and be sure that you’ve thought about everything and that you haven’t missed anything.
Well there is!
I have created an online course to take any entrepreneur or small business startup from scratch – from idea to opening their doors. Funnily enough it’s called “How To Start Your Own Business“!
It is wrapped around 5 steps.
OK, you’ve heard me talk about business plans before.
And if you haven’t, what? You really need to check this out at https://teikoh.com/?s=business+plan
Well, this week I’m going to talk about what the business planning process involves, and how you have to include the “why” of your business, why does it exist?
You see, people forget that business plans are written to be read. Yes, that’s a revolutionary thought isn’t it?
People think that business plans are boring internal documents that you write so that you can follow them step by step to grow your business. No. That’s called a to-do checklist.
Business plans are written to be read – by you, by your team, by outside investors, by supporters, by people close to you. Yes, they form the basis of what you have to do in order to grow your business – but more than that, a business plan is a story of what you have to do in order to grow your business to become the business that you want. This takes much more than a list of things that are your goals and a list of actions to achieve those goals. This means that your business plan has to be a reminder, an inspiration, it must attract people, it must make them want to be part of your story as an investor, as a team member, as a customer, as a fan.
So, let’s take a look at the why and how of the business plan process.
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