Business
Unity is plural, at minimum of 2.
In my opinion, successful ventures need both the Entrepreneurial energy and the Business- Management Energy to Achieve their Purpose. It’s not an easy combination, it can be a rewarding one.
What makes a great business owner?
BUSINESS OWNER:
Business: a person, partnership, or corporation engaged in commerce, manufacturing, or a service; profit-seeking enterprise or concern.
Key: Profit Seeking
Business Owners are Profit Seeking, Risk adverse, and Forecasters.
As a Psychotic/Optimist or JDS the Entrepreneur, Risk really is my nature. It start by “ME” being tuned “IN” to the fact I’m an Auto-Didactic
Autodidactic: self-education is the act of teaching oneself about a subject or subjects in which one has had little to no formal education. In other words I’m not that smart I’m Experienced, plain and simple I do not write about what I have not experienced about.
Side Bar: The first step in any new idea is understanding who you are and you being able to make clear distinctions about who you are first. The first real Dream Breaker in my opinion is my Subjective Reality.
Word Formula: “-ME/YOU+”=1
What I’m very sure of is if “WE” don’t have Clear Definitions of the roles, Between Entrepreneur and Business Owner
“WE” will be trapped in a Future that may not fit with who “WE” are.
I have heard Famous Global Educator Anthony Robbins say: “Your past doesn’t need to equal your future”.
I want to play to my Entrepreneurial Strengths and get out of the way of the HU-BEING who have complimentary Business skills that will and support to create Successful FUTUREs!
Entrepreneurs+ or -Business Owners…. it is not about right or wrong. It’s about understanding the difference. This is my reality about creating the long term Future Survival of an Idea Pattern that creates Exchange and Adds Value to the greater world.
Entrepreneur: Someone who sees something that others don’t see and is willing to take a risk. The Patterns of what the Entrepreneur sees is already there. It is a matter of creating the new Idea Pattern into an Exchangeable Product that will Repeat over Time.
Business Owner: Profit Seeking, Risk Adverse, Futures Forecasters
Thus meaning that the Idea Pattern must become:
Firstly Viable… meaning it works and is repeatable by
Word Formula: “-Systems/Processes+”=1
Secondly Sustainable over time…. meaning that it can be done over and over again,
Word Drivers: Customers, Margins, Profit, Repeat
Thirdly Repeatable creating “Every more Ever less” EMEL
Word Formula: Collaborative, Co-operative, Distributive, and Driven
Fourthly the Idea Pattern resides in an Objective Space of Pragmatic Real.
Word Formula: Aware, Presence, Subjective (Invisible), and Objective (Visible)
Important thoughts for both Entrepreneur-Business Owner
Word Formula: “-Business Owner/Entrepreneur+”=1
How do I relate the Idea Pattern “-Business Owner/Entrepreneur+”=1?
I have read hundreds of book on Business and Entrepreneurship. They have been good, bad, terrible, and the odd one, great. What always struck me is that I don’t remember any book that gave a clear definition of what a Business is or what Entrepreneurship really entails or how to conduct myself in these areas. I write Struggledork for myself and Chris S so I get clear about my own experiences. I share the experiences with everyone else to Be at Risk. To “ME” Risk Creates Growth. Both -Negative/Positive+ =1
For the record, I don’t think an Entrepreneur and a Business Owner are the same person. I believe that an Entrepreneur is very different from a Business Owner. For me, very different skill sets are required.
The burden of being in the role of Business Owner, is a heavy weight on “ME” knowing that I consider myself to be an Entrepreneur in Spirit. I am a very capable Business Owner. And it is not my true calling,
I have a track record of getting ideas to a certain stage, for a Business Owner to then take over and apply their skill-set…..only to find that the Business Owners I find have a very poor definition of their role in the business.
The 2 Idea Patterns Entrepreneur Business Owner are so interchanged that they have become interchangeable, when in my opinion, they are not.
Entrepreneur: A person who creates everything from nothing…… Because it is already there.
For me, an Entrepreneur sees Patterns of Events, puts them together and Creates or Discovers a way of doing a Process better than it was done before and then Creates something else or a New Idea Pattern. This usually means Creating a Scale or Economy that allows the Process to be done Better, Faster, Cheaper or “More with Less”. This is not about Money…..Money is the by the Bi-product of the Creation. It is about less Time, less Energy used, less Space taking, a better use of Materials and always creating greater Value for the Consumer of the Idea. It does not matter if it is Physical or Metaphysical. It must always come down to the deep Fundamentals of Universe.
Word Formula “-Space, Energy, Matter and Time+” The drivers of Cost
When I think about businesses like McDonalds (now a Corporation) and how they started and where they are today.
I ask myself, “What did Ray Croc see when he started?”
I ask myself, “Was Ray a Business Owner or was he an Entrepreneur?”
I think he was an Entrepreneur that ended up creating one of the best businesses of all time.
Did McDonalds create cows?
Did McDonalds create the potato?
Did McDonalds create the milk for the milk shake?
Ray Croc combined different products and created a Process that most of us could not see. He took a Risk and “Hey presto!” 60 years later McDonalds, is one of history’s great business stories. His story combined to make up the fast food industry.
Look at Colonel Sanders’ Great Chicken Recipe… we are sold it was the herbs and spices that made the day. I don’t think so…. it was a combination of factors.
Did the Colonel create the chicken?
Did the Colonel create the lettuce?
Did the Colonel create the oil that the chicken is cooked in?
Colonel Sanders was another Great Entrepreneur that took a Risk with combining things that were already there and then Created a World Class Business.
Entrepreneurs are our Driving Forces of Thought and Energy.
Combine great Entrepreneurs with great Business People you have a recipe for world class Performance.
I’m not saying that Entrepreneurs can’t be good at business ….I’m saying there are 2 different skill sets that are needed to be a great Entrepreneur or Business Owner, or
1). Risk Embracing, or
2). Risk Adverse…
I have not been able to come to terms of having both in me. The best example I can think of is my wife, Judy and me. I am an Entrepreneur. I embrace risk (and I know how to manage risk). Anna is a Business Owner. She is risk adverse and knows how to run businesses well.
The 2 concepts are Paradoxical… Opposites. And yet opposites attract. As in a marriage, there are differences with opposites in a business. And yet if the risk can be embraced and then managed well, the co-operation between the 2 Role Styles can truly complement one another to build something that is bigger than the sum of the individual parts. IE:
SYNERGY
Now Design your Thoughts that Create
“-Systems/Processes+”=1
Enter Design Tools of:
Unity is plural, @ a minimum of 2
“-Business Owner/Entrepreneur+”=1
JDS OUT
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