copyright 2007, lean capabilities international pty ltd is business ownership really for you ?...

Copyright 2007, Lean Capabilities International Pty Ltd

Is Business Ownership Really for You ?

“Before You Quit Your Job”

Copyright 2007, Lean Capabilities International Pty LtdCopyright 2007, Lean Capabilities International Pty Ltd

Entrepreneurship define Entrepreneurship define as...as...

The pursuit of opportunity without The pursuit of opportunity without regard to resources currently regard to resources currently

controlledcontrolled


FREEDOM – HOW MUCH DO FREEDOM – HOW MUCH DO YOU REALLY WANT IT?YOU REALLY WANT IT?

"If you become a successful entrepreneur, you will come to know a freedom very few people will ever know. It is not simply a matter of having a lot of money or free time. It is the freedom from the fear of fear itself."

Robert Kiyosaki's “Rich Dad Poor Dad”


WHAT MAKES ENTREPRENEURS WHAT MAKES ENTREPRENEURS DIFFERENT DIFFERENT

They have the ability to operate sanely and intelligently without They have the ability to operate sanely and intelligently without moneymoney

They know how to spend money, even if they have no moneyThey know how to spend money, even if they have no money Employees desire security and entrepreneurs seek freedomEmployees desire security and entrepreneurs seek freedom They are always looking for opportunities rather than resourcesThey are always looking for opportunities rather than resources They keep the organization small and leanThey keep the organization small and lean They do not want to climb the corporate ladder; they want to They do not want to climb the corporate ladder; they want to

own the corporate ladderown the corporate ladder They learn to use other people’s resourcesThey learn to use other people’s resources They have different management styles to manage different They have different management styles to manage different

peoplepeople They have the ability to manage people and resources they do They have the ability to manage people and resources they do

not controlnot control They are team and value oriented rather than pay and They are team and value oriented rather than pay and

promotion orientedpromotion oriented They are active learner – no graduation dayThey are active learner – no graduation day They have generalized education rather than specializedThey have generalized education rather than specialized They have the They have the couragecourage to be accountable & responsible for the to be accountable & responsible for the

entire business; no excuses!entire business; no excuses!


DO YOU PLAY ABOVE OR DO YOU PLAY ABOVE OR BELOW THE LINE ?BELOW THE LINE ?

OwnershipOwnership

AccountabilityAccountability

ResponsibilityResponsibility

BlameBlameExcusesExcusesDenialDenial


3 FROGS ON A LOG3 FROGS ON A LOGONE DECIDED TO JUMP IN..ONE DECIDED TO JUMP IN..

HOW MANY WERE LEFT HOW MANY WERE LEFT ??

THREETHREE…. HE ONLY …. HE ONLY DECIDEDDECIDED HE HE DIDN’T ACTUALLY JUMP !DIDN’T ACTUALLY JUMP !

"The world is filled with want-to-be "The world is filled with want-to-be entrepreneurs. ... Most will have some excuse, entrepreneurs. ... Most will have some excuse, some rationalization,…But they never take action some rationalization,…But they never take action and jump"and jump"


THE BIGGEST OBSTICLE TO THE BIGGEST OBSTICLE TO OVERCOME ….OVERCOME ….

Entrepreneurs manage their fearsEntrepreneurs manage their fears Making a mistake or fear of failure Making a mistake or fear of failure

will hold people back from successwill hold people back from success Fear is often disguised as perfectionismFear is often disguised as perfectionism If you have the mind-set and toughness of a If you have the mind-set and toughness of a

farmer, you will make a great entrepreneurfarmer, you will make a great entrepreneur Do you have control of your fear or does your Do you have control of your fear or does your

fear control you?fear control you?

FEAR – Future Emotion Appearing Real….


3 PARTS TO PULLING TOGETHER A 3 PARTS TO PULLING TOGETHER A BUSINESS DEALBUSINESS DEAL

FINDING THE RIGHT PEOPLE

FINDING THE RIGHT OPPORTUNITYFINDING THE MONEY


13 KEY QUESTIONS TO ASK YOURSELF ??13 KEY QUESTIONS TO ASK YOURSELF ?? 1. Why do I want to own my own business?1. Why do I want to own my own business? 2. How badly do I want to own my own business?2. How badly do I want to own my own business? 3. At what level of play do I want to play the game?3. At what level of play do I want to play the game? 4. At what level of play am I willing to extend 4. At what level of play am I willing to extend

myself to play the game?myself to play the game? 5. Am I willing to spend the time to learn about 5. Am I willing to spend the time to learn about

other successful entrepreneurs and their other successful entrepreneurs and their businesses?businesses?

6. Am I afraid to fail?6. Am I afraid to fail? 7. Can I turn my fear of failing into a strength that 7. Can I turn my fear of failing into a strength that

will help me drive the business?will help me drive the business? 8. Can I learn from my mistakes?8. Can I learn from my mistakes? 9. Can I build a team, or do I like to work by 9. Can I build a team, or do I like to work by

myself?myself? 10. Am I willing to pay the price?10. Am I willing to pay the price? 11. Am I willing to put in the time now to be 11. Am I willing to put in the time now to be

rewarded later?rewarded later? 12. Am I self motivated, or do I need a boss to tell 12. Am I self motivated, or do I need a boss to tell

me what to do?me what to do? 13. Am I willing to delay financial rewards until the 13. Am I willing to delay financial rewards until the

business succeeds, or do I need a paycheck?business succeeds, or do I need a paycheck?


Do you have the courage to take control of your own life?

Do you believe in your own abilities to create security and success?


Are you an employee

Or

An Entrepreneur?


Contact info:Contact info:

copyright 2007, lean capabilities international pty ltd is business ownership really for you ?...

Documents

fear of fear

money slide

fear of failure

perfectionism fear

success fear

level of play

different people

entire business