Entrepreneurial SeizureThe excitement of independence associated with getting rid of the boss is almost always fueled by a flawed understanding of what being on your own means.

Michael Gerber The E-Myth

“An entrepreneur is someone who is allergic to bad bosses or bosses in general.”

Jim Bagnola

Definition of an Entreprenuer by Fred Gratzon founder of The Great Midwestern Ice Cream Company

and Telegroup

Author of “A Lazy Way To Success”

“An entrepreneur is someone who will do ANYTHING to avoid getting a job.”

Fred Gratzon

The Entrepreneur recognizes an opportunity, adds innovation and takes a calculated risk in its execution. Dr. IR Ciputra

.

I realized that if the precious competency of entrepreneurship could lead me to such success, that competency should be shared for the betterment of the world.

Entrepreneurship: How to turn dirt and scrap into gold.

Dr. Ciputra

SOCIAL ENTREPRENEUR

innovateIt is easier to innovatethan to invent.

betterIt is easier to make things better than to make things up!

What we need is 10-20 seconds of

Courage.

16

Real Courage is not overcoming the fear

of failure.Real courage is taking action and accepting the fact that we may

not succeed.17

Petru Four Chairs

18

19

Jeff Hoffman

Co-founder of Priceline.com

This year 12 billion in sales.

From research by Larry Farrell

EntrepreneursEntrepreneurs need four need four things to things to succeed.succeed.

Inspiration.Education.Infrastructure.Mentors

Access to capital, incentives to invest, proper business laws.

EVERYTHING BEGINS WITH A SIMPLE SEED IDEA TO CREATE SOMETHING MIXED WITH A PASSION FOR ITS SPROUTING AND GROWTH

From research by Larry Farrell

Entrepreneurs and startups are important to the economy.

They solve real problems.

They create new jobs.

They respond quickly and keep innovating.

Why do people become entrepreneurs?

To solve a problem.To change the world.To be independent.To make money.To give back.

Get Yourself In Order

• You are the DNA of the business• The founder/manager is on stage every

minute of every day• It is your daily behavior not your words

that count• What rituals and practices do you follow?• What do you reward and penalize?• Do you compromise your values?

Creator of Culture

The beliefs that mold great organizations frequently grow out of the character, the experiences, and the convictions of a single

person. More than most companies, IBM is the reflection of one individual, my father

T.J.Watson.

Thomas Watson, Jr. Past Chairman of IBM

You can’t do it alone

Success is a Team sport

Four Most Important Words: You Can Do It!

Sol Waksman Founder of Barclay Hedge Fund Indices and Trading Co.

Get Ready for obstacles and resistance. They are natural to the process.

Life is a festival of disruptions.Resistance grinds off rough edges. (like grinding a diamond)

Four Practices of the World’s Great Entrepreneurs

• Sense of Mission• Customer/Product Vision• High Speed Innovation• Self-Inspired Behavior

From research by Larry Farrell

High Speed Innovation

• Improve something––anything––every day

• Speed up action: Create a sense of urgency

• Wipe out bureaucracy: Grow big by staying small

What do Entrepreneurs Really Want?

A. Total ControlB. Big MoneyC. To Do GoodD. Power and InfluenceE. Managing PeopleF. VarietyG. Intellectual ChallengeH. All the Above

Ranking of What Entrepreneurs Want(Men 20s and 30s)

1. Autonomy2. Power and Influence3. Managing People4. Financial Gain

Ranking of What Entrepreneurs Want (Women 20s and 30s)

1. Autonomy2. Power and Influence3. Managing People/ 30s Variety4. Altruism

What is the initial cost of a start-up?

1. UPS $1002. Black and Decker $12003. Clorox $5004. Marriott (A&W Root Beer) $3,0005. Hewlett Packard $5386. Johnson Publishing $4007. Dominos Pizza $9008. Nike $1,000

What is the initial cost of a start-up?

1. Electronic Data Systems(EDS) $1,0002. Body Shop $6,0003. Apple Computer $12504. DHL -0-5. Fawcette Publications -0-6. Telegroup -0-7. The Leadership Group International -0-

What is the initial cost of a start-up?

The current list of the Fortune 500 roster shows 41% started with less than $10,000and 33% started with less than $1,000

Never Stop Learning!

You must continue to learn to Lead! Leading means getting followers.You will get Bankers, Investors, Lenders Customers, Employees, Partners, Vendors , Government and other Businesses to follow you.