Last month, Ken Blanchard released his latest book, The One Minute Entrepreneur. In it, he traces the fictional Jud McCarley as he starts up a new speaking business. Don’t get me wrong, it’s all good stuff: short, pithy advice from a proven author. (Not sure why it took three authors to write it, but that’s another story.)
I counted up about twenty attributes of a successful entrepreneur: optimism, vision, resourceful, etc.
Heck, there are waaaaay more than 20. Here are two more (out of 100) of my own learnings. And today, over at US News and World Report, I dropped off two more, Number 23 and Number 84. Mine only take about 30 seconds to read…so there, Ken.
71. Assume goodwill; but audit, measure and lock the
doors.
I really believe in the inherent goodness in most people. This is true of
your employees, customers and any other stakeholder you might have
in your new business. In other words, don’t go out looking for trouble
where none exists. At the same time, realize that nothing gets improved
until it gets measured. Only then can you understand if you got the
result you needed…without concrete measurement devices, you are
running a hobby business. Lastly, lock the doors. I loved my kids, but I
still checked the liquor cabinet.74. No one will like change, except you.
It always happens. You are off and running and your team suddenly discovers a new found ability to avoid risk. This lack of flexibility will morph into avoiding almost anything new and different; and trust me, you are not to financial heaven quite yet—you must change and adapt when the conditions warrant it. You must always be on the lookout for new ways of doing things, of new products that fit and new customers. You might be the only one in the company
truly comfortable with ambiguity. Recognize this fact, and tolerate this
resistance. Think of the resistance to your creative nature not so much as a governor, but as voices of reason and carefulness. They mean well.
Just don’t let them start patting you on the head like old Uncle Curly
who has alzheimers.
There are 96 more here. *Maybe I should use this title?





2 users commented in " The 30-Second Entrepreneur.* Thanks, Ken. "
Great stuff (as usual) GL. Both of your favorites are top-notch, but #74 really is a lesson for everyone – whether an owner, leader or front-line associate.
We’re all human. We all have strengths and weaknesses. The greatest teams in the world find a way to overcome their flaws, magnify their strengths and become stronger than the sum of those flawed, human parts.
If you’re standing at the water cooler snickering about other people’s problems and blaming someone other than yourself for not getting the results you want, look in the mirror. Ask yourself one question – “What can I DO to change this situation for the better?”
Stay focused,
-Mike
Great comment Mike.
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