Upload
clive-wright
View
2.077
Download
3
Tags:
Embed Size (px)
DESCRIPTION
A lighthearted look at the commonest mistakes of entrepreneurs, based on the seven deadly sins.
Citation preview
The Seven Deadly Sinsof Entrepreneurs
Clive WrightCarbon Offset Global
•Pride•Avarice•Envy•Wrath•Lust•Gluttony•Sloth
Pride Defined• Commonest sin of entrepreneurs • A sense of superiority• A belief that only you are right• Treating others as inferior• Expecting “hero-worship”• The belief that “no one gets it”
Consequences of Pride
• Blocks help– Because you cannot see
• Destroys relationships– Because you cannot listen
• Hinders progress– Because you cannot delegate
• Repels true partners/advisors– Because you cannot trust
Avarice Defined• Excessive desire for money• To desire money for its own sake• To keep reward for oneself
Consequences of Avarice• Blocks thought
– Because you see only money• Destroys relationships
– Because you cannot share• Hinders business development
– Because the business comes last• Repels employees
– Because you will not reward fully
Envy Defined• “Comparisons are odious”• The green-eyed monster• Desire for what others have• Discontent due to others’
success• Focus on other businesses
Consequences of Envy• Blocks focus
– Because you see only others’ gain• Destroys peace of mind
– Because you are obsessively bitter• Hinders business creativity
– Because you are chasing shadows• Repels people
– Because you are unpleasant to be with
Wrath Defined• Resentful anger• Desire for revenge• Nursing hurts
Consequences of Wrath• Blocks clear thinking
– Because you see only your loss• Distorts your world-view
– Because you are focused on yourself• Hinders progress
– Because you are always looking back• Corrodes relationships
– Because you always looking for slights
Lust• An overwhelming desire for gain• Uncontrollable drive to win• Burning desire to acquire
Consequences of Lust• Sidelines ethics
– Because you can only see the goal• Destroys balance
– Because you are obsessively focused• Hinders objectivity
– Because you are chasing gratification• Isolates
– Because you are totally selfish
Gluttony Defined• Excessive consumption• Destructive resource usage• Grasping acquisition• Selfishness
Consequences of Gluttony
• Wastefulness– Because you cannot defer reward
• Chaos – Because you cannot plan
• Lack of Focus– Because you are self-gratifying
• Loneliness – Because you are unable to share
Sloth• Laziness• Procrastination• Inability to act• Slowness to respond
Consequences of Sloth• Missed Opportunities
– Because you cannot respond in time• Frustrated partners / employees
– Because you do not make decisions• Poor planning
– Because you will not commit• Inconsistent execution
– Because you do not follow through
Which are your Sins? • No one is perfect• We all have faults• With self-knowledge comes
change
What can I do?• Find people to complement you
– Look for real diversity• Encourage differences
– Don’t just tolerate!• Be aware of the dangers
– But do not swing to the opposite• Look for sustainable performance
– Be dynamic but not frenetic…
Thought then deed
•Target•Aim•Fire
Thank You