How to be successful as an entrepreneur

Ken Blanchard

What does it take to be a successful entrepreneur?

• You must be passionate about what you're trying to achieve.

• Focus intensely on your opportunity.

• Success only comes from hard work.

• The road to success is going to be long, so remember to enjoy the journey.

• Trust your gut instinct more than any spreadsheet.

• Be flexible but persistent.

• Rely on your team.

• Execution, execution.

• Be honest and show integrity.

• Appreciate your success by giving back.

Characteristics of a successful entrepreneur

• Planner

• Manage money wisely

• Become a shameless self-promoter (without becoming obnoxious)

• Invest in yourself

• Be accessible

• Master the art of negotiations

• Get and stay organized

• Take time off

• Limit the number of hats you wear

Ken BlanchardSuccessful Entrepreneur

Three simple goals

• To make a difference in people’s lives

• To drive human worth and effectiveness in the work place

• To help each organization we work with become the provider, employer, and investment of choice

Ken Blanchard Companies

• Situational Leadership Development- Improve leadership skills required to partner for performance at each stage of development

• Organizational Leadership- Build distinctive leadership capabilities at all levels

• Executive Development- Leaders who possess greater self-insight lead with greater confidence and effectiveness

• Skill Training Modules- Revive and Nurture Relationships by Learning to Talk about Trust

• Engagement and Cultural Change- Revive and Nurture Relationships by Learning to Talk about Trust

One minute manager

• 1. One Minute Goal Setting: outlining, with the employee specific goals, benchmarks and consequences (good and bad)

• 2. One Minute Praisings: Catching someone doing something right, and recognizing them for it.

• 3. One Minute Reprimands: Catching unproductive or negative behavior immediately, and explaining to the employee what the consequences have been.

Lead Like Jesus

• Heart—What is your motivation as a leader

• Head—What are your beliefs and viewpoints about leadership

• Hands—Do you set clear goals and measure performance, consistently following up with those you lead?

• Habits— How do you refresh and renew yourself as a leader?