Creating the Entrepreneurial Mind Set

BY Mike Foti

There is no such thing as an entrepreneurial company! Yes, you heard that right. Only people who combine a vision for a better way with an action plan to make it happen are entrepreneurial. The challenge in our organizations is to combine “visionaries” with “do-ers” who are able to motivate others to contribute to a worthwhile purpose. How might we do this?

  • “Begin with diversity in mind” – Mix “left-brained” visionaries with “right-brained” doers to collaborate around an issue, topic, problem or strategic plan. Look to include different ages, genders, and races to broaden perspective. 

  • Outrageous ideas are required! – We are limited by what we already know. In the “idea stage” put forward ideas without first thinking through their practicality. Combinations of various ideas generally drive the best plans. 

  •  Name that vision in “X” words or less – Powerful visions are big, simple to communicate, and provide a goal or purpose that motivates people. Simplify the vision to the minimum number of words that are possible. 

  • Make a plan and don’t check it twice – Look to develop a “good plan” that can be implemented vs. the “perfect plan” that never gets off the drawing board.

  • Be an “accountable matchmaker” – Assign people responsibilities to the plan that match their skills and interests and identify benchmarks and time frames for completion. Launch into action, learn as you go, and adjust “on the fly.” 

  • Celebrate victories and move up the bar - Celebrate achievements by spreading out the accolades freely and then move up the bar to minimize complacency. 

An entrepreneurial mind-set begins inside each one of us. Successful entrepreneurial leaders will draw out and coalesce the ideas of their people; unleash their talents on the plan; adjust the plan through setbacks; celebrate the victories; and begin to raise the bar again.

If you would like to have Mike speak to your group consider the following programs:
"How to Create and Inspire a Winning Team"
"Leading from the Trench"

If you want to get Mike's insights on this topic in one on one sessions click here.

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Mike Foti is Chief Executive Officer of Cleveland Glass Block (a Northcoast 99 recipient for best employers in Northeast Ohio and a Community Pillar Award winner for community service) and President of Leadership Builders. Mike is a national speaker, writer, and consultant who helps individuals and companies get results through people. To ask Mike how he might help you, or to receive his free tips and leadership articles, call 216-531-6085 or visit his web site at www.leadershipbuilders.com.


 

 


Leadership Builders
1223 East 222nd St.
Euclid, Oh, 44117



 

mfoti@leadershipbuilders.com
Tel. 216-531-6085
Fax. 216-531-2388

 

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