It’s in the inherent nature of entrepreneurs to want to be challenged, to want to be invigorated, and want to try new things. Entrepreneurs constantly want you pushing the limit. One feedback we get from many entrepreneurs is that at some point in the business lives, they get bored. They feel the need to do something new. We’ve talked a lot in earlier blogs about economic specialization, focus, and creating something of extreme value. The entrepreneur’s time should be used to increase the most value, and delegating and using a team to provide other services and activities which aren’t in the very core of what an entrepreneur does best and for the most value added. This is yet another instance.
What we see with many entrepreneurs as they’re progressing and running their business, they want to be working on the plan. They want to be working on development. They want to be building the growth to what the future is, but they often don’t enjoy the repetitive tasks. The great business guru in Dallas, Lin O’Neill (http://www.futures-consulting.com/about/) , once told me that entrepreneurs only want to do things once, and then they want to move on to something else. I think this is very true. How do you build your organizations around this? The key is to make sure everybody is rowing in the same direction, and the entrepreneur’s being used for unique, new, things.
There truly are different skill sets in the world. Some people enjoy the routine. They like having a method. They like coming in and doing the same thing over and over and over, again. Whereas other people like to be challenged and have different things, and have things change. What we need as a matter of a team is to blend these two. We want some team members who want to repeat a process and do it over, and over, and over, again. We want other team members who are constantly evolving, and breaking into new ground, and trying new things. The beauty is, when you blend these two together, you get an organization which supports its routine functions, but then also can grow and do new things. It’s the blending that’s key. This is yet another instance where economic specialization and focus can come in and bring your organization to a higher and higher level.
What are you seeing? What have you seen in your organizations? How have you specialized? How have you used the team to allow you to do greater and better things? How does your company’s personality reflect your personality? Drop us a note in the comments below, and let’s discuss.
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This posting is intended to be a tool to familiarize readers with some of the issues discussed herein. This is not meant to be a comprehensive discussion and additional details should be discussed with your attorneys, accountants, consultants, bankers and other business planners who can provide advice for your circumstances. This article should not be treated as legal advice to any person or entity. Freeimages.com/photographer Slavomir Ulicny.
About the Author
Shawn McBride is the Chief Innovation Officer at McBride For Business, LLC. His signature keynote, The 3 Laws of Empowerment (www.rshawnmcbridelive.com) , gives audiences an entertaining look at how they can prepare, plan and protect themselves. You can reach R. Shawn McBride at firstname.lastname@example.org or (214) 418-0258.
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