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David White (CEO DRG Outsourcing) looks forward to sharing his path and thoughts on an Entrepreneurial Journey at the Three Peaks Interactive Entrepreneurial workshop on 20th July 2012. Each Entrepreneur walks a different path towards their goals and successes, but there are many elements/activities that are common in each journey.Entrepreneurs need to believe in themselves and their vision, but also need to have the foresight to draw in skills and resources to help them achieve their dreams.History shows that virtually no successful entrepreneur has walked an easy path. They have had their challenges and hardships, but always there is something that keeps the fire burning and dream alive.David will speak through what he believes are common elements/activities in an Entrepreneurial Journey, and share his thoughts and understanding on what it is that keeps the fire burning and dream alive.
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Your partner in professional and reliable human resource management solutions www.drg.co.za
Path of an Entrepreneur
Keeping the Dream Alive
by David White
20th July 2012
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• What are we…
• What is my story…
• What keeps us going…
• What others teach us
about the path…
• What are we doing today…
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Defining the Entrepreneur
• Entrepreneurship is the act of being an entrepreneur or
"one who undertakes (innovations, finance and
business acumen) in an effort to transform innovations
into economic goods". Wikipedia
• “Entrepreneurship may
be defined as the pursuit
of opportunity without
regard to resources
currently controlled”.
Stevenson
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Modern Day Shaman
• We are the Modern day
Shaman bringing the
invisible Vision from
within our Minds into
Physical Form that all can
Benefit from.
• We need to own the
responsibility to lead
our team into greener
pastures.
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Entrepreneur vs. Employee • Entrepreneur
– Passionate about new and better ways
of doing things
– Stimulated by new opportunity
– Risk amenable
– Pliable mind and able to think laterally
– Not adverse to standing alone
– Often really good at one thing
– Driven by survival
• Employee – Like structure and leadership
– Like planned and detailed methodology
– Like to be part of an orderly team
– Quite often a generalist
– Prefer stability rather than uncertainty
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My Story
• Every Entrepreneur has a Story..
• Every Entrepreneur has a Dream.!
• It is “ Our Story, Our Passion, Our Dream” and is something
that is fuelled from within Ourselves. It only becomes
extinguished if We Ourselves decides to give up Our Believing.
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The Business of the Business
• Most start-up businesses fail
• The Idea, Vision, Opportunity,
is not the Business, it is
merely the Originator or the
the Passion of the Business.
• Business Platform.
• Business Mentors.
• Focusing on Core Activities, and draw in professional
skills to perform the other Business Activities.
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Use Your Imagination • “An act or process of forming a conscious idea or mental image of
something never before wholly perceived by the one forming the image.” Wikipedia
• “Imagination is more important than Knowledge.” Albert Einstein
• “What is now proved was once only imagined.” William Blake
• “If you don’t dream the impossible, impossible dreams can’t come
true!” Sandra Golden
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Be Original • Any one who has been really
Successful in life has been Original.
• A Copy on the Screen of Life has
no Value.
• Be the Best you that you can be,
be yourself.
• Learn to think for yourself.
• If you act from the heart it has the
strength to overcome unbelievable challenges.
• “There needs to be something unique about your Dream
and Offer. Something that stands out as being, Exciting,
Exceptional, Special, Attractive, Different,
from other offers in the Market.” Sandra Golden
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Keep it Simple
• If you can not explain it Simply,
you Simply do not understand it
well enough yourself.
• “The Simplicity on the other
side of Complexity.” Tony Burnham
• “Everything should be made
as simple as possible, but not
Simpler.” Albert Einstein
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Live your Dream Personally
• You must personally live your dream, believing you will succeed.
• “Nothing happens unless we first Dream.” Carl Sandburg
• “If you can dream it you can do it.” Walt Disney
• A person who never made a mistake never tried anything new.” Albert Einstein
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Share Your Dream
• Allow others to own a piece
of the dream. Great leaders
allow others to counsel them;
it’s more fun when you can
share success. It’s not fun
celebrating alone.
• Let these people contribute towards the
company’s Mission and Vision
• “You can dream of and design the most wonderful
places in the world, but it requires people to
make the dream a reality.” Walt Disney
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Pursue your Passion • Find a purpose larger than money.
Often when we go after money it
becomes illusive. Or we get our
wealth and loose our health and
purpose.
• Remember we are all exceptionally
good at something we really enjoy
doing.
• “The inclination of my life – has
been to do things and make things which will give
pleasure to people in new and amazing ways. By doing
this I please and satisfy myself.” Walt Disney
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Hire Exceptional People
• Hire exceptional people
who want to Succeed;
they will find a way.
• Surround yourself with
people that are as
positive as you are about
what you love doing.
• Remember that Two Heads are better than One
• Realise that different people are right for
different functions in the business
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Let Others Challenge You
• Be willing to let others challenge you and your
idea. Give them space to be honest in letting
you know how and why they think you may fail.
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Stay in the Race
• Winners are people that stay
in the race.
• Fake it till you Make it.
• “I have not failed. I have
just found 10,000 ways that
won't work." Thomas Edison
• "Many of life’s failures are
people who did not realize
how close they were to success
when they gave up.” Thomas Edison
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Do Not Fear Failure
• Incredibly successful people who
earned fame and fortune only after
making notable missteps. In fact,
some of the most influential and
wealthy people were at least briefly
considered to be losers who would
never amount to anything.
• The lessons learned: Never, never,
never give up, and that nothing of
value comes easy even for those who make it look easy.
• "The business empires built by successful entrepreneurs were
erected on the foundation of past failures."
Ajaero Tony Martins
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Be Self Motivated
• It is your Dream, Your Story, and You must have a Reason,
and find the Strength, to keep it Alive.
• Learn to rely on yourself, and not on others.
• “If you think you can do a thing, or think you can’t do a
thing.. YOU’RE RIGHT!!” Henry Ford
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Richard Branson
• Richard Branson is one of the entrepreneurs that inspire
most people. He has gone through thick and thin; and
has been on the verge of business failure on countless
occasions.
• “To be successful, you have
to be out there, you have to
hit the ground running, and
if you have a good team
around you and a fair share
of luck, you can make it happen”.
Richard Branson
•
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JK Rowling
• While writing her first Harry Potter Book
Rowling was suffering from Depression.
• She was battling to come to terms with
her mothers death.
• She was going through a challenging
divorce.
• When the book was finished she was
rejected by 12 publishers.
• Eventually a shall publishing company
agreed to publish her book, but only 1000
copies, and half went to libraries
• Now she wealthier than Queen Elizabeth II
• "Failure is so important. We speak about success all the time. It is the ability
to resist failure or use failure to lead us to greater success.”
JK Rowling
-
-
-
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Albert Einstein
• Albert Einstein did not speak until he was
four years old, and didn't read until he was
seven.
• His teacher described him as “mentally
slow, unsociable and adrift forever in his
foolish dreams."
• He was expelled and refused admittance
to Zurich Polytechnic School.
• The University of Bern turned down his
Ph.D. dissertation as being irrelevant and
fanciful.
• “Great spirits have always encountered violent
opposition from mediocre minds.” Albert Einstein
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Donald Trump
• Real estate billionaire that
has gone through bankruptcy
twice in his life.
• Personal debt of $1 billion
• Corporate debt of $9 billion.
• Estimated current personal
wealth $7 billion.
• "Sometimes by losing a battle,
you will find a new way to win
the war.” Donald Trump
• “Sheer persistence is the difference
between success and failure." Donald Trump
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Henry Ford
• Henry Ford's first automobile company
dissolved due to customer complaints
of high prices and low quality.
• His second company failed due to a
dispute with a consultant.
• His third effort almost failed, too, when
low sales made it impossible to pay
investors. In the end, angel investors
saved the troubled business.
• The company's net income
for 2009 was $2.7 billion.
• "Failure is just a resting place. It is an opportunity to
begin again more intelligently." Henry Ford
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Walt Disney
• Walt Disney left dropped out of school at 16
• He was fired by a newspaper editor
for lack of ideas.
• He went bankrupt more than once.
• He leveraged everything in terms of assets
in order to build his studio and his films.
• The more profit one project yielded, the
bigger the next would be. His vision was
constantly growing, and he used whatever
capital he had to allow that vision to evolve.
• “All the adversity I've had in my life, all my troubles and obstacles,
have strengthened me... You may not realize it when it happens, but
a kick in the teeth may be the best thing in the world
for you.” Walt Disney
.
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Cornel Saunders
• Saunders at 65 opened first diner.
• The road outside his diner was
then bypassed.
• He then travelled to up and down to
different restaurants to cook his 11
herbs and spices chicken
• Five years later he had 40 franchises
• At seventy five he sold the business
for $ 15m
• "There's no reason to be the richest man in the
cemetery. You can't do any business from there." Cornel Saunders
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Powerful Beyond Measure
“Our deepest fear is not that we are inadequate.
Our deepest fear is that we are powerful beyond
measure. It is our light, not our darkness that most
frightens us. We ask ourselves, Who am I to be
brilliant, gorgeous, talented, fabulous? Actually,
who are you not to be? You are a child of God.
Your playing small does not serve the world.
There is nothing enlightened about shrinking so
that other people won't feel insecure around you.
We are all meant to shine, as children do. We were born to make
manifest the glory of God that is within us. It's not just in some of us; it's
in everyone. And as we let our own light shine, we unconsciously give
other people permission to do the same. As we are liberated from our
own fear, our presence automatically liberates others.” Nelson Mandela
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What are you doing Now
• “The best time to plant a tree is 20 years ago –
the next best time is Now.” Chinese Proverb
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Living your Dream
• “Success is not final, failure is not fatal; It is the
COURAGE to continue that counts.” Winston Churchill