1 / 26

Entrepreneurship – the X factor

Entrepreneurship – the X factor. John Sewell. Greenlight Computers Limited & Concept Castle Limited Founder. MBA Bolton 2009.

sorena
Télécharger la présentation

Entrepreneurship – the X factor

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Entrepreneurship – the X factor John Sewell. Greenlight Computers Limited & Concept Castle Limited Founder. MBA Bolton 2009

  2. Greenlight Computers provide IT Support and outsourcing services to businesses in the North West. We have a comprehensive range of services, from setting up websites to full IT support. We provide onsite and cloud solutions and offer training, personal coaching and skills development services. • 0161 306 8509 • Email webenquiries@greenlightcomputers.co.uk • website: www.greenlightcomputers.co.uk

  3. "So, what made you decide to go into business for yourself?" "It was something my last boss said." "Really, what was that?" "You're fired."

  4. About me • Founder and owner of 4 companies. • MBA SBM Bolton University • FCMI • Roles from Ops to Global Mergers & Acquisitions. • Worked in Engineering, Textiles, Computer Mfg. • Age 52. Married. 2 teenage children.

  5. About Greenlight Computers Greenlight Computers provide IT Support and Outsourcing services to businesses situated in Manchester and throughout the North West. We have a comprehensive range of services, from setting up businesses with email, websites and IT infrastructure to providing full enterprise wide IT support. We provide onsite and cloud solutions. We also offer training, personal coaching and skills development services. Our customers cover many sectors, from legal to manufacturing, from private enterprise to public bodies and social enterprises. We design, implement and support the most appropriate IT support solution for the client. As the trusted IT partner we offer a "one stop shop" for all your IT needs. Our philosophy is to keep IT simple, keep IT working & keep IT secure. If you would like to know more about us why not contact us. Call us on 0161 306 8509 Email us at: webenquiries@greenlightcomputers.co.uk Take a look at our website at: www.greenlightcomputers.co.uk

  6. Academic and governmental push. Stimulating enterprise and entrepreneurship across our higher education institutions is now seen by many governments as fundamental to driving economic success and social cohesion. The European Union promotes the ‘fostering of entrepreneurial mindsets’ for all young people. In the UK, the government and devolved administrations encourage and support increases in the scale and diversity of students and graduates taking up entrepreneurial opportunities. The HE Enterprise Champions Project in the North West Region of England is supported by the NWDA, financed by EU funding Project awards have been provided to 5 institutions in Phase One and a further 5 in Phase 2. The project supports the creation of a Senior-Level Enterprise Champion who will act as a catalyst for change across the campus. The participating institutions are: University of Bolton University of Cumbria Lancaster University University of Liverpool Liverpool Hope University Liverpool John Moores University Liverpool Institute for Performing Arts Manchester Metropolitan University Salford University University of Central Lancashire

  7. One in four EU residents interviewed in December agreed their education made them interested in becoming entrepreneurs -- far fewer than said so in the U.S. and China.

  8. Can entrepreneurship be taught? Here's what the late Anita Roddick, founder of The Body Shop, had to say on the topic in her book, Business As Unusual: Dysfunction is the essence of entrepreneurship. I've had dozens of requests from places like Harvard and Yale to talk about the subject. It makes me laugh that ivy leaguers are so keen to "learn" how to be entrepreneurs, because I'm not convinced it's a subject you can teach. I mean, how do you teach obsession? Because it is obsession that drives the entrepreneur's commitment to a vision of something new. Potential entrepreneurs are outsiders. They are people who imagine things as they might be, not as they are, and have the drive to change the world around them. Those are skills that business schools do not teach.” She believed that the ingredients of that X-Factor are passion and vision. Source: 2010 | Sep 22 in Entrepreneurship , Home Page News By E-Myth Business Coach

  9. Can anyone become an entrepreneur? 'My message to graduating students here today is to dream; dream often and dream big. 'It is only recently that glamour and celebrity has become associated with entrepreneurship. Previously it was regarded as being a bit like Dell-boy from Only Fools and Horses. It is only in the recent past people have realised that enterprise and innovation is where a large proportion of employment and wealth in this country come from. 'Anyone can participate in being an entrepreneur. It isn't really about making money, although that can be a pleasant by-product of it, it is about making an impact and doing something with energy, passion until you are very, very good at it.' Source: Imran Hakim . Bolton University Fellow of Entrepreneurship

  10. Do I have the X factor? Atkinson: “This theory that anyone can become an entrepreneur is absolute nonsense. And what is terrible about that message is that it is making people risk their money and is therefore creating larger debts. It is just awful. I often have people saying they are going to sell everything and become an entrepreneur, and I say for goodness sake don’t do it. Very few people are wealth creators and it is really important that people realise where their strength lies.”

  11. Born or Bred?

  12. A to Z of entrepreneurial traits Ambiguity Beachhead strategies Commitment Destiny Effectual reasoning Focus Global Health Innovation Keep it real Leadership Meaning Never Giving Up Opportunistic People Quirky Risk Subjective Margins Timing Under the radar Value-add Work & Play X Factor You Zest

  13. Want the t-shirt?

  14. Why be an entrepreneur, is it ego? Richard Branson, said “Above all, you want to create something you are proud of… I can honestly say that I have never gone into any business purely to make money… I’ve had to create companies that I believe in 100%. These are companies I feel will make a genuine difference.” Source: 2010 | Sep 22 in Entrepreneurship , Home Page News By E-Myth Business Coach

  15. Management Today Top 100 entrepreneurs 2010 http://top100entrepreneurs.com/league_table.aspx

  16. Am I the right age? AgeUnder 25: 0.4%26-30: 1.6%31-35: 4.4%36-40: 18.5%41-50: 46.6%51-60: 25.7%61-70: 2.8%70+: 0.0% Average Age: 47

  17. Is my current job important? Current Role of the Entrepreneur CEO: 28.6%President or COO: 13.3%CFO or equivalent: 14.1%Head of Technology: 12.9%Chief Scientist: 3.5%General Counsel: 1.2%Head of an Operating Unit: 6.3%Head of Business Development: 9.4%Head of Marketing: 5.9%Head of Sales: 4.7%

  18. Should I have done it before? Number of Companies the Entrepreneur Has Founded0: 24.0%1: 30.4%2: 24.0%3: 13.6%4: 4.8%5: 3.2%6+: 0.0%Average: 1.5

  19. Are any sectors better suited? Industry of EntrepreneurBiopharmaceutical: 9.3%Business Services: 2.3%Computers and Electronics: 3.5%Construction: 0.8%Consumer Products: 2.3%Defence: 0.8%Financial Services: 0.4%Healthcare Services: 5.8%Information Systems: 3.5%Insurance: 0.8%Internet / SaaS: 7.8%IT Services: 0.8%Materials and Chemicals: 0.8%Media: 1.2%Medical Devices: 7.4%Nanotechnology: 0.8%Networking Technology: 8.6%Real Estate: 1.2%Semiconductors: 8.6%Software: 20.6%Telecom: 1.2%Wireless: 8.9%Other: 2.7%

  20. Do I have what it takes? If you can (honestly) say yes to six or more of the following questions then you have what it takes to be an entrepreneur: 1. Are you willing to take risks? 2. Do you have one or more goals you want to achieve? 3. Are you an optimist? 4. Do you make the most of opportunities? 5. Are you motivated and willing to work long hours? 6. Do you believe in yourself? 7. Can you bounce back after a setback? 8. Can you stand by your actions in spite of criticism? 9. Can you make your own decisions? 10. Do you have the potential to lead people? The Guardian 2002.

  21. Traits of a bad entrepreneur

  22. An organisational lifecycle Source: http://www.integratedsociopsychology.net/organisation_lifecycle.html

  23. What I have learned from running my own business? • Know yourself • Have a partner • Family • Be passionate about the finances • Make mistakes • Get outside your comfort zone. • Network, network, network. Then network • Have a burning platform • Commitment • Value your time, your expertise, your product/service • Build a great team • Focus on delivering excellent service • Be healthy • Seek, Listen, Learn, • Enjoy

More Related