Learning Entrepreneurship Blog

Keep your Balance

 

Responding to Challenge #1:

Strategic Leadership & Management Effectiveness

Keep your Balance

balanceIt is easy for owner-managers to get pre-occupied by the daily demands for attention – chasing opportunities, resolving customer complaints, managing employee performance, satisfying business partners, governments and the bank.  Stepping back to look at the...

Read More

Entrepreneurial excellence: Challenge #1

9781496932259_COVER.inddThis article is from Chapter 4 of Uncle Ralph's, "Don’t Do It the Hard Way”.  Read the book.

Challenge #1: Strategic Leadership + Management Effectiveness

Start with a plan.

 As we started our e2eForum on a bright sunny spring morning, this was on the flipchart:

The Entrepreneur’s Challenge:

Strategic Leadership + Management...

Read More

Pricing your Business

Pricing your Business

Most business owners carry two numbers in their head – the monthly sales necessary for break-even and the selling price for their business. Both numbers may be wrong.

Break-even is more complicated than simply covering monthly operating costs and the selling price is not your ego-inflated idea of a selling price, but the value...

Read More

Enlightened Entrepreneurship – Part 3: The Action Plan

Enlightened Entrepreneurship – Part 3: The Action Plan

Enlightened Entrepreneurship requires us to practice it, promote it and defend it.

Does accepting that mission make us missionaries? Yes.

And the mission has a three part Action Plan:

  1. Practice enlightened entrepreneurship and lead by example for employees, customers, suppliers, strategic partners and stakeholders.
  2. Help other entrepreneurs be more enlightened and...
Read More

Enlightened Entrepreneurship – Part 2

Enlightened Entrepreneurship – Part 2

I have recommended the concept of enlightened entrepreneurship.  Others are also using the term, but we do not have a common understanding of “enlightened entrepreneurship.”Some people apply it to define a very spiritual or humanistic approach to business and others confuse it with social entrepreneurship, where the purpose of the business...

Read More

Enlightened Entrepreneurship

The need for Enlightened Entrepreneurship

My mission with LearningEntrepreneurship.com is to promote what I call “enlightened entrepreneurship.” I didn’t coin the phrase I’m sure, but here is my definition.

Enlightened entrepreneurship: business leadership that recognizes that doing better for the business also means doing better for employees and their families, for customers and suppliers, for communities and...

Read More