Below is an exerpt from my book “Billionaire in Training.” This is a sample of the teachings that I gave at Prairie Meadows on Wednesday, October 24.
So often I meet people who think they’re in business for themselves, and yet by my definition, they’re not. Let me explain. read more
Information: At this first stage being information the entrepreneur needs education in his choice area or interest. “Education” is a broad term that can have many meanings, but it is generally defined as the process of learning and acquiring information.
Entrepreneurship is a system of being self-employ with no breakdown as being condition with the problem, situation or challenges of unemployment in a given system. An entrepreneur is an agent of change.
Last year Merriam Webster’s dictionary stated that ”culture” was the most popular word of the year. Well, it has now become one of the most important words in corporate board rooms, and for good reason.
We have a retention crisis. New Deloitte research shows that culture, engagement, and employee retention are now the top talent challenges facing business leaders. More than half business leaders rate this issue “urgent” – up from only around 20% last year.
Over the past few years there have been many discussions around the death and disappearance of the office. Most believed that with co-working locations, the spread of wi-fi and mobility, and the rise of co-working locations that there would be no need for an office anymore. We would all work from anywhere and everywhere and this was of course a fair and reasonable prediction. But, it’s not entirely true. Our traditional idea of an office is in fact disappearing, that is the row of cubicles lined in a building that looks and smells like a hospital but the office itself is far from dead!
While most of your employees likely understand that their primary responsibility at work is — well — to work, I’m going out on a limb here and guessing that they don’t want to be treated like mindless drones in the process.
In today’s hyper-connected world, employees are making their voices heard: They want to join organizations that stand for something. They want to align themselves with a corporate culture that fits their own beliefs and values. A place where they can bring their best selves and contribute in ways that make a difference.
This model presents the perils of attempting sporadic organizational change. Unfortunately this model is used very often in organizations and the resulting failure gives the impression that change cannot be successfully conducted.
1. The process begins with the executive surfing the Internet around midnight. There are some really good ideas out there. Another organization’s success story really excites the exec. He thinks how nice it would be if that could be done in his organization.
I’ve heard some employees call frequent, questionable reorganizations “shaking up the bird cage”. You get a lot of noisy chaos and ruffled feathers flying, and at the end of the say, the same bunch would just be sitting on different perches, albeit a little dizzy from all of the cage rattling. Nothing else seems to change.