Grow smartbiz 2010 rules for entrepreneurs

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November 5, 2010 Rules for Entrepreneurs GrowSmartBiz Conference 2010 Washington, DC 13 Rules Every Successful Entrepreneur Should Follow

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Transcript of Grow smartbiz 2010 rules for entrepreneurs

Page 1: Grow smartbiz 2010   rules for entrepreneurs

November 5, 2010

Rules for Entrepreneurs

GrowSmartBiz Conference 2010Washington, DC

13 Rules Every Successful Entrepreneur Should Follow

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Who the heck is this dude?

**Actor Fisher Stevens and Professional Snowboarder Steve Fisher beat me.

My Personal Site:http://StevenFisher.CO (not .com)

Based in Northern Virginia

16+ Years in Product Management, Marketing and User Experience

Steven Fisher (#3 out of 546 Steven Fisher’s on the Web**)

This Presentation:http://www.slideshare.net/stevenfisher

Publisher RulesForBusiness.com and SocialBizJournal.com

Recovering Serial Entrepreneur, Sometimes Angel Investor and Active Startup Advisor.

Currently work for SapientNitro.

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Good Health

Southern Methodist University's Cox School of Business – Entrepreneur Traits

What Makes an Entrepreneur Successful?

Need to Direct

Self-Confidence

Sense of Urgency

Comprehensive Awareness

Realistic OutlookConceptual Ability

Low Need for StatusObjective Approach

Emotional Stability

Emotional StabilityRealistic Outlook

Low Need for Status

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Entrepreneurs Come in All Shapes and Sizes.

Source: http://piras.blogautore.espresso.repubblica.it/files/2010/03/refaceme-southpark-01.jpg

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“You Have to Know Which Rules to Follow So You Can Succeed at Breaking the Rest of Them.”

Rules? Aren’t We Supposed to Break the Rules?

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The Rebel Rule:“Don’t Settle for Mediocrity. Be An Innovation Rebel.”

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The Cash Rule:“Cash Is Not Just King, It’s The Whole Kingdom.”

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The Uncertainty Rule:“Uncertainty Leads to Opportunity, Embrace It.”

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The Growth Rule:“Don’t Work For Your Business, Run Your Business.”

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EXERCISE: “HIGH FIVE”

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High Five Exercise

Determine the Top Five Objectives for the year will be.

Keep that in mind when doing tasks every day.

Write them down now.

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The Failure Rule:“Failure Is Not Just An Option, It is a Requirement.”

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The Resilience Rule:“You Can Bounce Back If You Don’t Get Stretched.”

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The Trust Rule:“People Won’t Follow You If They Don’t Trust You.”

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The Inner Circle Rule:“You Are Only Successful As Your Inner Circle.”

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EXERCISE: “CIRCLE OF INFLUENCE”

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Circle of Influence Exercise

Draw up the top 5-7 people you consider the most influential in your decision making process.

Write them down now.

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The Mirror Rule:“You Reflect The Brand Of You and Your Company.”

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The Replication Rule:“Replicate Yourself So You Can Replicate Success.”

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The Recharge Rule:“If You Don’t Recharge, You Can’t Be In Charge.”

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November 5, 2010Source: http://michael.hightechproductmanagement.com/2006/12/seven_traits_of_successful_pro.html

EXERCISE: “RECHARGE”

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Recharge Exercise

List the five fun things you want to do next year that don’t involve work – vacation in europe, cooking class, movies, write a short story.

Write them down now.

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The Pulse Rule:“Understand Your Business Heartbeat Or You’ll Flat Line.”

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The Passion Rule:“Without Passion You Will Not Succeed.”

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The Cash Rule: “Cash Is Not Just King, It’s The Whole Kingdom.”

13 Rules for Every BusinessThe Rebel Rule: “Be An Innovation Rebel.”

The Uncertainty Rule: “Uncertainty Leads To Opportunity, Embrace It.”The Growth Rule: “Don’t Work For Your Business, Run Your Business.”The Failure Rule: “Failure Is Not Just An Option, It is a Requirement.”The Resilience Rule: “You Can Bounce Back If You Don’t Get Stretched.”The Trust Rule: “People Won’t Follow You If They Don’t Trust You.”

The Inner Circle Rule: “You Are Only Successful As Your Inner Circle.”

The Mirror Rule: “You Reflect The Brand Of You And Your Company.”

The Replication Rule: “Replicate Yourself So You Replicate Success.”

The Recharge Rule: “If You Don’t Recharge, You Can’t Be In Charge.”The Pulse Rule: “Understand Your Business Heartbeat Or You’ll Flat Line.”The Passion Rule: “Without Passion, You Will Not Succeed.”

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Questions?

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