The Entrepreneur Breakthrough Mindset by Master Resale - HTML preview

Wrapping Up

Discipline Necessary For Entrepreneur Breakthrough

An individual with a mindset of an entrepreneur and who has established a register of opportunities must start asking the question of how to plan and administer the initiatives whose outcomes as well as directions are unknown. The answer involves the entrepreneur planning through discovery; this is the approach that prompts the entrepreneurs to act and makes them learn the successive re- adjustment thorough attention to the evolution of the strategy. However, it is not possible for one to determine the strategy beforehand, the approach puts a major stress on the reflection process and analysis. A planning that is discovery-driven is very much different from conventional methods of planning, which emphasizes trying to visualize the end result and then steadying the corporate distribution of resources to accomplish the somewhat unsubstantiated goals.

Conventional planning in the context of ambiguity is dangerous and suspicious and on the contrary the planning that is discovery driven and its disciplines are most useful. The conventional planning is based on guidelines of the past precedents and experiences, whereas the planning driven on discovery is focused on new patterns entirely. Keeping this in mind, the six major disciplines of the discovery-driven planning structure stabilizes the conventional attention to expenses and cash flow with the progressive contribution of creativeness and original ideas.

The major disciplines that are required for becoming breakthrough entrepreneurs and to achieve the desired goals are as follows:

• The mentality of the entrepreneur must be a persistent one in the case of the business. One must not be easily shaken up or must not give up quickly. The focus on the goals must be so strong that small obstacles or failures must not have the power to divert you from the path.
• An entrepreneur must be committed to devoting his entire energy and time to the ideas that are at hand. Until the time that their ideas have not been implemented and not shown a tangible result, the entrepreneur must give all that he can in order to achieve his goal.
• A successful entrepreneur is the person who is a people’s person, the one who likes to work among the people rather than working alone. It is highly required that an entrepreneur has the experience of dealing with people of all the spectrums of various personalities.
• The focus of the entrepreneur must be on the solution and must not be on the problem. The habit of fault finding is a major set-back, mulling over the problem may only break the confidence and not give you any solution. Hence it is required from the entrepreneur that he puts his entire focus on getting the solution of the problem.
• There must be a willingness on the part of the entrepreneur to share the credit and success with the members of the team. Even though the entrepreneurs stand alone in decision making, they require a supportive team to implement and put their ideas into practice. So it is very important that effort of each member is recognized in order to become a successful entrepreneur.
• There must always be a quest and desire to do something new, a new idea, a new technology or venture. The entrepreneur must never be content with the accomplishments that he/she has gained. As soon as their ideas have shown success and is drastically evolving the business the entrepreneur must move on to a new venture or start improvising the idea to a whole new dimension.
• Innovation and creativity must be the mantra of every breakthrough entrepreneur. The attitude of ‘no fixing if it is not broken’ is not the cup of tea of an entrepreneur. Constant experimentation and trying out something unique and new must be the top priority of a breakthrough entrepreneur. It is basically the bread and butter of an entrepreneur.
• There must be adequate resources backed-up by the aspiring entrepreneurs. Apart from being cost effective an entrepreneur must be wise in investing his money on the new ventures and innovative ideas that have the possibility of not going as planned. There must always be a situation well-planned and a back-up plan if in case the plan back-fires.
• An entrepreneur looking for success must always be open for learning throughout his life. If the mind-set of an entrepreneur is that he has the complete knowledge then that would be the road-block on the path of progress for him. He must be always open for new ideas from no matter where and from whom it comes. He must be well informed and well versed with the latest technologies and inventions in almost all the different fields. The entrepreneur who is ready for investing in learning is the one who is destined to reach high goals.
• Finally the entrepreneur lives out and knows the business philosophies of victory. For an entrepreneur money is not the only thing that is required for business. The business for the sake of money is not what an entrepreneur seeks. There is a constant search for a higher purpose to serve that drives the breakthrough entrepreneurs.