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YB2 - Can you do it?- Host Rick Carter

25/2/2021

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Rick Carter - Your Business 2.0

www.yourbusiness2.live 

Introduction:

This week the focus is on Asking yourself the hard questions - Can you do it? What do I need to make it happen?  Have I got what it takes?

While our focus in this show is What it takes to be an Entrepreneur in general. In every show we talk about what specifically being an Encore Entrepreneur means to help you understand the what and the why before launching into the how.

To help with this we have 2 regular segments -

Opportunities for the Modern Elder i

You have more time than you think.
The great management thinker Peter Drucker did most of his best work after the age of 65. And just last year, Impossible Foods, founded by 65-year-old scientist Pat Brown, was named Inc.'s company of the year. Expect to see more success stories like Brown. Because of increasing life expectancies, at age 60 you are likely only 57 percent of the way through your adult life. You have plenty of time to launch your second act.

Your biggest obstacle is in your mind.
Stanford psychologist Carol Dweck categorized people's attitudes to personal development into either fixed and growth mindsets. If you reach middle age with a fixed mindset, you believe your talents are inherent and don't change, so new challenges seem overwhelming. But if you adopt a growth mindset, those challenges become new opportunities to learn because you believe you can improve throughout your life.

Future Back Thinking 
IDENTIFY THE MAJOR IMPLICATIONS OF THE FUTURE FOR YOUR ENTERPRISE
​

The goal, remember, is not to predict the future with certainty (nobody can) but to paint an impressionistic painting of it that is detailed enough to build clarity and alignment on what you will have to do to make its differences work to your advantage.

​Once you have your painting, it’s time to project yourself into it. How will your current businesses fare in that new-and-different environment? Your answers will help you quantify your growth gap—the difference between what you hope to deliver and what you likely can. The size of the gap determines the size of the response you’ll have to muster.



Show Objectives:

What qualifies you to be an entrepreneur?
You need to be able and willing to take calculated risks for one; learn from your mistakes and generally be able to see the big picture and where you fit into it are two others. Great entrepreneurs are also pretty good communicators and have an uncanny ability to pick the right people to work with.

Key Issues
There is an enormous difference between wanting to do something and being able to make a living at doing that something.
Being a successful business owner requires investing your own money in addition to a ton of time and effort. Despite the appeal of being your own boss, the reality is that not everyone is cut out to be a successful business owner.

Here are five quick personality assessments to evaluate before taking the entrepreneurial plunge:

Are you Santa or an elf?


What's your relationship with money?


Are you comfortable flying blind?


Are you ready to commit?


Were you born for business?


What You Need to Do

Spend time on answering the questions we posed above

Check out the 10 TED talks for Entrepreneurs 
https://www.entrepreneur.com/article/296116 

Keep working on your Purpose Canvas 
https://www.leanservicedesign.ch/purpose-canvas/ 


Keep developing your  1 minute Pitch by analysing what Problems you plan to solve and why based on what you learned today 
 


Shows
The Last - Do you have a marketing strategy?

The Next - Using digital tools and technologies for cost effective results

Written by Rick Carter
Connect with me at
www.YourBusiness2.live

​
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      • Gayle Turner
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      • Jeremy Gray
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      • Kevin Beers
      • Lisa Askwith
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      • Patty Lawrence
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      • Sarita Johan
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      • IBGR.News
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      • An Epic Business Exit
      • Catalytic Conversation$
      • Exitology
      • The CFO Perspective
      • The Entrepreneur's Edge
      • The Smart & Savvy Business Exit
    • FINANCE >
      • Business Econ for a Post Pandemic World
      • Economics For Owners
      • Employee Capitalism
      • Money Matters
      • Practical Solutions to Difficult Problems
      • TurboCharge Your Business
      • Your Money Machine
    • HR / PEOPLE SKILLS >
      • Business and Beyond
      • Business Processes & People Talk
      • Equipping Others
      • Staff It!
      • Success Can Be Fun - With Focus!
      • The People Side of Business
      • Women of Business Thriving
    • INTELLECTUAL PROPERTY >
      • Leveraging Inspiration
    • INTERVIEWS >
      • Get You Noticed!
      • The Referral Guy Interviews Your
      • The Magnetic Voice
    • LEADERSHIP >
      • Compassionate Leaders of Influence
      • Destiny Road
      • Engaging Your People For Success
      • Leadershift with Col Ajai Lal
      • Leadership Powered by Common Sense
      • Influencing for Global Impact
      • Stories Matter! - Helping Leaders Transform Lives
      • Talk Leadership with Cedrick on the Radio
      • Your Corporate Confidante
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      • Building A Multilevel Marketing Empire
      • Level-Up Your Marketing
      • No Nonsense Market Domination
      • Buying Customers
      • #Seriously Social
      • Results Oriented Marketing
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      • Building Success Habits
      • Building You to Build Your Business
      • Entrepreneurial Mindset
      • Peak Impact Mentorship
      • Guidance To Wealth
      • The Hero Within
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      • Build It!
      • Building In Front of You
      • Building In Front of Your 2
      • Lead Lean
      • Pencils & Pistons
      • Planning Out Loud
      • Processes Under Control
      • The Ralph Peterson Radio Show
    • SALES >
      • Beyond The Method Selling
      • Inside The Customer
      • Sell It!
      • Serving Up Sales
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      • A Business Primer for Startups
      • A New Business Model For Startups
      • Adulting In My Purpose Business Edition
      • Building Startup Operations
      • Creating A Consulting (Improvement) Business
      • How To Start A Consulting Firm
      • Survival Mode
      • The Geriatric Entrepreneur
      • Your Business 2.0
      • Z Gen Entrepreneurship
    • STRATEGY >
      • #OwnrLife
      • Better Your 4 U
      • Build Your Core for Dynamic Partnerships
      • Grow It!
      • How to Avoid Becoming the 80%
      • How To Become the Top 5%
      • How to Move Beyond the 15%
      • Living the Life .. On YOUR Terms
      • Own It!
      • ReImagine Your Business
      • The Business Owner's Bookshelf
      • The Self Managing Organization
      • Tenacious Top of Mind Business Insights
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