Entrepreneurial Leadership

Entrepreneurial Leadership
‘Find other people who are greater at the tasks that you need to get done’ Henry Ford

www.nucleusofchange.com/nec

House keeping!

Webinar Noise
management Recording
Tools

Get Ready Q&A at Chat box
To learn dedicated time
new things

Implement at
1h30 least one thing


My Intentions
• Objectives: share with you the keys
that great business leaders use to
build a solid and profitable business
For solopreneurs
Learn strategies to take your
business to the next level by having
the right people around you
For seasoned Leaders
Fresh ideas to revitalise your team
and inspire them to go the extra mile

What to expect from this webinar?

• Why Leadership is important for business
growth
• The 3 skills you need to go to the next level
• How to attract, recruit, motivate and retain your
success team
• The 10 keys to build a dedicated team
• 5 tips to attract the right people even when you
can’t afford to pay big money
• How to move from an Entrepreneur to a Leader
• The 2 attributes to manage people effectively
• The ultimate skill to become a great Leader


Francine Beleyi


Doctor with or without Drugs?


My Current Occupations
• Bilingual French-English, diverse
international business experience
in Africa, France, UK
• Founder of Nucleus of change
• Chair of Nucleus Entrepreneurs
Club (NEC)
• Speaker in Entrepreneurship &
Leadership
• Steering committee Member &
Member of Entrepreneurship
Programming at EPWN-London
• Project manager of SOHCA (SL)

My big why: lifestyle + contribution


What the Trend looks like?
• We are living in one of the most exciting &
challenging times of all human history
• Entrepreneurship is growing very rapidly:
women, young, retired, unemployed, …
• We have innovators, visionaries, social
entrepreneurs, internet entrepreneurs, info-
preneurs, mom-preneurs
• It has never been easier to start a business
before than it is today thanks to PESTEL
• Leadership is key to build a solid business
and move your biz to the next level


The Facts!

• 99.9% of enterprises in the UK are SMEs
• 4.8 millions businesses in the UK in 2008
• 3.5 millions businesses are solo proprietors
(no employees)
• In London 630,000 businesses are solo
preneurs
Srce: The Department for Business Innovation and Skills http://stats.bis.gov.uk/ed/sme

• Is it a choice by default or an informed one?
• How do you take your solo business into a
bigger one if you wish so?


Entrepreneurial Leadership
• « Your most important job as an
entrepreneurial leader is not to find new
opportunities or to identify the critical
competitive insights.
• Your task is to create an organization that
does these things for you as a matter of
course.
• You will have succeeded when everyone in
the organization takes it for granted that
business success is about a continual search
for new opportunities and a continual letting
go of less productive activities. »
By Rita Gunther McGrath, Ian MacMillan, The Most Important Job: Entrepreneurial Leadership

Stage 1 : The beginnings

• Most business go through this stage
regardless their activities
• Entrepreneurs dislike bureaucracy
and politics of past employed life
• Want to keep things simple
• Enterprise & Entrepreneur = one &
only entity
• Problem: lack of time, skills, energy
• End up isolated and give up!

Stage 2 : Evolve or Not?

• Consider lifestyle & vision Go or No go?
• If you have a big vision you cannot do it alone!
• You need to learn the rules of the game :
learning to become a great Leader
• Need to become or hire a competent Manager
=> 2 separate roles now
• Manager role: Managing & taking decisions
needed for the smooth running
• Founder role: Controlling what has been done
• Bringing new people in a biz can be risky and
uneasy
• But can be done when you know what you want


3 key characteristics of the
Entrepreneurial Leader

1. Perfect knowledge of your market
(know all the details)
2. Clear & precise Representation of
what the next stage looks like
3. Know how to communicate your
vision in a compelling way to others

Case study: Steinberg grocery stores

• Steinberg, grocery stores founded in 1917 by Sam Steinberg.
• Successful until 1933 when one store was loosing $125/week
• Sam actions
Friday: close the door, transformed the shop into a self-
service, changed the name from “Steinberg’s Service Store”
into “Wholesale Groceteria”, 15-20 % reduction, printed
flyers & distributed them
Monday: open the door of the new store.
• Huge success then transformed other stores into self-
services too.
• In 1960 self service shops was booming but Sam Steinberg
was far ahead of the competition.

Critical Factors of Success for
Steinberg and Lessons
1. Intimate knowledge of his market
2. Clear representation of the Vision
and careful execution of the vision
3. He knew how to communicate it

• He will retransmit this knowledge to
his staff.
• The staff was learning continuously
that was the key of their success.
• He saw the problem as opportunity

10 keys to become a great manager and
to build a solid business

6. Listen to your people
1. Decide what you
want (clear vision ) 7. Know what motivates
them to work hard for you
2. Find a strong a
manager (let your 8. Make quick decisions base
ego at the door ) on facts and your intuition
3. Hire People that 9. Give your staff the
espouse your values opportunity to be creative
& take risks
4. Communicate your
vision clearly 10. Follow your passion and
work at something you
5. Give them direction
really enjoy

5 ways to attract the right people even
when you can’t afford to pay big money

1. Have an Attractive brand - Be the expert
2. Have a compelling vision to communicate
3. Picture a place where people will
contribute, fulfil their potential, create a
meaning
4. Portray a sense of belonging, camaraderie,
they are part of an exclusive stuff
5. Give equity in your business

Why NEC was born?

• It’s lonely at the top!
• Do too many things and end up burn out
• Lack of sound Board to help solve business
problems & take informed decision
• Stuck in a day to day routine thus difficult
to see the wood from the trees
• Freedom but No Accountability


Why keeping doing the same thing?

Definition of madness
• “Doing the same thing again &
again expecting a different
result” Einstein

• Nucleus Entrepreneurs Club (NEC) brings
together Entrepreneurs & Executives to solve
business issues, share experience, support each
other & learn new skills
• A one-stop place for Entrepreneurs to access a
blend of learning with workshops, peer
learning, mentoring, coaching and training to
develop Business & Leadership skills
• NEC programmes are specifically designed to
provide you a unique experiential learning to
boost your Business Performance with the
support of Peers.


The Vision at NEC
• Economical and Social ambition
• Creating a Community of Successful
Entrepreneurs, who think bigger than
themselves and are committed to help
other Entrepreneurs to succeed
• Entrepreneurship as a ‘tool’ to fight
poverty and empower people to live
their best life
• Values: Passion, Excellence,
Collaboration & Sustainability

September 2010 programme
Booster Programme


September 2010 – March 2011

A Unique Experiential Programme
Designed To Boost Your Business
Performance
With The Support Of Peers!


One Full Day of Team
Building
Be Equipped With Personal,
Business & Leadership Skills
September 2010

The NEC 90 Days Challenge TM

Measurable
stretched
result

Big SMART Accounta Experi -
goal bility mentation

Learning Clear action
plan


NEC Mastermind Meetings
Monthly in Central London


One to one Mentoring


Energy Diamond Coaching
with Jazz Rasool


Webinars


Awards Celebration Night
(March 2011)

• NEC Awards Night to Celebrate your
achievements
• NEC Prize for the greatest achievement
• Invite friends, colleagues and family to
celebrate your hard work


What NEC Members Say ?

«Joining NEC is the best
practical thing that
could happen for me. »
G.P Director of Company



«I liked the organised
format with allotted time
for each person, the support
from qualified professionals
as well as other members'
suggestions.
Most of all, I felt that I
was supported just from
being heard - without fear
of judgement on my ideas.»



« What works for me, is
the energy that comes
from my commitment and
being accountable. I
feel more empowered
when I know that I have
set a goal and I see
this as a promise to
myself. I fully
understand the power of
a group. »

Who Can Join NEC?

• Entrepreneurs, Social Entrepreneurs
& Executives > 2 years in business
• Want a serious boost in Business
• Committed to see tangible &
significant results rapidly
• Willing to offer and receive support

Three Levels of NEC Membership
September 2010- March 2011
NEC ‘Privilege ’ Membership
NEC ‘Premium’ Membership
NEC ‘Elounge’ Membership
Limited availability. Ask for the details
francine@nucleusofchange.com
With NEC, it shouldn’t be lonely at
the top!

NEC Members Selection Process

• Rigorous selection process
• Very limited places
• Two steps to ensure we have the
right people in the club
1. Apply online www.nucleusofchange.com/nec
Click on “Join”
2. We will call you for an interview.

NEC Affiliates Program
• You are warmly encouraged
to refer suitable candidates
to NEC program.
• 15% Affiliate fees on the
successful applicant package
• Ask for your affiliate code
Francine@nucleusofchange.com


From Entrepreneur to Manager
Conservative View of the Manager
(Fayol)

• 5 basic functions: technical, commercial,
financial, operations and administration
• But most of the time administration is
neglected => People find it boring (admin
work…pile of paper, bureaucracy, …..)
• The MBA (Master of Business
Administration) invented to solve this issue
but did it meet the expectation?
• 5 tasks to consider for administration:
Planning – Organisation – Commandment –
Coordination – Control

From Founder to Manager
Modern View of the Manager
(Mintzberg)

3 main activities of a Manager:
1. Decision: That is the first key skill
they spend their time deciding
what to do and what to leave
2. Contact: represent company,
leader for staff (motivate, guide,
role model)
3. Information: scan info & observing
careful, propagate info internally &
externally

The 2 keys to become an
excellent Manager
1. Power: ability to force others to do things
(stick & carrot)

2. Authority: ability to make people do
things voluntarily (people accept this
person as competent thus submit )


From Manager to Leader

Greater way of having power is to have
influence

Influence = Ability to change the attitude,
behaviour and habits of someone

it’s dynamic = leadership
• authentic leadership (upcoming book)


Summary

• Entrepreneurial Leadership defined
• Business phases of growth & Leadership needed
• Why some businesses remain a one person : lifestyle or default
• The 3 characteristic of a great Manager
• How to attract, recruit, motivate and retain your success team
• The 10 keys to become a great manager and to build a solid
business
• 5 tips to attract the right people even when you can’t afford to pay
big money
• How to move from Entrepreneur to a Leader : not straightforward
• The 3 key roles of a manager : decision, contact, scan information
• 2 ingredients you need to manage well : power & authority
• Ultimate quality to become a Leader: influence.


What next?
• What is the one thing that you are going to
implement immediately?
• Which kind of leader do you want to become in
your business and in your life?
• Who will help you in your journey?
• You don’t need to be alone to get there.
Join us today at NEC to partner with you
to achieve your vision with the support of
peers who have your best interest in
mind.

Register now @ www.nucleusofchange.com/nec

Entrepreneurial Leadership

Recommended

Recommended

More Related Content

What's hot

What's hot (20)

Viewers also liked

Viewers also liked (20)

Similar to Entrepreneurial Leadership

Similar to Entrepreneurial Leadership (20)

More from nucleus of change

More from nucleus of change (8)

Entrepreneurial Leadership