Is Mountain Climbing like
a Business?
• Nicholas Tart:
– How Entrepreneurship is Like Climbing Mountains
Is Mountain Climbing like a Business?
Thank you! - Our ...
• People climb mountains to
conquer them and we are aware
that it is not an easy task since it
requires a lot of preparati...
• When climbing any mountain
we need to visualize its peak.
• And there will be times when
we will get only glimpses of
it...
• Vision for a business is no different
because we need to set up a goal or
a summit that our company is
willing to achiev...
• As we know, any mountain climbing
is going to take a lot of stamina and
tenacity to reach the top.
• Once you decide to ...
• The same thinking relates to
business.
• It is essential to evaluate all
aspects of our business to avoid
any surprise w...
• If we want to climb a
mountain we need a very
detailed plan that includes
timing and an endless list of
equipment necess...
• In business we need to clearly lay
out our plan.
• And we need it structured in a way
that bench marks are established
t...
• Most mountain climbing requires
a well oiled team that assists you
in reaching the summit and this
includes: guides, por...
• The team approach in
business is just as important.
• A well oiled team can help
you reach your goals.
• You need to rea...
• One of the most critical elements to
keep us safe and make our climb
successful is an experienced guide.
• He obviously ...
• We need someone who has
experience to assist us in
establishing realistic goals and
working with us to achieve them.
• T...
• The final component of a successful
mountain climb is simply luck.
• We can control all the things up to this
point but ...
• The same phenomenon exists in
business.
• We need to do everything we can to
be prepared but luck will have a hand
in ou...
Feel free to send us an e-mail.
Our Website:
www.licoreis.com
Our E-mail:
licoreis@licoreis.com
licoreis@licoreis.com.br
L...
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Is Mountain Climbing like a business?

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Transcript of "Is Mountain Climbing like a business?"

  1. 1. Is Mountain Climbing like a Business?
  2. 2. • Nicholas Tart: – How Entrepreneurship is Like Climbing Mountains Is Mountain Climbing like a Business? Thank you! - Our main sources • Websites – http://www.youtube.com/watch?v=dDRf7sRRLOk – http://www.inc.com/articles/2003/09/leadership.html – http://www.mcqw.com/resources/articles/is-mountain- climbing-like-a-business/ • Julie Fleming: – Mountain Climbing Is A Great Business Analogy
  3. 3. • People climb mountains to conquer them and we are aware that it is not an easy task since it requires a lot of preparation, investments and specific skills. • Many business people have long been used mountains as a metaphor for their strategies to reach their company goals. Is Mountain Climbing like a Business? Introduction
  4. 4. • When climbing any mountain we need to visualize its peak. • And there will be times when we will get only glimpses of its main features and challenges. • And most of the time we need to deal with some discouraging thoughts of our mind if we want to carry on our task. Is Mountain Climbing like a Business? Our Mountain – Having a vision
  5. 5. • Vision for a business is no different because we need to set up a goal or a summit that our company is willing to achieve. • All the efforts of our team, guides and others must be focused on reaching that vision for our company. • In business when we don’t communicate well, our team will not be able to achieve our company goals. Is Mountain Climbing like a Business? Our Business – Having a vision
  6. 6. • As we know, any mountain climbing is going to take a lot of stamina and tenacity to reach the top. • Once you decide to go for the summit you need to start training immediately and get yourself prepared for a long arduous journey. • And it is always important to do a strengths and weaknesses self- analysis of the situation to avoid any unexpected obstacle. Is Mountain Climbing like a Business? Our Mountain – Analysing our strength and weakness
  7. 7. • The same thinking relates to business. • It is essential to evaluate all aspects of our business to avoid any surprise when facing challenges and hard times. • A strengths and weaknesses analysis will get you ready for either climbing a mountain or running a business. Is Mountain Climbing like a Business? Our Business – Analysing our strength and weakness
  8. 8. • If we want to climb a mountain we need a very detailed plan that includes timing and an endless list of equipment necessary to adapt from ninety degree weather to zero degree weather, etc. Is Mountain Climbing like a Business? Our Mountain – Preparing a suitable plan
  9. 9. • In business we need to clearly lay out our plan. • And we need it structured in a way that bench marks are established that let us know we are proceeding towards our goal. • We call these Key Performance Indicators or Metrics. • They help us to evaluate our performance and how far or close we are from our company goals. Is Mountain Climbing like a Business? Our Business – Preparing a suitable plan
  10. 10. • Most mountain climbing requires a well oiled team that assists you in reaching the summit and this includes: guides, porters and fellow climbers. • All these people are important towards keeping you focused on reaching the summit and they are also a good source of information on how you are actually doing and can give you feedback on a regular basis. Is Mountain Climbing like a Business? Our Mountain – Developing a positive team approach
  11. 11. • The team approach in business is just as important. • A well oiled team can help you reach your goals. • You need to reach out and rely on your team to each do their part of moving you towards the company goal. Is Mountain Climbing like a Business? Our Business - Developing a positive team approach
  12. 12. • One of the most critical elements to keep us safe and make our climb successful is an experienced guide. • He obviously knows every nuance of the mountain including weather, trail conditions, snow conditions, etc. • In addition he has worked with thousands of individuals trying to achieve that goal and knows the best way to help make that happen. Is Mountain Climbing like a Business? Our Mountain – Finding an experienced guide
  13. 13. • We need someone who has experience to assist us in establishing realistic goals and working with us to achieve them. • This may be a mentor we have been fortunate enough to come across, a more experienced partner in the business or a consultant we hire to fulfill this role. Is Mountain Climbing like a Business? Our Business – Finding an experienced guide
  14. 14. • The final component of a successful mountain climb is simply luck. • We can control all the things up to this point but luck will be the final determinant as to whether we are successful. • Bad luck has a final veto vote that may keep us from our destination. • Bad luck may include a freak weather storm that brings in eighteen inches of new snow and makes passage impossible. Is Mountain Climbing like a Business? Our Mountain – Dealing with luck
  15. 15. • The same phenomenon exists in business. • We need to do everything we can to be prepared but luck will have a hand in our final outcome. • Bad luck may include a fire season that produces so much smoke in drives away your customers during your peak business month. • We need to take care of all the things we can control to mitigate the effects of things we cannot control. Is Mountain Climbing like a Business? Our Business – Dealing with luck
  16. 16. Feel free to send us an e-mail. Our Website: www.licoreis.com Our E-mail: licoreis@licoreis.com licoreis@licoreis.com.br Linkedin: Roberto de Paula Lico Júnior Skype: roberto.lico Is Mountain Climbing like a Business? Our Business Contacts
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