3
At the endof the session, the
trainees will be able to:
1. Apply entrepreneurial workplace best
practices;
2. Communicate entrepreneurial workplace
best practices; and
3. Implement cost effective operations.
7
THREE LEVELS OFCOMPETENCIES
which all entrepreneurs need:
1. Personal competencies: creativity, determination,
integrity, tenacity, emotional balance and self-
criticism.
2. Interpersonal competencies: communication,
engagement/charisma, delegation, respect.
3. Business competencies: business vision, resource
management, networking, negotiating skills.
8.
8
Skills Required toSucceed as an
Entrepreneur
The ability to manage money.
The ability to raise money.
The ability to be productive.
The ability to make entrepreneur
friends.
9.
9
Skills Required toSucceed as an
Entrepreneur
The ability to identify strengths and
weaknesses.
The ability to hire effective people.
The ability to train new staff.
The ability to manage staff.
11
8 Ideal Workplace
Practicesfor Entrepreneurs to Follow:
Provide Clear Expectations.
Give people the opportunity to use their
skills.
Support your Team.
Encourage people to contribute ideas and
get involved in decisions.
12.
12
8 Ideal Workplace
Practicesfor Entrepreneurs to Follow:
Encourage Feedback and Recognition.
Do people have fun at work?
Encourage learning and development.
Create a great workplace from an
employee's view.
14
1. Advise AStartup
“By learning you will teach, by
teaching, you will learn”
-Latin proverb-
15.
15
There is nobetter way to learn
than when you are forced to teach.
No matter where you are in your
entrepreneurial maturation, there are
many bright, eager folks who are a bit
behind you.
16.
16
2. Refine YourPersonal Pitch
“The more you sweat in practice, the
less you bleed in battle.”
-Richard Marcinko, Author-
17.
17
Networking is oneof an
entrepreneur’s most valuable skills.
Practice your interpersonal talents by
repeatedly entering a room of strangers
with the goal of making at least five
meaningful connections with people who
can assist the startup you are advising.
18.
18
Your pitch shouldcomprise the following
three elements.
Who you are — your interests, experiences,
education, why you are so bloody interesting.
Where you are going — your bombastic,
fascinating entrepreneurial dreams.
How you plan to get there — your short-
term tactics and long-term strategies for
turning your dreams into reality.
20
Look for areasin your workplace in
which you can create something from
nothing.
Surprise your boss by launching a
project that requires little to no
resources, but has an outsized impact
on your business.
21.
21
4. Keep AnIdea Journal
“Practice puts brains in your muscles.”
-Sam Snead, Professional Golfer-
22.
22
Most breakthroughs resultfrom the
collision of small ideas which combine to
form big ideas.
Thus, it pays to document your daily
thoughts so you can later recall and
combine them with subsequent hunches.
23.
23
5. Launch ASide Business
“The difference between ordinary and
extraordinary is practice.”
-Vladimir Horowitz, Pianist-
24.
24
As noted inMini-ventures Build
Entrepreneurial Muscle, a number of
substantial companies have arisen from
ventures started by people in school and who
had fulltime jobs.
Even if your mini-venture does not morph
into a substantial business, it will act as an
effective practice court upon which you can
enhance your entrepreneurial chops.
25.
25
6. Don’t ThrowUp, Speak Up
“You earn your trophies at practice,
you just pick them up when you
perform.”
-Unknown-
26.
26
Entrepreneurs must beable to influence
and persuade others, often in a public setting.
You can practice this talent by
volunteering to give presentations at work,
school or in non-profit organizations.
You can also join groups such as
Toastmasters, whose explicit purpose is to
help its members become more confident and
able public speakers.
27.
27
7. Get ACoach
“You play the way you practice.”
-Unknown-
28.
28
It is difficultto practice alone. Not only
is it a challenge to remain motivated, it is
difficult to objectively identify which skills
you are improving and where you should
focus your practice time.
Like athletes, entrepreneurs benefit
greatly from a coach, in the form of a
caring mentor.
5S - Seiri(Sort)
• Tidiness, Organization
• Taking out and disposing of unnecessary items.
• Unneeded items are thrown away or disposed.
• Refers to the practice of sorting through all the tools,
materials, etc. in the work area and keeping only
essential items. Everything else is stored or discarded.
This leads to fewer hazards and less clutter to interfere
with productive work.
32.
5S - Seiton(Systematize)
• Arrangement/organization of necessary items in good
order.
• Assign a place for everything. The most often used
item should be nearest and ergonomically situated,
meaning, there should be little effort required in
accessing, using and returning the equipment, tools
and parts, even documents. There must be a place for
everything, and everything must be in place
33.
5S - Seiso(Sweep)
• Cleanliness. Cleaning even if things are not dirty. A
regular cleaning schedule prevent things from getting
too dirty that it would be difficult to making it spick and
span.
• Indicates the need to keep the workplace clean as
well as neat. Cleaning in Japanese companies is a daily
activity
34.
5S - Seiketsu(Standardize)
• Allows for control and consistency. Basic
housekeeping standards apply everywhere in the
facility. Everyone knows exactly what his or her
responsibilities are. Housekeeping duties are part of
regular work routine.
• Prepare housekeeping standard checklist which
should be very detailed and stringent.
35.
5S - Shitsuke(Self-discipline)
• Sustaining discipline is doing things spontaneously
without having to be told.
• Teach by doing.
• Refer to maintaining standards and keeping the facility
in safe and efficient order day after day, year after year.