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Friday, May 22, 2020

BECOMING AN ENTREPRENEUR - CHANGE YOUR MINSET


Changing your Mindset to an ENTREPRENEURIAL ONE
Following up on my recent post “Parable of the locked-down village” I would like to elaborate a bit
In this present situation, there are a lot of people losing their jobs. It sometimes started with the businesses they worked closing due to diminishing cashflow.
The normal cry is “Me and/or my spouse lost our jobs” and are now in dire straits.
Those affected go into stress mode and the only thing on their minds are “What are we going to do at month end? “How are we going to survive?
As I mentioned in the parable there are only two modes people can go into (anything else is just a variable of one of these)

        1.       Accept their fate, put their moan & groan caps on and do nothing more.

  2.       Accept the challenge, put their creative thinking cap on, and prosper.

Most people that lost their jobs were EMPLOYEES.   As a rule, that is all they can or ever wanted to be.
Our solution and the one I am going to talk about is to change your thinking mode from Employee to
Employer or Entrepreneur.  Reactions to this are often “I cannot run my own business”  “I do not know how to start a business “
And my answer is always:  You can do ANYTHING if you put your heart and mind to.
I am going to discuss the processes as we employed it ourselves broken down into practical steps.
The steps will be discussed in detail in upcoming posts
Here are the basic steps.
1.       Know yourself and your skills - draft a Cv (See yourself as an employer who has a job for someone
          with your skills and what would you like to see in the CV presented to you. 
         Your cv should be totally elaborate to describe your skills but it must be the truth, the whole truth 
         and  nothing but the truth)[1]
2.       Identify possible opportunities and markets you can target with your skills[2]
3.       Draft a plan (again not a massive marketing plan or business plan – just what can you offer to 
          whom and how.[3]
4.       Set yourself a vision[4]
5.       Follow this up with a mission statement[5]
6.       Now draft an action plan.  Who are you targeting, what products are you going to offer, what would your profit be, How are you going to deliver the service/s.? What are your resources? [6]
7.       Determine a start date and what is going to happen chronologically? You need to enlist the help of a mentor and someone you are going to be accountable to.[7]
8.       Start doing something today


[1] I WILL DISCUSS THE IDEAL CV IN A FOLLOW UP
[2] The second discussion in this little series
[3] An outlay of such a plan will follow shortly
[4] Look out for a definition of how to do this also shortly
[5] I will discuss the difference between a vision and a mission statement
[6] Notes on this to follow shortly
[7] I will discuss this in detail – probably the most important point to keep you from getting despondent

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