Becoming an Entrepreneur in Your Own Life
THESIS
Carving out time to invest in yourself, devoting that time to learn and put to practice the wisdom of coaches will improve your life as well as your performance as a leader. It is more than situational problem-solving.
BACKGROUND
The best books on leadership stress that the job of the CEO is self-development as well as development of the organization. And my decades of experience are replete with instances in which CEO client self-development often has an unintended consequence: improving family dynamics.
LEARNING FROM OTHERS
Each year, multiple sources help me develop myself as a coach and I share what I learn with my clients and peers. In a future post, I will relay the most important discoveries from our Vistage worldwide chair conference. Here, I share the thoughts of renowned master coach Tony Smith, speaking to a group of HBS alumni entrepreneurs.
Distinguishing between those who will “eat what has been served,” living in a familiar environment from those who will create their own environment, their own future, here are my notes on the gist of the discussion: (I was surprised how useful his discussion guide was despite its being rudimentary for me and probably for you).
1. The #1 enemy of creating your own life and your own company is busyness. The urgent displaces the most important.
2. No future is possible unless and until you imagine it and write it down
It must be clear, written, output of a conscious and unconscious effort and future-focused
3. Most people live in deploying their knowledge to manage risk; entrepreneurs create something and live at risk; the first live close to the past, the latter live in the future
4. Any business or job worth doing starts with three forces for engagement: the value to the user/the message, the user profile and the methods of outreach to the user; most highly educated people are not good at the third
5. What does it take to create your own future?
Time, practice, constructive feedback and commitment to a specific future
6. Everyone needs a place and time to clear the mind, re-invent and confront demons
7. There is always constructive tension between reality and a vision; the tension is what creates energy. Most people’s future is missing from their daily thinking.
8. Networking is crucial to all of the above; and having a personal board of directors. And keeping in touch
9. To all entrepreneurs: don’t let circumstances call the shots
10. The world belongs to those who follow up (amazing how few do it and do it with intention and regularity)
USEFUL RESOURCES
Vistage: the world’s largest CEO membership organization
Tony Smith, coach:
http://vsacoaching.com/about-vsa/our-people/tony-smith/
If you want a few terrific books to read, contact me.
That’s just my view. What’s yours?
Tags: entrepreneurship, entrerepneur, future, self-development, value of coaching
Thu, Feb 23, 2017
Coaching, Culture, Entrepreneur, leadership, Leadership Development, risk, Supervision (managing direct reports), Winning