I have written before about how an entrepreneur needs to assume the role of CPS "Chief Problem Solver" rather than CEO "Chief Executive Officer" in their small to medium size business. You would think that entrepreneurs would understand this. The business that they have created was born from their ability to solve a problem in the market.
All businesses need to resolve a need in the market place, either by feeding the consumers human bodily needs, or feeding the consumers perceived needs and desires. When a businesses ability to relevantly solve problems faced by the market place cease, the business becomes redundant. Without evolving the company and making change to morph the company into a more relevant organization, it will no longer survive, dying the inevitable death.
There have been many examples of companies that have evolved, changing focus and industry sectors to survive. After all the skills required to see opportunities, lead a team of people to fulfill the needs of the market place are transferrable from industry to industry.
I have often been told how amazed people are at how quickly I have learnt new industries, learnt new skills and knowledge. Not only learning to know, but learning to teach. As a side note, by teaching something to a team or individual teaches you personally more about what you are teaching! When I built Jireh Optoelectronics LLC from the ground, I submerged myself into the industry, learning lighting design, electronics design and built upon my ability to transfer a message from one to another, by building a trained sales force of distributors nationally and internationally.
In order to transfer your knowledge and skills from one industry to the next though requires the person to know what they lack in knowledge and what they need to learn from experts. One of the skills I have developed over my business years and career is how to listen and then ask questions. I know that I need to learn enough to be dangerous, but that is the problem I am still dangerous.
I need to be open to the experts and bring them into the fray to do their job. I know my strengths, I know that I am a visionary person and knows the supply chain and marketing of products, but I also know my weaknesses and when to look around for the next person to guide my thoughts and decisions.
In operating or getting your business off the ground, there are many ways to get expert advice and input, just ask!
All businesses need to resolve a need in the market place, either by feeding the consumers human bodily needs, or feeding the consumers perceived needs and desires. When a businesses ability to relevantly solve problems faced by the market place cease, the business becomes redundant. Without evolving the company and making change to morph the company into a more relevant organization, it will no longer survive, dying the inevitable death.
There have been many examples of companies that have evolved, changing focus and industry sectors to survive. After all the skills required to see opportunities, lead a team of people to fulfill the needs of the market place are transferrable from industry to industry.
I have often been told how amazed people are at how quickly I have learnt new industries, learnt new skills and knowledge. Not only learning to know, but learning to teach. As a side note, by teaching something to a team or individual teaches you personally more about what you are teaching! When I built Jireh Optoelectronics LLC from the ground, I submerged myself into the industry, learning lighting design, electronics design and built upon my ability to transfer a message from one to another, by building a trained sales force of distributors nationally and internationally.
In order to transfer your knowledge and skills from one industry to the next though requires the person to know what they lack in knowledge and what they need to learn from experts. One of the skills I have developed over my business years and career is how to listen and then ask questions. I know that I need to learn enough to be dangerous, but that is the problem I am still dangerous.
I need to be open to the experts and bring them into the fray to do their job. I know my strengths, I know that I am a visionary person and knows the supply chain and marketing of products, but I also know my weaknesses and when to look around for the next person to guide my thoughts and decisions.
In operating or getting your business off the ground, there are many ways to get expert advice and input, just ask!
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