Heart, Smarts, Guts, and Luck: What It Takes to Be an Entrepreneur and Build a Great Business
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Accept you lot ever wondered what it takes to be a successful entrepreneur? If you don't feel every bit successful as you'd like to be, then the reply is "Yes" and if you're already successful, you probably don't think about it much.
But there are quite a few people who exercise think nearly what information technology takes to be a successful entrepreneur. There are countless entrepreneurial assessments that quiz you on specific behaviors or success traits. Then there are the personality profiles such as Myers-Briggs or the DISC profile that try to identify specific communication or personality styles.
I've recently received a review re-create of a new book titled Eye, Smarts, Guts and Luck: What it takes to be an entrepreneur and build a peachy concern by Anthony K. Tjan (@AnthonyTjan), Richard J. Harrington, Tsun-Yan Sheih that takes the entrepreneurial personality contour to a whole new level.
Heart, Smarts, Guts and Luck was written with the purpose to leave readers with an increased cocky-sensation equally it relates to starting and maintaining a successful business also equally some practical wisdom that you can use forth the mode. My impression, after reading this volume, is that it'southward a sort of "Know Thyself" primer for small business organization owners along the lines of the Strengths Finder books.
Nigh the Authors
This book is written by a super savvy team who have plenty of experience in analyzing successful entrepreneurs and leaders. Tony Tjan is the Managing Partner of the venture capital letter house, Cue Ball Capital, and founder of the Internet advisory group, SEFER. Dick Harrington is Chairman of Cue Ball Capital. And Tsun-yan Hseih is based in Singapore and is the founder of LinHart Grouping, a company that counsels founders and CEOs throughout the Americas and Asia and serves on the boards of Sony Corporation and Munulife Financial.
I'yard actually impressed with how well the book is written considering how many different authors and personalities were involved in the process.
Here's an example from one of the best tips in the volume:
"We believe the iii-minute dominion is the best tool. It'southward based on a unproblematic premise: you lot tin can learn a great deal about customers by finding out what they are doing three minutes immediately before and 3 minutes afterwards they utilise your product or service. Context matters. Among the products at Thomson was 1 that provided investment analysts with fiscal earnings information. Until Dick Harrington and Tony Tjan practical the three-infinitesimal rule, we hadn't fully appreciated that shortly after they received our information, many analysts painstakingly imported and reformatted the data into Excel. This observation led us to develop a more seamless Excel plug-in feature with enhanced formatting adequacy. The result was a pregnant and near instantaneous uplift in sales"
Middle, Smarts, Guts and Luck – Which One Are Yous?
Unlike the Strengths Finder books where you starting time need to take the assessment so read the book based on your results, Heart, Smarts, Guts and Luck is a book that you lot can read from commencement to cease. In fact, that'due south exactly what I'd recommend.
You'll have fun every bit the authors take y'all on a journey of self-discovery that includes examples of successful entrepreneurs in each entrepreneurial profile.
As in any profile, no one is all one fashion or another. Rather nosotros are a mixture of all styles with a strength or predominance of one.
If you are a HEART driven entrepreneur, you bring purpose and passion to the business. As the founder, iconoclast or visionary, you lot are consumed past a deep passion and driving hunger that you lot use to interpret your purpose into reality. Starbucks CEO, Howard Schultz, is a great case of this style.
Equally a SMARTS driven entrepreneur, you are rational and focused on the facts. Your strength is steering a business organisation by delegating and setting goals. You forge a arrangement of accountability, articulate strategy and emphasize performance. Your biggest strength is design recognition. Meg Whitman, the CEO of eBay, and Jeff Bezos are practiced examples of SMART-driven CEOs.
If you've ever been a risk-taker, then your predominant fashion is GUTS. Guts driven entrepreneurs can react quickly and conclusively at a time of crisis. These leaders aren't afraid to make changes for the betterment of the future. When you remember of GUTS driven leaders, recall of Nelson Mandela or Richard Branson.
Finally, if yous are optimistic, intellectually curious and humble, you might only be driven past LUCK. Luck appears to be chaotic and unpredictable merely there have been lots of studies done to confirm the philosophy that luck favors the prepared (for more than on that, check out our review of Go Lucky). Tony Hseih, the founder of Zappos, is a skilful instance of that profile in action.
What You'll Love About Center, Smarts, Guts and Luck
Yous'll beloved how the volume is organized. At that place are only ten chapters in the volume (at least in the review copy).
The first chapter introduces you to the concept and explains what the book is about.
The side by side four chapters delve into each entrepreneurial personality style; their strengths, weaknesses and strategies for success. Each of these profile chapters also contains enough inquiry and data to brand yous feel comfortable with what the authors are saying.
Chapter 7 is called "Pulling it Together" and this is where yous'll get the quick summary of all the styles, where they shine and the limitations and obstacles that hold them back. The chapter that holds the "True Northward Questions" contains the ten questions that you can enquire yourself and in reading the possible answers, get a virtual kicking in the pants to overcome what's stopping yous.
Take the Eastward.A.T in the Book or on the Site
You can call this an interactive volume. There is an Entrepreneurial Aptitude Test that you can take in the back of the volume, or y'all can visit www.HSGL.com, register and take the assessment there. Once you have your profile gear up, you will desire to become back to sure sections of the volume and read it from the filter of knowing your manner.
Heart, Smarts, Guts and Luck is a Volume for all Leaders
This is a book that I would recommend for entrepreneurs, business owners and even managers. If y'all are a leader in whatsoever part of your life, this book is a must read. With another group of higher graduates coming into the workforce, this is an ideal book to get them thinking most where their natural leadership talents lie.
Heart, Smarts, Guts and Luck is a fantastic book that will help both entrepreneurs and managers take advantage of their strengths and take their organizations to the next level.
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Source: https://smallbiztrends.com/2012/06/heart-smarts-guts-luck-review.html
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