The Mindset
Clive Kerridge - Senior Lecturer in Strategy
in Organisations, University of Gloucestershire
Do you have what it takes to
be an entrepreneur?
…. Start and run your business
A bit of fun!
• Scribble down a list of numbers 1 - 25!
• Write down your score alongside each
number as each question is read out.
Q number
Your Score
1
2
2
3
3
0
.
25
Total score
Scoring
3 is for a True answer
2 for each Sometimes answer
0 for each False answer
questions true, false, or
sometimes
• 1. I view obstacles as challenges to overcome.
• 2. When working on a project that intrigues me, I
lose track of time.
• 3. I am goal-oriented.
• 4. I rarely make the same mistake twice.
• 5. If I say I'm going to do something, it gets done.
• Scoring
3 is for True answer
2 for each Sometimes answer
0 for each False answer
Some more!
• 6. Success is important to me.
• 7. I'm often the one to come up with new ideas or
new ways to do things.
• 8. Change doesn't bother me.
• 9. I like learning new things -- even things I see no
immediate use for.
• 10. I trust my intuition.
• Scoring
3 is for True answer
2 for each Sometimes answer
0 for each False answer
… and more !
• 11. When told something is impossible, it makes
me want to try even harder.
• 12. I'll work doggedly on a problem until it's solved.
• 13. I take calculated risks.
• 14. I don't suffer from analysis paralysis.
• 15. I like to travel to new and exotic places.
• Scoring
3 is for True answer
2 for each Sometimes answer
0 for each False answer
… almost there now!
•
•
•
•
•
16. I bounce back quickly from setbacks.
17. I'm self-confident.
18. I see the glass as half-full.
19. I view mistakes as inevitable.
20. I'm willing to give up security in the present
for possible long-term rewards.
• Scoring
3 is for True answer
2 for each Sometimes answer
0 for each False answer
Last one, honest!
• 21. I prefer to travel the road less taken.
• 22. I make decisions based on having enough
information, not all the information.
• 23. I enjoy working independently.
• 24. I like to lead projects and people.
• 25. Persistent is my middle name.
• Scoring
3 is for True answer
2 for each Sometimes answer
0 for each False answer
• Now add all your scores up!
• ( … perhaps you should have
concentrated more in your maths
lessons at school!)
Are you entrepreneurial?
• A score of 60-75
You not only can but should have your
own business. Start thinking about and
planning for what you would most love to
be doing with your life.
• Copyright 2007 by Lois P Frankel - Warner
Business Book.
Are you entrepreneurial?
• A score of 48-59
•
There's definite potential, but take a look
at those areas where you answered false
or sometimes and focus on what you need
to do to ensure success.
• Copyright 2007 by Lois P Frankel - Warner
Business Book.
Are you entrepreneurial?
A score of 37-47
The desire is there, but the skill level may
not be. You're going to have to push
yourself in areas outside your comfort
zone or perhaps partner with others who
can complement your natural skills.
Copyright 2007 by Lois P Frankel - Warner Business Book.
Are you entrepreneurial?
A score of Below 37
Unless you have some overwhelming desire
to start your own enterprise or can
contribute to an entrepreneurship in a
narrowly defined area of expertise, you may
be better off employed by someone else.
Copyright 2007 by Lois P Frankel - Warner Business Book.
Group Exercise
Idea Generation
• Think about the things that you like/enjoy
• Think about the things you really like doing
• Think about the things that irritate or
frustrate you
e.g. when you are shopping; or when you need
service
• Think about the things or services that you
need
i.e. on which you have to [?!] spend
money/time
Idea Generation
Passions
Hobbies
Frustrations
Necessities
Idea Generation
Passions
Cars
Rugby
Food
Art
Hobbies
Track Days
Going Out
Watching Sport
Keeping Fit
Frustrations
Spending Money
Shopping
Being Cold
Running out of
time
Necessities
Insurance
DIY
Cooking
Cleaning
Activity: Teams to now fill in
the upper four sections
Passions:
Hobbies:
Frustrations:
Needs:
Links:
Business Opportunity Ideas?
Idea Generation
Passions
Hobbies
Frustrations
Necessities
Cars now let’s
Track
Daysthese Spending
Money– Insurance
OK,
put
together
and
Rugby
Going Out
Shopping
DIY
make
Food some business
Watching Sportideas!
Being Cold
Cooking
Art
Keeping Fit
Running out of
time
Cleaning
First – make some links
(you don’t have to agree but it helps)
recommendation: use different coloured pens
Then – envisage some business concepts
(that might satisfy you – and other customers)
recommendation: think who would be the customers?
Teams to now fill in
the bottom two:
Passions:
Hobbies:
Frustrations:
Needs:
Links:
Business Opportunity Ideas?
Now each group explain to all
(briefly!) one of your business ideas
•
•
•
•
•
•
•
Team 1
Team 2
Team 3
Team 4
Team 5
Team 6
Team 7
Previous years’ winners and finalists
2008 - Vanilla Pod Bakery
2009 - The Cotswold
Deli Smart Notebooks
2010 - Active Krav Maga
Pinnell Productions
2011 - Whyte Winter
www.monacomoneyclothing.com
2012 - Seen Clothing
Name/logo, Pictures and website
Open Award Finalists
Hassle Free
Computing
Nick Burke
Your Opportunities
The
Caribbean Uncovered (Y.O.U.)
Experience
Simone Vincent
Brendan Mackenzie
RefShop.co.uk
Roger Goodwin
Taught Award Finalists
Pet
Paradise
Tremin
Records
Gurkhas
Khukuri
CP Exclusive
Melanie Homes
Hillary Okech
Akash Rawal, Subin Pradhan,
Nirajan Shrestha
Barnaby Nickels, Andrew Miller,
Dominic Crowder
In association with the University of Gloucestershire’s Alumni Association and with the support and sponsorship of:
Business Planning
Competition 2012/2013
• ADD NAMES and PHOTOS if available!
• ADD sponsor names/logs at bottom of
slide
Timetable
Date
Event
Speakers
24th October
The Mind-set
Guest Speaker: Fraser Fudj Q&A
Starting a business is child’s play – understand what Clive Kerridge – Envisioning Your Business
it takes to get into the mind set of an entrepreneur
31st October
The Experiment
Fiona Spencer and various members of the
Business speed mentoring – less embarrassing than Chartered Institute of Marketing
speed dating but just as challenging
7th November
#entrepreneur – Social Enterprise
Various Members of the Students Union And the
Social Enterprise – Tweeting and liking for a business Green fund
where society profits
14th November
The Protection
Guest speakers: Rob & Paul from Gandys Flip-flops
Creating a business from a crisis and protecting your Rickerby’s – Steve Murray – Intellectual Property
most valuable assets
THE END
ARE YOU ENTREPRENEURIAL ?
Try the General Enterprising Tendency test
GET test is available on
http://www.get2test.net
GET questions cont’d….
and… Are you Creative?
(the CREAX test)