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Fire-starter or non-starter?


                        Where do you fit on this
                         entrepreneurial scale?


www.leaderzone.org                                                                                  www.omnicor.eu

          Feel free to share this slideshow but please acknowledge its ownership by Leaderzone and Omnicor
We’ve been working to assess and coach
 entrepreneurs and entrepreneurial leaders for 25
                    years…



this model describes our understanding of the range
             of entrepreneurial talent



                              www.leaderzone.org       www.omnicor.eu

        You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
First things first:

entrepreneur does not mean successful!
another word for entrepreneur is change-maker
everyone is a change-maker to some degree




                               www.leaderzone.org       www.omnicor.eu

         You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
ask 10 of your friends to name an
          entrepreneur:

       4 will say Bill Gates;
    3 will say Richard Branson;
     2 will say Steve Jobs and
       1 will look confused
thank goodness for role models like Bill Gates and
Richard Branson because they help ordinary people
             set extraordinary goals.



      but little of what they are known for is
          fundamentally entrepreneurial



                              www.leaderzone.org       www.omnicor.eu

        You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
Branson and Gates, Sugar, Trump, Ramaphosa,
 Abramovitch and the late Steve Jobs are recognised
entrepreneurs but most of their lives were or are spent
    managing cash flow, revenue targets, people,
               suppliers and property

        They should be known as managers
          But managing isn’t glamorous


                               www.leaderzone.org       www.omnicor.eu

         You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
We know them as entrepreneurs because they inspire
  with their occasional ability to make the world
                     change!

 a little or a lot, where they’ve trodden, the world is
                        different.




                               www.leaderzone.org       www.omnicor.eu

         You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
• making change rather than owning a company or
  being rich is at the core of entrepreneurialism

• by this standard, many ordinary people leading
  conventional lives are entrepreneurs.

• every one who has a dream (big or small) and makes
  part of it come true is entrepreneurial

• everyone who imagines how something can be
  different, and who makes it so… is an entrepreneur


                              www.leaderzone.org       www.omnicor.eu

        You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
but some are more entrepreneurial than others.

      over the years we’ve assessed, coached and
   interviewed thousands of entrepreneurs from all
 walks of life; the model that I’ll share with you has
been built up as a result of careful observation, testing
                    and re-working



                                www.leaderzone.org       www.omnicor.eu

          You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
Omnicor LeaderZone’s
scale of entrepreneurialism




                       www.leaderzone.org       www.omnicor.eu

 You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
Withdrawn From Play…
 Originally as we developed this model in a BRICS economy we
didn’t have this category but now, social welfare has changed the
                              game.

As we work more and more in developed states with social welfare
 systems paying people to stay unemployed, (people whose entire
  families including parents and grandparents may have lived on
 benefits), it seems an unfortunately appropriate starting place for
                     our entrepreneurial scale.

 People in this category seem able but not willing to work, their
entrepreneurialism might be applied to queueing for a new type of
benefit or changing their brand of toothpaste, but it doesn’t fit our
                     notion of change-maker.

                                 www.leaderzone.org       www.omnicor.eu

           You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
The Bureaucrat Seatwarmer
 The bureaucrat has a defence for protecting against working too hard.
                                Rules!

  For some people, working hours, reporting lines and service standards
 describe the bare minimum that they expect of themselves. For the seat
            warmer, the same rules become a mantra, a target.

          Sorry if you arrive at the front of the queue at 4:31!
The bureaucrat will shut the service window without a smile. It’s the rule!

  The key motivation for the seat warmer seems to be job stability and a
               deep-seated sense of “my job is my right!”

 But they are entrepreneurs, seat-warmers do at least one change-making
                    thing in their lives, they get a job!

                                   www.leaderzone.org       www.omnicor.eu

             You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
The Corporate Exister
Not the talent bedrock of an organisation but certainly belonging to
                 the largest category of employees

 A solid worker who may rise up into dead man’s shoes; he or she
    generally flies under the radar, but may be known for a few
                   incidents of special competence

    Often know as a holder of knowledge of business process and
history however, the Exister might struggle to show economic value
 after years of CPI salary increases. He or she usually does enough
                 to avoid a poor performance rating

   Part of the furniture, in teams he or she may be said to be the
           “cultural hearth” never though, the heartbeat!

                                 www.leaderzone.org       www.omnicor.eu

           You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
The Corporate Thriver
 Sometimes referred to as an ‘intrapreneur’, an entrepreneur who
                   chooses to work for a boss

Energetic, runs his or her function like a business taking risk, being
creative and driven and often hard to manage unless the manager is
                        also a change-maker

  Promotable and energetic, working within the structures and an
eager brand ambassador; his or her enthusiasm is infectious and the
             Thriver tends to lead through inspiration

Unless he or she rubs people the wrong way the Thriver will be seen
 as high talent showing sound thinking and judgment and at least
            reasonably good ability to work with people

                                  www.leaderzone.org       www.omnicor.eu

            You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
Single Venture Franchisee
  This entrepreneur might or might not run a formal franchise business,
   that’s not the main issue. The main issue is his or her orientation
towards being an independent entrepreneur within a prescribed structure.

 The SU Franchisee likes to be free of a boss, can live with the risks that
  come from being free of a pay-cheque but knows he or she lives best
      without the loneliness or the risk of complete independence.

The fundamental promise that a franchisor makes to a franchisee is “take
 this business, run it according to the structures I provide and you will
        have a business!”. The Single Unit franchisee likes this

 Don’t get confused by thinking that all franchisees fit this category, it’s
not about what you do for a living. It’s about what you are best suited to
and in truth many franchisees are really corporate refugees, unable to be
 employed by an organisation. If, when offered the chance to become a
  corporate employee your answer would be to take a ‘proper’ job, you
                     don’t belong in this category!
                                   www.leaderzone.org       www.omnicor.eu

             You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
Multi Venture Franchisee
There is a significant difference between the desire to make a single
business that offers the owner independence and an income and the
instinct to create a complex business. It’s not about the money but
it is about the experience of working in a complex entity over which
you hold influence but not operational control.

The multi-venture franchisee owns several often similar or
complementary franchise businesses and leads them by influencing
employed managers in their efforts to stick to the rules.

For this person, the owner-operator model is not an option,
somehow he or she must make peace with the knowledge that
others are in daily control. The excitement is about creating an
enterprise rather than a shop, a practice or a factory.

                                  www.leaderzone.org       www.omnicor.eu

            You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
Single Venture Independent
 The single venture independent business owner is driven, like the
   SU Franchisee to build or own a business he or she can be in
control of, one that brings an income and that offers a limited range
                            of complexity.

Unlike the SU Franchisee, the single venture business owner thrives
on the freedom of starting, succeeding or failing without a guiding
                or a prescriptive business model.

When you think of the difference between Single Venture and Multi
 Venture franchisees or independents don’t be seduced by the scale
  of the operation, think about the complexity of it. A plumbing
business with three small branches run by the founder is probably a
 Single Venture independent business because its simple model is
                 defined by the founder’s control.
                                  www.leaderzone.org       www.omnicor.eu

            You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
Multi Venture Independent
The essential difference between single and multi venture entrepreneurs is
 not the number of outlets they run but the complexity of the business.

   A similar plumbing business, this time with three outlets united by a
 common purchasing and distribution system, with sophisticated branding
  and IT POS systems, with managers supported by advertising, leading
edge technologies and perhaps a set of compelling values, this is a business
            run by a Multi Venture Independent entrepreneur.

The risks are large, the complexity costs money and the owner must make
 peace with not having much direct control over the operations. But for
             him or her, it’s better than being a solo-plumber!

Many of the inspirational business people we read about and look up to,
epitomise this category of entrepreneurialism, it has the potential to take
                         place on a grand scale.

                                   www.leaderzone.org       www.omnicor.eu

             You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
The Wild-Eyed Entrepreneur
 The poster boy example must be Thomas Edison who filed around 2778
      patents (US and foreign, successful or not) during his lifetime

Driven by driving! An inventor of processes or things or organisations, the
  wild-eyed entrepreneur is not well balanced! This type of energy and
   extremism is rare, often obsessive and certainly difficult to manage!

 Risk becomes incidental, the need is to invent, to move forward, stasis is
               anathema to the wild-eyed entrepreneur.

   Edison did well because some of his inventions such as the light-bulb
   caught on and he had a fairly unique capacity to invent and to create
    structures around his inventions, structures that became a series of
 successful organisations. This management ability is a useful addition to
            wild-eyed entrepreneurialism but it is not common


                                   www.leaderzone.org       www.omnicor.eu

             You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
So there’s the scale…

   The variables increasing from Withdrawn to
Wild-Eyed Entrepreneur include characteristics like
  appetite for risk; action orientation; creativity;
 courage and boldness; independence and energy



                              www.leaderzone.org       www.omnicor.eu

        You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
Where do you fit?

 Try answering not in terms of what you aspire to be
   but instead look at at your life in terms of what
you’ve done, what are the best examples of your own
                  change-making?

        Now weigh them against the scale.




                               www.leaderzone.org       www.omnicor.eu

         You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
This is a working model, not a scientific truth
 so use the ideas to guide your thinking but don’t take the
                results to be written in stone!

  At Omnicor and LeaderZone we’re always working to
understand how to help leaders improve their organisations.

Please mail us if you liked this slideshow and if it made you
       think. We would love to hear your response


                           James Ashton
                        james@leaderzone.org
                               www.leaderzone.org       www.omnicor.eu

         You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
About Leaderzone and Omnicor
Omnicor is a team of organisation development experts working through Africa,
Europe and soon, the Middle East bringing psychological science to bear on
business decision makers. Select better, interview with intent, develop leaders and
know who your talented people are, why they stay and why they leave.


                                www.omnicor.eu

LeaderZone is Omnicor’s online sister company a site for business leaders at all
levels who want to be better at guiding and leading their teams. Accelerating
leader development. James Ashton is LeaderZone’s principal author and coach,
subscribe for free to receive weekly newsbriefs and subscriber opportunities


                               www.leaderzone.org

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Fire starter or non-starter? What kind of entrepreneur are you?

  • 1. Fire-starter or non-starter? Where do you fit on this entrepreneurial scale? www.leaderzone.org www.omnicor.eu Feel free to share this slideshow but please acknowledge its ownership by Leaderzone and Omnicor
  • 2. We’ve been working to assess and coach entrepreneurs and entrepreneurial leaders for 25 years… this model describes our understanding of the range of entrepreneurial talent www.leaderzone.org www.omnicor.eu You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
  • 3. First things first: entrepreneur does not mean successful! another word for entrepreneur is change-maker everyone is a change-maker to some degree www.leaderzone.org www.omnicor.eu You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
  • 4. ask 10 of your friends to name an entrepreneur: 4 will say Bill Gates; 3 will say Richard Branson; 2 will say Steve Jobs and 1 will look confused
  • 5. thank goodness for role models like Bill Gates and Richard Branson because they help ordinary people set extraordinary goals. but little of what they are known for is fundamentally entrepreneurial www.leaderzone.org www.omnicor.eu You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
  • 6. Branson and Gates, Sugar, Trump, Ramaphosa, Abramovitch and the late Steve Jobs are recognised entrepreneurs but most of their lives were or are spent managing cash flow, revenue targets, people, suppliers and property They should be known as managers But managing isn’t glamorous www.leaderzone.org www.omnicor.eu You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
  • 7. We know them as entrepreneurs because they inspire with their occasional ability to make the world change! a little or a lot, where they’ve trodden, the world is different. www.leaderzone.org www.omnicor.eu You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
  • 8. • making change rather than owning a company or being rich is at the core of entrepreneurialism • by this standard, many ordinary people leading conventional lives are entrepreneurs. • every one who has a dream (big or small) and makes part of it come true is entrepreneurial • everyone who imagines how something can be different, and who makes it so… is an entrepreneur www.leaderzone.org www.omnicor.eu You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
  • 9. but some are more entrepreneurial than others. over the years we’ve assessed, coached and interviewed thousands of entrepreneurs from all walks of life; the model that I’ll share with you has been built up as a result of careful observation, testing and re-working www.leaderzone.org www.omnicor.eu You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
  • 10. Omnicor LeaderZone’s scale of entrepreneurialism www.leaderzone.org www.omnicor.eu You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
  • 11. Withdrawn From Play… Originally as we developed this model in a BRICS economy we didn’t have this category but now, social welfare has changed the game. As we work more and more in developed states with social welfare systems paying people to stay unemployed, (people whose entire families including parents and grandparents may have lived on benefits), it seems an unfortunately appropriate starting place for our entrepreneurial scale. People in this category seem able but not willing to work, their entrepreneurialism might be applied to queueing for a new type of benefit or changing their brand of toothpaste, but it doesn’t fit our notion of change-maker. www.leaderzone.org www.omnicor.eu You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
  • 12. The Bureaucrat Seatwarmer The bureaucrat has a defence for protecting against working too hard. Rules! For some people, working hours, reporting lines and service standards describe the bare minimum that they expect of themselves. For the seat warmer, the same rules become a mantra, a target. Sorry if you arrive at the front of the queue at 4:31! The bureaucrat will shut the service window without a smile. It’s the rule! The key motivation for the seat warmer seems to be job stability and a deep-seated sense of “my job is my right!” But they are entrepreneurs, seat-warmers do at least one change-making thing in their lives, they get a job! www.leaderzone.org www.omnicor.eu You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
  • 13. The Corporate Exister Not the talent bedrock of an organisation but certainly belonging to the largest category of employees A solid worker who may rise up into dead man’s shoes; he or she generally flies under the radar, but may be known for a few incidents of special competence Often know as a holder of knowledge of business process and history however, the Exister might struggle to show economic value after years of CPI salary increases. He or she usually does enough to avoid a poor performance rating Part of the furniture, in teams he or she may be said to be the “cultural hearth” never though, the heartbeat! www.leaderzone.org www.omnicor.eu You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
  • 14. The Corporate Thriver Sometimes referred to as an ‘intrapreneur’, an entrepreneur who chooses to work for a boss Energetic, runs his or her function like a business taking risk, being creative and driven and often hard to manage unless the manager is also a change-maker Promotable and energetic, working within the structures and an eager brand ambassador; his or her enthusiasm is infectious and the Thriver tends to lead through inspiration Unless he or she rubs people the wrong way the Thriver will be seen as high talent showing sound thinking and judgment and at least reasonably good ability to work with people www.leaderzone.org www.omnicor.eu You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
  • 15. Single Venture Franchisee This entrepreneur might or might not run a formal franchise business, that’s not the main issue. The main issue is his or her orientation towards being an independent entrepreneur within a prescribed structure. The SU Franchisee likes to be free of a boss, can live with the risks that come from being free of a pay-cheque but knows he or she lives best without the loneliness or the risk of complete independence. The fundamental promise that a franchisor makes to a franchisee is “take this business, run it according to the structures I provide and you will have a business!”. The Single Unit franchisee likes this Don’t get confused by thinking that all franchisees fit this category, it’s not about what you do for a living. It’s about what you are best suited to and in truth many franchisees are really corporate refugees, unable to be employed by an organisation. If, when offered the chance to become a corporate employee your answer would be to take a ‘proper’ job, you don’t belong in this category! www.leaderzone.org www.omnicor.eu You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
  • 16. Multi Venture Franchisee There is a significant difference between the desire to make a single business that offers the owner independence and an income and the instinct to create a complex business. It’s not about the money but it is about the experience of working in a complex entity over which you hold influence but not operational control. The multi-venture franchisee owns several often similar or complementary franchise businesses and leads them by influencing employed managers in their efforts to stick to the rules. For this person, the owner-operator model is not an option, somehow he or she must make peace with the knowledge that others are in daily control. The excitement is about creating an enterprise rather than a shop, a practice or a factory. www.leaderzone.org www.omnicor.eu You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
  • 17. Single Venture Independent The single venture independent business owner is driven, like the SU Franchisee to build or own a business he or she can be in control of, one that brings an income and that offers a limited range of complexity. Unlike the SU Franchisee, the single venture business owner thrives on the freedom of starting, succeeding or failing without a guiding or a prescriptive business model. When you think of the difference between Single Venture and Multi Venture franchisees or independents don’t be seduced by the scale of the operation, think about the complexity of it. A plumbing business with three small branches run by the founder is probably a Single Venture independent business because its simple model is defined by the founder’s control. www.leaderzone.org www.omnicor.eu You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
  • 18. Multi Venture Independent The essential difference between single and multi venture entrepreneurs is not the number of outlets they run but the complexity of the business. A similar plumbing business, this time with three outlets united by a common purchasing and distribution system, with sophisticated branding and IT POS systems, with managers supported by advertising, leading edge technologies and perhaps a set of compelling values, this is a business run by a Multi Venture Independent entrepreneur. The risks are large, the complexity costs money and the owner must make peace with not having much direct control over the operations. But for him or her, it’s better than being a solo-plumber! Many of the inspirational business people we read about and look up to, epitomise this category of entrepreneurialism, it has the potential to take place on a grand scale. www.leaderzone.org www.omnicor.eu You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
  • 19. The Wild-Eyed Entrepreneur The poster boy example must be Thomas Edison who filed around 2778 patents (US and foreign, successful or not) during his lifetime Driven by driving! An inventor of processes or things or organisations, the wild-eyed entrepreneur is not well balanced! This type of energy and extremism is rare, often obsessive and certainly difficult to manage! Risk becomes incidental, the need is to invent, to move forward, stasis is anathema to the wild-eyed entrepreneur. Edison did well because some of his inventions such as the light-bulb caught on and he had a fairly unique capacity to invent and to create structures around his inventions, structures that became a series of successful organisations. This management ability is a useful addition to wild-eyed entrepreneurialism but it is not common www.leaderzone.org www.omnicor.eu You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
  • 20. So there’s the scale… The variables increasing from Withdrawn to Wild-Eyed Entrepreneur include characteristics like appetite for risk; action orientation; creativity; courage and boldness; independence and energy www.leaderzone.org www.omnicor.eu You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
  • 21. Where do you fit? Try answering not in terms of what you aspire to be but instead look at at your life in terms of what you’ve done, what are the best examples of your own change-making? Now weigh them against the scale. www.leaderzone.org www.omnicor.eu You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
  • 22. This is a working model, not a scientific truth so use the ideas to guide your thinking but don’t take the results to be written in stone! At Omnicor and LeaderZone we’re always working to understand how to help leaders improve their organisations. Please mail us if you liked this slideshow and if it made you think. We would love to hear your response James Ashton james@leaderzone.org www.leaderzone.org www.omnicor.eu You are free to share this slideshow but please acknowledge ownership by Leaderzone Omnicor
  • 23. About Leaderzone and Omnicor Omnicor is a team of organisation development experts working through Africa, Europe and soon, the Middle East bringing psychological science to bear on business decision makers. Select better, interview with intent, develop leaders and know who your talented people are, why they stay and why they leave. www.omnicor.eu LeaderZone is Omnicor’s online sister company a site for business leaders at all levels who want to be better at guiding and leading their teams. Accelerating leader development. James Ashton is LeaderZone’s principal author and coach, subscribe for free to receive weekly newsbriefs and subscriber opportunities www.leaderzone.org