Startups Phases

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Start-ups Phases Phrases,
Entrepreneurship, Beyond the Friday
Hawaiian Shirt!

• Douglas J. Erwin
• Chairman CEO
• The Planet

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• Start-ups
• Phases Phrases

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Phases Phrases
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Phases Phrases
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Phases Phrases
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Phases Phrases
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• Start-ups
• Entrepreneurship

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Entrepreneurship Defined

• en-tre-pre-neur, n.
• A person who organizes, operates and assumes the
  risk for a new business venture.
• Dougs Take
• The last frontier for the troublemaker.

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Key Characteristics of a Successful Entrepreneur
Key Characteristics of a Successful Entrepreneur

• Risk taker
• Not afraid to fail
• Clear communicator
• Passionate
• High energy
• Manager vs. Leader
• Understands their limits
• Focused but ALERT

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Lessons on Entrepreneurship
Lessons on Entrepreneurship

• Fill a need that actually exists, not one you
  wish to exist.
• Stay focused. Its too easy to stray and try to
  boil the ocean.
• Be willing to modify if it becomes clear that the
  original idea is no longer appropriate.
• Hire the best, brightest dont be afraid of
  having too much brain power.
• Hire an experienced management team. There is not
  enough time for learning on the job.
• Ultimately, you must make a dollar. Sooner is
  better than later.

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Beyond Entrepreneurship Leadership
Beyond Entrepreneurship Leadership

• Recognize the knee in the curve
• Leading from several levels removed
• The buck stops with you
• Eyes are watching you all the time
• Different yardsticks used for measuring you
• Troops that are aligned with the companys
  mission, strategies values make the magic happen

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• Start-ups
• Beyond the Friday Hawaiian Shirt

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Corporate Culture
Corporate Culture

• Q How do you create a culture?
• A You dont, it evolves but you help by
• Believing in the the importance of people
  understanding what motivates them
• Addressing organizational challenges stamp out
  turf battles
• Surrounding yourself with the right people
• Reinforcing teamwork bonding with direct
  reports across the board
• Risk plans for ALLOwnership for ALL
• Enforcing Pavlovs 7 Entrepreneurial Laws

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Pavlovs 7 Laws to Leadership
Pavlovs 7 Laws to Leadership

• The Bell
• The Wandering Bat
• The Fat Lady Singing
• Monday Morning Management Meetings
• Open Door Policy
• Document and Publish Quarterly Goals
• Learn Something New Each Day

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Hiring Criteria
Experienced Sense of Humor Passionate
Energetic Team Player Creative

• Remember
• Every employee is a reflection of your company
  (Director of First Impressions).
• You can only make 10 good decisions a day.
• Hire the right people to make more.

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Myth Peoples 1 reason for changing jobs is
MONEY
Myth Peoples 1 reason for changing jobs is
Money

• People change jobs because
• They want an opportunity where they
• Contribute beyond their direct responsibilities
• Feel like they are part of the decision-making
  process
• They are looking for a stimulating/satisfying
  environment
• Physical Environment
• Mental/Political Environment
• And compensation is fair.

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Is your companys environment stimulating?
Is your companys environment stimulating?
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What a little corporate culture can do for YOU!
BEFORE
AFTER