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Ryan Trainor
1. Articulate and sell your vision and build strong teams with skilled people who offset your weaknesses and excel at implementation.
2. Foster good relationships with your bank, clients, staff and other stakeholders.
3. Create processes and systems to get the best out of employees. People want to be part of a company where they can have input and be recognised for it.
Mario Salva
1. Know your market. Research who your target customers are, what they can afford and how you can deliver your product at a more competitive price than your opposition.
From BRW, Feb 12-18, 2008
BRW also listed 10 attributes which I did not find nearly as insightful compared to the quotes from actual entrepreneurs.
1. Someone who makes significant difference
2. Is creative and innovative
3. Spots and exploits opportunities
4. Finds resources and competencies for the business
5. Is a good team-builder and networker
6. Is determined in the face of adversity and competition
7. Manages change and risk
8. Has control of the business
9. Puts customer first
10. Creates capital
Categories: Strategic Management 1 | Topics | Entrepreneurship |
Posted on Feb 14, 09
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