Each Thursday in September, we’ll be featuring an EO member who’s shared their experiences establishing innovative products or mindsets. This week, we tip our hat to Chad Hughes, EO Calgary member and President and CEO of LandSolutions LP. His article, “The Readiness Factor,” will be featured in the upcoming September 2015 issue of Octane. Chad asks readers if they’re truly ready for growth and the next stages in their business venture.
THE EO BLOG
By Marcus Taylor, Founder of Venture Harbor
Over the past few weeks I’ve asked 30 extraordinary people in the music industry for their most valuable words of advice for aspiring entrepreneurs. Without further ado, here are 30 pieces of advice from 30 music industry entrepreneurs.
“Less than 1% of ideas last more than a few years, so don’t take a single failure as a sign that you aren’t a capable entrepreneur. Numbers don’t mean much to an entrepreneur. It’s about your unshakeable will and your unusual vision. You have to out-hustle and out-think everyone else. You have to predict where your market is going based on a multitude of factors that others simply aren’t seeing because they are blinded by some other false truth. You are the new truth. Believe that, and your chances of succeeding are 50/50!”
– Robb McDaniels, CEO, INgrooves
Categories: Best Practices
By Dean M. Brenner, president of The Latimer Group and author of SHARING THE SANDBOX: Building and Leading World-Class Teams in the 21st Century.
When we inherit or join an existing team, often the best way to make that team great is to fine-tune the necessary adjustments rather than start over. In other words, sometimes you just have to play the hand of cards that you have been dealt. Conversely, when given the chance to build a team from the beginning, it is a fantastic opportunity to create something special. Making the most of that opportunity, however, requires some planning and forethought.
This opportunity is so common for entrepreneurs who are either starting their new business, or still have the nimbleness in their organization to build things quickly and react to opportunities. With that entrepreneurial reality in mind, here are six steps you can take the next time you have the opportunity to build your team from scratch.
By Faisal Hoque, founder and CEO of BTM Corporation, and author of The Power of Convergence
Like every entrepreneur, I’ve endured – and learned from – my failures and successes. Beyond our own missteps or moments of brilliance, we face constant challenges in a quickly changing world that demands new rules. More enlightened and nimble thinking must be applied to solve the complex issues we face in today’s competitive global landscape.
By Lisa Nirell, a strategic growth and marketing expert, and the Chief Energy Officer of EnergizeGrowth®.
As you start the second quarter of 2011, your growth plan and marketing activities are well underway. How will you keep them fresh and relevant?
Launching and implementing your growth plan entails risks. Plans often expose underlying conflicts within the organization. It may disrupt the status quo, the ways decisions are made, and strain the most established relationships among key players. How can you prevent current operating norms and B.S. (Belief Systems) from dictating, derailing, or delaying your growth plan?