I’ve spent over 25 years trying to figure out how people can become successful entrepreneurs, innovators and professionals. I’ve broken down success into four areas: industry or thought leadership, building a successful business, leading a team and personal productivity. This website contains lots of perspectives on these topics and grows day by day as I learn more.
I’m one of those crazy people who believes in evidence based management or to put it another way, if you aren’t basing decisions on research then what are you basing them on? For this reason, I do research form time to time to figure out how entrepreneurs, innovators, and professionals become successful.
Yes, this is a blatant plug for business. I have to earn money somehow. I spend most of my time helping entrepreneurs become industry leaders through the creation of thought leadership. I also help them build their business by acting as their CFO, coach or mentor and I do a fair bit of speaking and teaching to round out what is essentially a grab-bag of services.
I’m a serial entrepreneur and I’ve been an investor, director or officer of over a dozen companies, most of them in technology. I’ve also taught at the Schulich School of Business and the University of Toronto. Like many entrepreneurs, I lack an ability to focus, like chasing shiny balls, and am easily bored, so I do all sorts of things just to keep entertained.
Why this stuff is important
Percentage of new products that fail.
Percentage of startups that fail
Percentage of failures due to lack of market need
Percentage of venture backed startups that earn a 4X return
Building a Successful Business
One of the things I’ve found is that the rate of growth of your business is totally dependant on your ability as an entrepreneur to learn. You’re getting new things thrown at you every day and if you can’t learn fast enough how to handle them, your business will wither or die. That’s why you can never stop trying to learn what it takes to be successful, or at least how not to fail. There is lots of advice out there and I’ve attempted to add to the discussion mostly by helping people get better at executing.
You don’t wake up every day trying to be the same as everyone else do you? And if you’re starting a company, it’s not because you are trying to copy another company. No, you’ve been thinking lots of big thoughts and it’s time to turn those into a leadership position in your industry. If you want to be a successful entrepreneur, it’s time to develop some thought leadership so you’ll get recognized as an expert.