The Numbers Don’t Lie.
Andy Walter
Helping clear up the misconceptions around leadership that get most businesses stuck
We may misread them, misunderstand them, or simply ignore them, yet they do not lie.
Of all the gin joints in all the towns – wait wrong line, of all the businesses in all the world only about 2% are run by people who think anywhere near big enough.
According to John Warrilow the author of “Built to Sell” and the man behind the Value Builder System (used to maximise the value of a business before exit) about 75% of all businesses are set up and run by crafts people, these are the people who are great at what they do and would rather work for themselves rather than for others, it doesn’t matter if they have a limited company or are a sole trader these are the self employed people who do the work that earns them money and it is rare indeed if they ever employ anyone directly.
23% he calls Freedom fighters these are the people who build a business because they also do not want to work for others and see a business as the only way to achieve the independence and freedom that drives them. They loathe being tied down, seldom sell equity or raise finance for growth as they avoid debt like the plague, once they achieve a level of income that makes them feel free the cease to grow.
The 2% he calls Mountain Climbers, they want to change the world, build empires and change they way things are done, at the top of that mountain are the Elon Musks, Richard Bransons and Jeff Bezos, these are the people who dream big dreams, take calculated asymmetric risks and blaze a trail and are Ironically the only ones who ever achieve the true freedom the Crafts people and Freedom fighters really want.
So, what is the difference that makes the difference for them?
Here are 5 that I notice.
These are not the sole determinants of success. Other factors, such as creativity, innovation, market timing, and perseverance, also play vital roles in entrepreneurial success.
The key thing is, if you want to change the world, think bigger, network with those that can help you, learn every day, manage risk , focus on the things that move you forward ad get your mindset right and you will be amazed at what you can achieve.
If you want to know more get in touch
Director at Scitec Instruments Ltd
1 年Liked what you wrote, especially about Mountain Climbers :-)