Young: Changing face of entrepreneur

Unlike most managers in large, stable organizations, entrepreneurs often must exercise many roles in their entrepreneurial venture.

Feeling rather professorial this week, as I tend to do from time to time, particularly when I am inspired by some tidbit of information, thought or experience. Unlike most managers in large, stable organizations, entrepreneurs often must exercise many roles while exploring and launching their entrepreneurial venture.

Roughly speaking, in the following sequential order, such roles are played out almost daily by existing and aspiring entrepreneurs on their journey to personal change: visualizer, planner, resource gatherer, resource organizer, sales/marketing guru and administrator.  My primary motivation to share these thoughts with you is the upcoming Okanagan Valley Entrepreneurs Society monthly town hall May 30 at 7 p.m. at Manteo Resort. There will be four speakers and the audience will be enjoy lively discussion on the entrepreneurial process, from ideas to venture launch and everything in between.

OK, back to the beginning…How does he or she do it? Poorly? By working heroic hours?  By delegating tasks to others? By being as inexplicable genius? Often, the answer is yes, to all of the above.

Take a moment to look at each of these roles and try to imagine the mysterious journey the entrepreneur undertakes.

The visualizer: This role is central. An entrepreneur is someone who can look at products and services and visualize what others cannot see, that is, opportunities to create a new value. Or, as I have stated before, looking at the world the same as everyone else but thinking, acting and behaving differently.

The planner: Obviously then, is required to drive the perceived entrepreneurial opportunity toward reality. The budding entrepreneur plans each move and generally works by themselves initially, but uses acquaintances and self-developed networks to gather information, advice, emotional and intellectual support.

The resource gatherer: This role is often seen as ambiguous as tasks and resources have to be identified, divided, co-ordinated and eve, yes, delegated.  The entrepreneur decides which tasks will be accomplished through his or her own abilities and by others.

The sales/marketer: Invariably along the entrepreneurial journey, the entrepreneur must sell him or herself, the idea, the company, the products or services, as part of the ongoing new venture process. In fact, amusedly, it is said at this stage, the entrepreneur is the product or service offered.  The desire is ever-present to succeed along the venture highway.

The administrator: Perhaps, when viewing this role of the entrepreneur, we can muse of this sequence: you create something, you grow it, you search for your competitive advantage – then you tie it down tightly, making it as efficient as possible.

Just Posted

Big White to send off Olympians in style

Okanagan ski resort picked as location for official send-off of Canada’s 2018 Winter Olympic team

Flames ruin birthday in Lake Country

Fire crews were called to a home in Lake Country, Sunday night

Kelowna airport hosts accessibility event

Canucks Autism Network event brings families together to help deal with air travel

B.C.’s minimum wage in the spotlight in Kelowna Tuesday

The Fair Wages Commission will hold a hearing to gather public input

Dogs in the classroom

Therapy dogs help young students learn in the Okanagan

Heavy snowfall expected on Coquihalla

Snow forecast for mountain highways

ICBC overbilling for crash repairs not the problem, dealers say

Collision repair shops reject union claim of inflated costs

Last day for shoeboxes at Kelowna Gospel Fellowship

Kelowna church has been gathering gifts for kids in need in countries around the world

B.C. sport groups to address child sex abuse in sports

viaSport is organizing a full day of education in association with Canadian Centre for Child Protection and the Coaching Association of Canada.

Report sets exercise guidelines for young kids, including ‘tummy time’ for babies

Kids aged one to four should get at least three hours of physical activity throughout the day

Stampeders return to Grey Cup with 32-28 win over Edmonton Eskimos

The Stampeders will face the Toronto Argonauts next Sunday in Ottawa for the title

Traxxas Monster Truck Tour to roll into Kelowna

Monster Trucks at Prospera Place on Jan. 13-14, 2018.

Nebraska approves TransCanada’s Keystone XL pipeline

Nebraska’s Public Service Commission approved TransCanada’s Keystone XL route in a close vote

Hard of Hearing group to lobby for better services

Kelowna group says public buildings in Kelowna and the Okanagan should be better equipped

Most Read