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

Wild fires blaze in the Okanagan, the weekend in your words

We have compiled a community photo album of your wildfire photos

Okanagan Wildfires: An afternoon update on wildfires and evacuations

A Sunday afternoon look at the major wildfires impacting the Okanagan and Similkameen.

VIDEO: Sailing under the sun at the BC Games

Maple Bay in the Cowichan Valley was host to dozens of athletes sailing on small prams to planing dinghys

BC Wildfire holding steady on Okanagan Complex

Evening update on Okanagan fire situation

Power couple speed into top spot at L’Alpe de Grand Blanc at Big White

The professional riders have been training all year

BC Games: Day 3 wrap and closing ceremonies

The torch in the Cowichan Valley has been extinguished as Fort St. John gets ready to host the 2020 BC Winter Games

Police confirm girl, 8 others injured in Toronto shooting; shooter dead

Paramedics said many of the victims in Danforth, including a child, were rushed to trauma centres

Why do they do it? Coaches guide kids to wins, personal bests at the BC Games

Behind the 2,300 B.C. athletes are the 450 coaches who dedicate time to help train, compete

Reel Reviews: Floundering inferno

We quote Charlie Brown: “Good grief!”

UPDATE: Five taken to hospital following one of two Coquihalla accidents

One airlifted in critical condition, four taken via ambulance in stable condition

Ottawa fails to find alternative buyer for Trans Mountain pipeline by deadline

The feds had announced it was purchasing the $4.5 billion pipeline earlier this spring

Government sets full-time salary range for Justin Trudeau’s nanny

At its top range, the order works out to a rate of $21.79 per hour, assuming a 40-hour work week

Lower Mainland teams battle for baseball gold at BC Games

Vancouver Coastal squeaked out a 3-2 win against Fraser Valley

The Northern Secwepemc te Qelmucw people signed an agreement-in-principle with the B.C. government

The signing ceremony, at the Eliza Archie Memorial School, was 25 years in the making

Most Read