entrepreneurial leadership

www.nucleusofchange.com/nec

Entrepreneurial Leadership Find other people who are greater at the tasks that you need to get done Henry Ford


House keeping!

Get Ready To learn

new things

Chat box

1h30

RecordingWebinar ToolsNoise management

Q&A at dedicated time

Implement at least one thing


My Intentions Objectives: share with you the keys that great business leaders use to build a solid and profitable business

For solopreneurs

Learn strategies to take your business to the next level by having the right people around you

For seasoned Leaders

Fresh ideas to revitalise your team and inspire them to go the extra mile


What to expect from this webinar?

Why Leadership is important for business growth

The 3 skills you need to go to the next level

How to attract, recruit, motivate and retain your success team

The 10 keys to build a dedicated team

5 tips to attract the right people even when you cant afford to pay big money

How to move from an Entrepreneur to a Leader

The 2 attributes to manage people effectively

The ultimate skill to become a great Leader


Francine Beleyi


Doctor with or without Drugs?


My Current Occupations Bilingual French-English, diverse

international business experience in Africa, France, UK

Founder of Nucleus of change Chair of Nucleus Entrepreneurs

Club (NEC) Speaker in Entrepreneurship &

Leadership Steering committee Member &

Member of Entrepreneurship Programming at EPWN-London

Project manager of SOHCA (SL)


My big why: lifestyle + contribution


We are living in one of the most exciting & challenging times of all human history

Entrepreneurship is growing very rapidly: women, young, retired, unemployed,

We have innovators, visionaries, social entrepreneurs, internet entrepreneurs, info-preneurs, mom-preneurs

It has never been easier to start a business before than it is today thanks to PESTEL

Leadership is key to build a solid business and move your biz to the next level

What the Trend looks like?


The Facts!

99.9% of enterprises in the UK are SMEs 4.8 millions businesses in the UK in 2008 3.5 millions businesses are solo proprietors (no employees)

In London 630,000 businesses are solo preneurs

Srce: The Department for Business Innovation and Skills http://stats.bis.gov.uk/ed/sme

Is it a choice by default or an informed one? How do you take your solo business into a bigger one if you wish so?


Your most important job as an entrepreneurial leader is not to find new opportunities or to identify the criticalcompetitive insights.

Your task is to create an organization thatdoes these things for you as a matter of course.

You will have succeeded when everyone in the organization takes it for granted thatbusiness success is about a continual searchfor new opportunities and a continual lettinggo of less productive activities.

By Rita Gunther McGrath, Ian MacMillan, The Most Important Job: Entrepreneurial Leadership

Entrepreneurial Leadership


Stage 1 : The beginnings

Most business go through this stage regardless their activities

Entrepreneurs dislike bureaucracy and politics of past employed life

Want to keep things simple

Enterprise & Entrepreneur = one & only entity

Problem: lack of time, skills, energy

End up isolated and give up!


Stage 2 : Evolve or Not?

Consider lifestyle & vision Go or No go? If you have a big vision you cannot do it alone! You need to learn the rules of the game : learning to become a great Leader

Need to become or hire a competent Manager => 2 separate roles now Manager role: Managing & taking decisionsneeded for the smooth running

Founder role: Controlling what has been done Bringing new people in a biz can be risky and uneasy

But can be done when you know what you want


3 key characteristics of the Entrepreneurial Leader

1. Perfect knowledge of your market (know all the details)

2. Clear & precise Representation of what the next stage looks like

3. Know how to communicate your vision in a compelling way to others


Case study: Steinberg grocery stores

Steinberg, grocery stores founded in 1917 by Sam Steinberg. Successful until 1933 when one store was loosing $125/week Sam actions

Friday: close the door, transformed the shop into a self-service, changed the name from Steinbergs Service Storeinto Wholesale Groceteria, 15-20 % reduction, printed flyers & distributed them Monday: open the door of the new store.

Huge success then transformed other stores into self-services too.

In 1960 self service shops was booming but Sam Steinberg was far ahead of the competition.


Critical Factors of Success for Steinberg and Lessons

1. Intimate knowledge of his market

2. Clear representation of the Vision and careful execution of the vision

3. He knew how to communicate it

He will retransmit this knowledge to his staff.

The staff was learning continuously that was the key of their success.

He saw the problem as opportunity


10 keys to become a great manager and to build a solid business

6. Listen to your people

7. Know what motivates them to work hard for you

8. Make quick decisions base on facts and your intuition

9. Give your staff the opportunity to be creative & take risks

10. Follow your passion and work at something you really enjoy

1. Decide what you want (clear vision )

2. Find a strong a manager (let your ego at the door )

3. Hire People that espouse your values

4. Communicate your vision clearly

5. Give them direction


5 ways to attract the right people even when you cant afford to pay big money

1. Have an Attractive brand - Be the expert

2. Have a compelling vision to communicate

3. Picture a place where people will contribute, fulfil their potential, create a meaning

4. Portray a sense of belonging, camaraderie, they are part of an exclusive stuff

5. Give equity in your business


Its lonely at the top!

Do too many things and end up burn out

Lack of sound Board to help solve business problems & take informed decision

Stuck in a day to day routine thus difficult to see the wood from the trees

Freedom but No Accountability

Why NEC was born?


Why keeping doing the same thing?

Definition of madness

Doing the same thing again & again expecting a different result Einstein


Nucleus Entrepreneurs Club (NEC) brings together Entrepreneurs & Executives to solve business issues, share experience, support each other & learn new skills

A one-stop place for Entrepreneurs to access a blend of learning with workshops, peer learning, mentoring, coaching and training to develop Business & Leadership skills

NEC programmes are specifically designed to provide you a unique experiential learning toboost your Business Performance with the support of Peers.


The Vision at NEC

Economical and Social ambition

Creating a Community of Successful Entrepreneurs, who think bigger than themselves and are committed to help other Entrepreneurs to succeed

Entrepreneurship as a tool to fight poverty and empower people to live their best life

Values: Passion, Excellence, Collaboration & Sustainability


September 2010 programmeBooster Programme


September 2010 March 2011

A Unique Experiential Programme

Designed To Boost Your Business Performance

With The Support Of Peers!


One Full Day of Team Building

Be Equipped With Personal,

Business & Leadership Skills

September 2010


The NEC 90 Days Challenge TM

Measurablestretchedresult

Clear action plan

Big SMART goal

Learning

Accountability

Experi -mentation


NEC Mastermind Meetings Monthly in Central London


One to one Mentoring


Energy Diamond Coachingwith Jazz Rasool


Webinars


NEC Awards Night to Celebrate your achievements

NEC Prize for the greatest achievement

Invite friends, colleagues and family to celebrate your hard work

Awards Celebration Night (March 2011)


What NEC Members Say ?

Joining NEC is the best

practical thing that

could happen for me.

G.P Director of Company



I liked the organised

format with allotted time

for each person, the support

from qualified professionals

as well as other members'

suggestions.

Most of all, I felt that I

was supported just from

being heard - without fear

of judgement on my ideas.



What works for me, is

the energy that comes

from my commitment and

being accountable. I

feel more empowered

when I know that I have

set a goal and I see

this as a promise to

myself. I fully

understand the power of

a group.


Who Can Join NEC?

Entrepreneurs, Social Entrepreneurs & Executives > 2 years in business

Want a serious boost in Business

Committed to see tangible & significant results rapidly

Willing to offer and receive support


NEC Privilege Membership

NEC Elounge MembershipNEC Premium Membership

Limited availability. Ask for the [email protected]

Three Levels of NEC MembershipSeptember 2010- March 2011

With NEC, it shouldnt be lonely at the top!

With NEC, it shouldnt be lonely at the top!


NEC Members Selection Process

Rigorous selection process

Very limited places

Two steps to ensure we have the right people in the club 1. Apply online www.nucleusofchange.com/nec

Click on Join

2. We will call you for an interview.


NEC Affiliates Program

You are warmly encouraged to refer suitable candidates to NEC program.

15% Affiliate fees on the successful applicant package

Ask for your affiliate [email protected]


From Entrepreneur to Manager

5 basic functions: technical, commercial, financial, operations and administration

But most of the time administration is neglected => People find it boring (admin workpile of paper, bureaucracy, ..)

The MBA (Master of Business Administration) invented to solve this issue but did it meet the expectation?

5 tasks to consider for administration: Planning Organisation Commandment Coordination Control

Conservative View of the Manager (Fayol)


From Founder to Manager

3 main activities of a Manager:1. Decision: That is the first key skill

they spend their time decidingwhat to do and what to leave

2. Contact: represent company, leader for staff (motivate, guide, role model)

3. Information: scan info & observing careful, propagate info internally & externally

Modern View of the Manager (Mintzberg)


The 2 keys to become an excellent Manager

1. Power: ability to force others to do things (stick & carrot)

2. Authority: ability to make people do things voluntarily (people accept this person as competent thus submit )


From Manager to Leader

Greater way of having power is to have influence

Influence = Ability to change the attitude, behaviour and habits of someone

its dynamic = leadership authentic leadership (upcoming book)


Summary

Entrepreneurial Leadership defined Business phases of growth & Leadership needed Why some businesses remain a one person : lifestyle or default The 3 characteristic of a great Manager How to attract, recruit, motivate and retain your success team The 10 keys to become a great manager and to build a solid

business 5 tips to attract the right people even when you cant afford to pay

big money How to move from Entrepreneur to a Leader : not straightforward The 3 key roles of a manager : decision, contact, scan information 2 ingredients you need to manage well : power & authority Ultimate quality to become a Leader: influence.


What is the one thing that you are going to implement immediately?

Which kind of leader do you want to become in your business and in your life?

Who will help you in your journey?

You dont need to be alone to get there.

Join us today at NEC to partner with you to achieve your vision with the support of peers who have your best interest in mind.

Register now @ www.nucleusofchange.com/nec

What next?

entrepreneurial leadership

Documents

solo business

solid business

comnec stage

business innovation

business growth

new people

great business leaders

sam steinberg