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The Heartbreak of the Musical Entrepreneur

February 19, 2010 by admin

[youtube=http://www.youtube.com/watch?v=EAtBki0PsC0&feature=player_embedded]

Some whimsy (with a message) for @culturevultures

Filed Under: enterprise Tagged With: enterprise, enterprise journeys

Enterprise Strategy at its Worst?

February 11, 2010 by admin

[youtube=http://www.youtube.com/watch?v=X4OPFl2Kxhs]

  • Will your ‘dream business’ REALLY be your dream business?
  • IF you start to make money – will it REALLY make you happy?
  • Is starting a business in YOUR self interest or in that of a bureaucrat/government department?
  • Will managing your business REALLY improve your wellbeing and happiness?

Filed Under: enterprise, management Tagged With: barriers to enterprise, community engagement, development, enterprise journeys, entrepreneurs'stories, management, operations, self interest, wellbeing

Should Enterprise Education Be More Than Business Literacy?

June 18, 2009 by admin

I was approached by a young woman in the Holiday Inn in Garforth yesterday.  She tugged gently at my trousers and asked me if I was interested in buying.

She was clutching a beetroot plant in a wonderfully hand painted plant pot, with a colourful and neatly laminated label saying ‘BEETROOT’.  She must have been six or seven and barely reached waist height.  She had a badge on her that gave me the name of her school and her job title in the social enterprise that they ran.  She was the “Sales Executive”.

She was one of the students from Leeds taking part in a wonderful event called ‘Social Enterprise Takes Off’ organised by the brilliant team of Enterprise Ambassadors at Education Leeds, led with so much enthusiasm, energy and knowledge by Mike Cooper and Chris Marsden.

“Do you want to buy my beetroot?” she asked.

“I would love to” I said, “but tell me, what should I do with it when I go on holiday?”

“That’s not  a problem – just put it in a bag and take it with you!”

“Ok. How much is your beetroot plant?” I asked sensing that she had not really grasped my holiday concerns.

“£1”

“And do you know how much profit you will make if I buy your plant for £1?”

“Yes, about 80p.”

Sold – in so many ways!

The event was wonderful – not withstanding the slightly tired and dated environs and buffet of the Holiday Inn.  Some great speakers including Magic Man John Hotowka, Beermat Entrepreneur Mike Southon (“some people become entrepreneurs because no-one else will give them job – like my mate Mike Chitty over there” – thanks for that one Mike!), Make Your Mark Ambassador Sabirul Islam (check him out) and Nick Bowen inspirational head teacher of St Benet Biscop RC High school and advocate for Benet Enterprise – a school owned social enterprise into everything from professional theatre production (from scriptwriting to travelling productions) and event management to video making.  They are tapping into the current (and I suspect temporary) rich veins of public funding for all things social enterprise and turning over hundred of thousands each year raising significant funds to improve facilities at the school.  Apparently more skeptical members of staff  ‘were soon won over when they saw the laptops and other kit that the ‘surpluses’ from Benet Enterprises were able to supply‘.  Setting aside the issue of using unpaid pupils and adults paid by the state to compete with local businesses for a minute they are doing some remarkable work.

Mercifully not a Dragon, Failed Apprentice or (not so) Secret Millionaire in sight.  (I have no problem if they bring real substance and experience and engage fully, ‘Yorkshire boy done good’ Carl Hopkins is a great example of this – it is when they just bring their ‘celebrity’ and a carefully honed sales pitch for their latest book/consultancy/educational board game/business development workshop that I struggle.)

But the star attractions were the students working (and I mean WORKING) an exhibition space that felt more like a Mediterranean souk than a fusty business exhibition.  As soon as I got my wallet out to exchange my pound for my beetroot I was beset by passionate sales executives hawking fair trade chocolate, handmade wooden signs (“any design, any wood you like”) and glassware. Young people selling with energy and passion, plants, books, woodwork, plastics, ‘stone’ plant troughs made from polystyrene.  Young people who clearly loved their businesses and their products.  Contrast this with the (almost uniformly) sombre, conservative and impassionate business exhibitors at the Chartered Institute of Housing a few miles up the road in Harrogate.

I have no doubt that work of the Enterprise Ambassadors from Education Leeds and the hard working pupils and teachers who make these things happen will lead to a much more business literate generation in the future.  And that matters.

However there is more to excellent ‘enterprise education’ than business literacy and great teamwork.

It is about understanding passion and potential whether that lies in ‘business’, ‘ballet’, ‘beatboxing’ or ‘beetroot’.

It is about belief in ‘self’ as an active agent in shaping the future and building a better life, society and world.

It is about the power of education and the development and realisation of potential in whatever Ken Robinson refers to as your ‘Element’.  And the point of engagement for that, indeed the vehicle for the fulfillment of that, might not be ‘business’.

So it is time for a broader conception of the enterprising student.  It is not about the next generation of entrepreneurs but about the next generation of cellists, authors, policemen and women, nurses, gardeners, mathematicians, politicians and bankers.  About the next generation full stop.

Everyone should have the opportunity to become ‘business literate’ by the time they leave full time education.  But primarily, fundamentally and at their very heart they need to be enterprising, creative, innovative, bold and self confident – and this might have little or nothing to do with entrepreneurship and business literacy.

As I write this sat at my kitchen table I am looking out the door at my beetroot plant in its brightly hand painted pot.  There is a part of me wondering about their costings and worrying that, like so many social enterprises, they have missed or chosen to hide, some of their real costs of production.

But there is a much, much larger part of me that hopes and prays that the young ‘sales executive’ has learned much more than just how to spot opportunities to turn a profit.  That she has learned more about herself and what she could become.  About her self interest and her power to realise her potential and how she might really be able to make the difference that she wants to see in the world.

It is these lessons that we enterprise educators should be teaching.

I am a freelance trainer, consultant, thinker, speaker and writer on the subjects of enterprise, entrepreneurship, management and leadership If you would like to work with Mike then please get in touch.  mikeatmichaelchittydotcodotuk

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Filed Under: enterprise, entrepreneurship, management Tagged With: community, community development, community engagement, development, enterprise, enterprise coaching, enterprise education, enterprise journeys, entrepreneurship, management, operations, passion, policy, power, professional development, self interest, social enterprise, strategy, training

The Information Problem…

June 1, 2009 by admin

Todd Hannula has blogged about the possibility of an open source information platform for social entrepreneurs.  He posits that such a platform might help more social entrepreneurs get the information that they need at the right time.  Sounds like the kind of idea that the public purse might get interested in investing in.

But does it stack up?

  • Is the Internet not an open source information platform?
  • Is it possible to provide any more information within a few clicks?
  • Is the supply side of business support not already rammed full to the gunnels with information and workshops?

I think that the answer to the information question lies in an exploration of the ‘demand side’  for information rather than thinking about how we can develop the information ‘supply side’.

If entrepreneurs REALLY want to succeed (rather than look and feel good for a while) they should get the right team in place before they start.  A team that is as obsessed about financial management and marketing and sales as it is about saving the world.  With a balanced team seeking information and ‘better practice’ in each of these domains they are much less likely to fail as a business and the demand side of the information market place will be more robust.

So let’s have less encouragement to individual entrepreneurs to change the world single handed and more encouragement to them to build powerful and balanced teams.

Todd suggests that the realisation for most social entrepreneurs that they are ‘not very good’ at business comes ‘just too late’.  This is an unpalatable (and therefore largely unspoken) truth for nearly all entrepreneurs – social or otherwise.

They nearly all get a massive shock at some point.

  • They run out of money.
  • Customers get angry.
  • Products and services don’t work as well as was planned.

The question is how to respond?

  • Are they prepared for the shock?
  • Did they know it was likely to come along?
  • Do they have the networks and resources to work through the shock and to learn from it?
  • Or do they bail out thinking – ‘I am not cut out for this’?

How do ‘support agencies’ make sure that they are ready to face these traumas when they almost inevitably come?

Because the painful traumas of business start-up might discourage some people from starting, they are often swept under the carpet.

We might use some euphemism, like ‘You need to do a little more work on your business plan’, but we rarely help the client to explore the unvarnished truth; No matter how much planning they do they will never be ready.  There will be nasty and uncomfortable surprises.  It is the ability to deal with these shocks and their ramifications that will separate the entrepreneurs from the wannabes.

I choose to consistently focus clients on the possible downsides of their business as much as on the upsides.  I usually beg them to find some less risky way of following their dream other than starting their own business.  I make them explore the things that might go wrong – and of the devastating impact that they could have on finances, relationships and reputations.

People say to me ‘Mike, they will never start a business if you keep pointing out all of the downsides…’

Well I make no apologies.

If someone is put off starting a business by a good exploration of the possible downsides then they are probably making exactly the right decision.

It is not more businesses that we need, but better businesses.  Businesses that have a pragmatic understanding of the risks that they face (bankruptcy, debt, damaged relationships etc) – and are still prepared to take them.  Businesses whose antennae are tuned to both problems and opportunities.  You can’t stop a business like this from avidly consuming information.  They seek it out.  They devour it.  Even if it is hard to find or ambiguous.

Instead we often find ourselves trying to resource dozens of ‘wannabe’ hopefuls buoyed up by a raft of interventions to promote enterprise on a sea of support agencies whose criteria for success is based on counting start-ups rather than survival rates.  And then we have to find ways to spoon feed them information like medicine that might keep their business off the rocks – and we wonder if there is not some better way of shaping the information supply side.

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Filed Under: enterprise, entrepreneurship Tagged With: development, enterprise, enterprise coaching, enterprise journeys, professional development, social enterprise, start up, strategy, truth

Why Do I Work In Enterprise?

May 16, 2009 by admin

‘We pass through this world but once.

Few tragedies can be more extensive than the stunting of life,

Few injustices deeper than the denial of an opportunity to strive,

Or even to hope,

By a limit imposed from without, but falsely identified as lying within.’

Stephen Jay Gould

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Filed Under: enterprise Tagged With: barriers, barriers to enterprise, community, community development, community engagement, diversity, enterprise, enterprise coaching, enterprise journeys, passion, professional development, psychology, social capital, strategy, training

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