Authors: Mitalis
If you own a business or thinking about starting one, you are invited to participate in a contemporary, real world entrepreneurial program that focuses on learning both the business practices and the disciplines necessary for attaining and sustaining success in today’s business environment.
The ‘E’ program for business owners, ‘The Entrepreneur’s MBA’ (Managing Business Activities), is a comprehensive approach designed to help business owners / managers better understand the critical factors that impact business growth. The program is designed to achieve two goals:
1. Educate business owners about the critical business factors that impact success and introduce them to the CEO’s Compass, a performance tracking system for monitoring and measuring the business activities. A system for keeping the business ‘On-Course’.
2. Establish a Forum for business owners, a network of different businesses, that meets quarterly to share best practices, resources and success stories.
The program has evolved as a result of consulting and coaching entrepreneurs for over twenty years and conducting business courses at the University of Pennsylvania’s Wharton School’s (SBDC) for eight years. It was during this time that I began to realize that most entrepreneurs had technical or mechanical backgrounds; therefore, they needed to learn ‘ How’ to implement the business skills necessary to start a business. They all shared one common theme: they were working more hours and making less money. As a result of their feedback, I began to help business owners realize that learning the critical business factors was not the answer. The answer was establishing a disciplined system that tracked and gathered the results created by applying the business skills and practices learned.
The Entrepreneur’s MBA is the system for succeeding. The program is modulated so business owners can choose to participate in any one of the critical business workshops or attend the entire program. Regardless how one gets involved, the owners will still have the opportunity to participate in the CEOs Forum and learn how the CEO’s Compass helps business owners better understand how the independent critical business functions are interdependent and impact the success of the enterprise.
The Entrepreneurs’ program helps business owner make the transition from ‘working-in the business’ to ‘working-on the business’. In other words, the business owner begins to realize that the business is controlling their life and time, instead of the owner taking control of their life and time. To achieve real success, one must learn how to balance their personal and professional responsibilities. Gaining control of your life and your time(the business) requires establishing a system. The CEO’s Compass is that system that will help owners control (define and refine) their personal goals and professional objectives.
In order for a business to attain and sustain success, it must have not only a comprehensive business plan but a performance tracking system that insures proper implementation of the Plan. The system monitors business activities, measures the results, and gathers data for making effective changes.
Nick Callazzo has more than 30 years of experience consulting to banks, insurance companies and financial institutions as well as coaching executives to help them improve their personal and professional performance. In 1985, Mr. Callazzo founded Resource Specialists, a consulting group that focuses primarily on helping companies identify behaviors that impeded either organizational or personal success. A former U.S. Marine, Mr. Callazzo is currently working with FastTrac’s Entrepreneurial program for veterans in order to help them improve their business acumen and, possibly, their profit margins.
Read more: http://www.vamboa.org/system-is-solution/