Thursday, October 25, 2018

The Monk and the Entrepreneur:

The Monk and the Entrepreneur: 


I read a book a long while ago the "Monk and the Riddle" by Randy Komisar a must read by any business leader, two of many salient points are,  "your startup is not your pension plan" and "the business you start can you do it for the rest of your life" both looking at the bigger picture of why you start a business up. I have used the same questions during due diligence for investment companies, interesting replies have been offered. I have found a few questions to ask yourself or expand and ask your management team, what is it you really want for the company and for yourself.    

 1. What would you like?     
 2. What will having that outcome do for you?     
 3. How will you know when you have it?     
 4. Where, when, and with whom do you want it?     
 5. What of value might you risk or lose?     
 6. What are the next steps? 


 Do the answers align with what the path you are on at present, does the management team align? 


 

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