The ability to work in a team and collaborate with others is essential, the team is the key to getting a project off the ground and running successfully. It is not easy to determine the value of an idea, often even for professionals with a lot of experience and business expertise in this area. However, a good team, a competent and determined implementation company, is definitely of great value, they can go further even if the original plans have to be thoroughly redesigned, almost completely changed or even completely rethought based on a partial idea.
Training exercise: The participants have to collect where they have practiced these, how they have received feedback that they are good in these areas. What was their motivation to practice those skills? It is part of their portfolio and we will use it in the future process.
Tools for the exercise: Flip-Chart, Post-it – 4 colors, Blue Tech, Markers
Confidence can be the key to entrepreneurial success! If you are confident in yourself, your team, your idea and your ability to achieve the goals you have set, you can really show this to investors, customers and communities. When we talk about being able to build confidence, it means that you believe that everything will work out, that despite the fact that there is room for error and success is the most likely outcome. Confidence is self-control, without self-discipline you can easily collapse, break momentum and become discredited. You need to be able to adapt to changing environments and challenges in times of difficulty, to be able to withstand adversity. The increasingly common term in this context is resilience.
In psychological terms, resilience is the ability of a person to recover quickly from unexpected, stressful or difficult life situations, or physical and mental suffering. One of the most important capacities of the twenty-first century human being, its importance cannot be overestimated when we talk about maintaining or improving mental health, coping with and recovering from difficult situations in life.
“It’s not what competences you have, but how you combine them”
A potential entrepreneur needs to combine courage with openness, while being able to cope well with the pressures that come his way. How do the soft skills needed for entrepreneurship differ from the managerial competences essential in a corporate – “multinational” – environment? Many popular training materials and podcasts by influencers talk in general about the soft skills needed to lead people, manage clients, negotiate, and the importance of developing them. It’s important to distinguish how it’s different if you have to start, manage and develop your own business.
Training exercise: They will have to throw a ball of unknown weight from a distance, which they are also not familiar with at the start of the exercise. In the first round, everyone in the team must say how many of their three possible throws they want to make from short distance – worth 3 points – , how many from medium distance – worth 4 points and how many from the longest distance – worth 5 points. The team with the most points at the end of the round wins. In the next round, they can discuss together what distance they will shoot from based on their experience so far, this is an opportunity for team members to give each other feedback and coordinate their roles. At the end of the exercise, the participants discuss their experience of what it was like to take on responsibility with unfamiliar conditions and how it differed from when they had the opportunity to discuss the conditions with the team members and know the conditions better.
Tools for the exercise: Flip-Chart, Post-it – 4 colors, Blue Tech, Markers, 3 type of small balls, a paper basket – steel
We’ve already seen why being a credible, transparent person is important for your product or service and why it’s a key factor for successful and challenged leaders today.
An entrepreneur, start-up or idea implementer must be prepared to be a leader for his or her employees. As this aspect has already been raised, it is important to be aware of how you will be able to handle this situation. A manager at the end of the first quarter of the 21st century should be a leader, not a boss, knowing that the more his employees trust him, the more they like him and the more likely they are to want to work for him. A leader does not want to be someone who forces employees to work, but someone who empowers them, who gives them a reason to work other than a salary. He wants to make sure that his employees know that he is trying to make a difference and that as a team they can achieve great things. Be their leader, not someone who bosses them around.
The competency to master learning is increasingly important for an entrepreneur and startupper because of the ever-changing challenges. You need an ever-renewing technical knowledge base with a focus on selling.