Home > Uncategorized > Entrepreneurship as a Team Sport

Entrepreneurship as a Team Sport

I get to work with a lot of businesses. Some of them are successful. Very successful.

And all of the successful businesses have one thing in common – a successful management team with diverse talents. Between them they are able to produce a great product or service, market and sell it brilliantly and have in place first class financial management, planning, forecasting and controls.

Nearly all of them were founded by a team as well. It seems to be a very difficult transition for most founding solo entrepreneurs to make from being the lone ‘big cheese’ to being part of a management team. Generally they either sell their business to a management team – who are often able to grow it significantly – or they retain complete control of a pretty small empire.

If good management teamwork is a pre-requisite for successful high growth then why are so many entrepreneur development programmes designed to work with individuals and to promote the cult of individualism rather than good management teamwork.

Good business plans are always written by teams. The best entrepreneurs always build the team first. Then they help the team to develop the plan.

Are any of you working on enterprise development programmes that put this reality smack bang in the middle of things?

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