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Entrepreneurial Spirit: Master Checklist

For Impact Ideas | | Tom Suddes

One of our most conceptually ‘re-tweeted’/’liked’ nuggets is the ENTREPRENEUR’S MANTRA:

Here is the MASTER CHECKLIST we use when coaching ENTREPRENEURIAL SPIRIT.

1. Answer Entrepreneur’s 3 BIG QUESTIONS.

    • (‘

WHY

    • ‘ are you in Business? ‘

WHAT

    • ‘ Business are you in? ‘

HOW

    ‘ do you make money?)

2. Embrace the ENTREPRENEUR’S MANTRA.

    • (Think

BIG

    • . Build

SIMPLE

    • . Act

NOW

    .)

3. Embrace the ENTREPRENEUR’S MODEL.

    (M.I.T. / P.S.E)

4. Simplify your MESSAGE.

    • (Your

VISION

    • . Your

PURPOSE

    • . On a

NAPKIN

    .)

5. Create POWERFUL STORIES.

    • (

YOUR

    • story. The

MARKET

    • story. The

SOLUTION

    story.)

6. Develop your BUSINESS MODEL.

    • (

NOT

    a ‘Business Plan’. Visual & Visceral.)

7. Do the MATH.

    (Revenue/Expenses. Use of Funds. Scale & Grow Numbers.)

8. Create an ENGAGEMENT TOOL.

    • (

NOT

    a PowerPoint presentation.)

9. Define the IDEAL (INVESTOR) PROFILE.

    (Angels. Champions. Partners.)

10. JUST ASK!!!

    (Just Ask. Just Ask. Just Ask.)

*Print PDF Version of Master Checklist for ‘Hard Copy’/’Post on Wall’.