Organizations have changed a lot over the past 50 years, and it’s vital for entrepreneurs to be aware of these changes if they want to achieve great business success. In this episode, Dan Sullivan, who has been coaching entrepreneurs for 50 years, talks to fellow business coach Shannon Waller all about the changes in companies that have taken place over the past half-century and the very different position that entrepreneurs are in today.
Here’s some of what you’ll learn in this episode:
- What gave Dan confidence to become a business coach.
- How Dan’s desire to coach got married to entrepreneurism.
- How Strategic Coach® helps entrepreneurs thrive in the current economy.
- The way to give your team members roles, not just jobs.
Show Notes:
The invention of the microchip allowed entrepreneurs to have a lot of power and capability they’d never had before.
The introduction of the microchip meant large corporations would start to fracture and wouldn’t be as effective or useful.
It might take three months to get a decision from large organizations, but entrepreneurs can decide to hire you, and write you a check, in the moment.
About every 15 years, the number of employees required in an organization is about half of what it was 15 years previously.
Now that small companies with microchip power can be powerful economic forces, government has adjusted to make the process of incorporation faster and easier.
We’re partway through a 50-year period in which we’re shifting from large, pyramid-shaped organizations to network-based organizations.
Artificial intelligence can do work that used to require many people to do.
A lot more people can own companies and have leadership positions now than they used to.
Canada, especially Ontario, is one of the easier places in the world to incorporate.
Being a bureaucrat in a large pyramidal organization used to be the safest job in the economy, but is now among the riskiest.
Being an entrepreneur has become the safest role.
Resources:
The Great Crossover by Dan Sullivan
Your Business Is A Theater Production: Your Back Stage Shouldn’t Show On The Front Stage
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