Many entrepreneurs are trades people who decided they could
do a better job at running a company than their then boss
and break out to do their own thing. Being trades people
they know the importance of training, but...
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Many entrepreneurs
are trades people who decided they could do a better job at running a company
than their then boss and break out to do their own thing. Being trades people
they know the importance of training, and yet they plunge in willy- nilly to
being the CEO with no thought that maybe they should invest in specific CEO
training.
There is no doubt
that being a small business CEO requires a special set of skills. Questions
like, "How do I price my product?" or "What information do I need from my
accounting system to know my business is healthy?" are not covered in trade
school, and if not correctly answered will result in business failure. The
budding entrepreneur will invest $50,000 in a truck, but cannot see the
importance of an investment in the training he need to ensure he can pay for it.
Too many small
businesses fail in their early years and a high proportion of those that don't
never reach their true potential. Investing in management training for the CEO
and other senior managers will have a dramatic impact on the success ration of
these enterprises.
The Author
After 25 years consulting to small and medium sized
companies,
Mike Anderson,
principal of
Train Me To Be a CEO
realized that the most important part of his work was
training the CEO, and the reason he was such a good
consultant was that he did that very well.
Trained as an engineer, he became a CEO of a midsize
corporation at the age of 35. After a spell at Harvard
Business School he entered the world of consulting.
3. Ongoing mentorship. Begins with a
minimum two day one on one, but continues with monthly or quarterly follow up sessions. (Smart
and probably Best!)
.
References
A New England Contractor
"Mike Anderson has been working diligently with the upper
management team at (our firm). Mike is
extremely knowledgeable and has an exceptional way of
dealing with many different personalities. He has worked
very closely with the Sales Team to impress upon them the
importance of using a consistent method of estimating. He
was instrumental in restructuring our accounting procedures."
