Preface: “It has been my observation that the happiest of people, the vibrant doers of the world, are almost always those who are putting into play, calling upon, depending upon the greatest number of their God-given talents and capabilities.” See quotes from John Glenn.
“Walking to the Fields” on The “Michael Process” (Segment IX)
“You can learn wisdom (e.g. in this context the business tool of the Michael Process and its relevancy) by three methods. First, by reflections, which is noblest. Second, by imitation, which is the easiest; and third by being a doer; and in that school, it is either if-only or next time.” That is a paraphrase of sage words from Confucius.
For those who choose to be a doer, it pays to prepare appropriately. Even though business problems don’t compare to a figurative “Biblical Moment”, more than one entrepreneur with lofty ambitions would have had a less costly education with a $250,000 MBA and five years of preparation. But quote “we don’t know what we don’t know.” And between what there is to know, and what we know, is a big divide, for the majority of individual entrepreneurs. That’s why partnerships, collaboration, alliances, advisors, coaches, and mentors, are vital for successful and developing businesses.
“He continues on to say, “If you’re not guided by a clear sense of purpose, you’re likely to fritter away your time and energy on obtaining the most tangible, short-term signs of achievement, not what’s really important to you. And just as a focus on marginal costs can cause bad corporate decisions, it can lead people astray. The marginal cost of doing something wrong “just this once” always seems alluringly low. You don’t see the end result to which that path leads”.
Clayton Christensen says God hires people who help others become better people. As a Harvard Business School professor, Christensen teaches aspiring MBAs how to apply management and innovation theories to build stronger companies. But he also believes that these models can help people lead better lives. Here are some of his questions. How can I be happy in my career? How can I be sure that my relationship with my family is an enduring source of happiness? And how can I live my life with integrity? It also helps to ask these questions early in life, i.e. during preparation.
He continues on to say, “If you’re not guided by a clear sense of purpose, you’re likely to fritter away your time and energy on obtaining the most tangible, short-term signs of achievement, not what’s really important to you. And just as a focus on marginal costs can cause bad corporate decisions, it can lead people astray. The marginal cost of doing something wrong “just this once” always seems alluringly low. You don’t see the end result to which that path leads”. The point is, the Life of Purpose, that Clayton encourages for his students, is noble and effective. It also aligns with the Michael Process. To quote from Segment I, “That is your [business] purpose – provide an effective solution to a marketplace problem that you’ve concisely defined, with a passion for the marketplace, i.e. customers or clients.”
“The largest gaps in entrepreneurship are between the dreaming doers and the dreaming talkers. You will observe that real doers rarely criticize other doers. They realize how much work is really required, and the high stakes as a doer!”
Well said Michael. “Real entrepreneurs have a passion for what they’re doing, a problem to be solved, and a purpose that drives them forward” – quote from Michael Dell. Exuberant business successes can be simplified to adherence with the three step “Michael Process.” A) passion for a marketplace, B) a concisely defined problem(s) the marketplace needs (re)solved, and C) providing an effective solution to the marketplace problem(s) defined in step B.
The “Michael Process” is designed to firstly, provide dreaming talkers an understandable and implementable process to be entrepreneurial doers, and secondly, help the entrepreneurial doers towards more effective business systems.
“It has been my observation that the happiest of people, the vibrant doers of the world, are almost always those who are putting into play, calling upon, depending upon the greatest number of their God-given talents and capabilities.” This quote from John Glenn, is perfectly aligned with the “Michael Process” entrepreneurs.
The largest gaps in entrepreneurship are between the dreaming doers and the dreaming talkers. You will observe that real doers rarely criticize other doers. They realize how much work is really required, and the high stakes as a doer! The “Michael Process” is designed to firstly, provide dreaming talkers an understandable and implementable process to be entrepreneurial doers, and secondly, bolster the entrepreneurial doers towards more effective business systems.