James Gerdsen on Inspiring Future Business owners
De BISAWiki
James Gerdsen travels around the country speaking to student bodies and conventions of entrepreneurs. His hope is to inspire others to start up their own company. This country needs more small independent owners with unique ideas. Small businesses grow communities.
James Gerdsen has spoke on everything from data analysis to motivating employees. James Gerdsen is an open resource that wants to be tapped. He is very approachable and can field any question that covers the gamut of business. A believer in the philosophy of brainstorming, James Gerdsen loves to hear and share new ideas. That is how businesses are formed, with one good idea.
It is his hope that through his lectures, he motivates the next generation of entrepreneurs. One of his core beliefs is that of the small business. The troubles of our country can be fixed if we start with the smallest building blocks. If assistance is given to a business owne,r he can do more good in the long run.
Through his speeches, James Gerdsen hopes to give the younger generation the tools they need to start a self-sustaining and successful business. James Gerdsen recommends starting a business that doesn’t require excessive amounts of start-up capital and can be done by one person. Great examples are a cleaning or cake decorating business. Both require minimal initial expenses and one person. Continuing running the business solo for as long as possible keeps the costs down. Once the company has grown large enough, hire an employee. It is cost effective to build a business in this way. This is also an easy way to create customer rapport and cultivate repeat customers. You are the only employee so pay attention to the details and follow up with customers after services are rendered to ensure satisfaction.
Find something you like to do and what people want to buy and start a business.
As a college athlete and CEO of a company, James Gerdsen knows a few things about teamwork and effectively organizing a team. Everyone has been in a group sometime or another in their lives. It can be a positive experience or it can leave one person feeling overworked and used. It all depends on whether or not the team is working in unison or fighting itself.
A perfect example that James Gerdsen likes to use is lifting a heaving box with a group of people. If five people lift a 500 pound box off the ground together each person lifts 100 pounds and the box is easily moved. If only three of the five lift together, each person has to lift about 165 pounds. The box may still be moved but the feat is much more difficult. Now, if only one person tries to lift the box it may never get off the ground.
The dynamic of the team will differ based upon the task at hand. Some projects require more independent work while others require constant collaboration. Determining the goal of the project is the starting point, suggests James Gerdsen. This lets everyone know what direction they are pulling. Next, break down the project into different tasks, says James Gerdsen. The tasks should be delegated to members based on expertise. Each task should also have a timeline to bench mark progress by. The timeline can be created as a group or individually. Group meetings should be held at each benchmark. If every member has to present to the group at every benchmark it helps to keep them on track. It is also an excellent way to get feedback.
Use the process of organization and communication provided by James Gerdsen on your next project. Remember it is easier to move 500 pounds when each person is responsible for an equal portion of the weight.
