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Are you cut out for being a Manager or an Entrepreneur?

Last post Wed, Dec 3 2008 18:52 by burocrat basher. 2 replies.
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  • Thu, Nov 13 2008 13:01

    Are you cut out for being a Manager or an Entrepreneur?

    A research project has just been reported which studiedthe minds of successful managers compared with successful entrepreneurs...

    The entrepreneurs’ brains were more active in the region where “risky" and "hot" decisions are made. The Cambridge University researcher team go on to say that people can be trained in the type of risk-taking skills essential for creating successful businesses.

    When “cold” decision-making was needed i.e. emotionally neutral decisions with no need to weigh up rewards and punishments, enterprise- minded and stability-minded people performed equally well. When it came to “hot” or risky decisions there was a marked difference between the two groups.

    In a computer gambling game test, in which participants had to bet on the location of a token hidden in boxes of different colours, entrepreneurs consistently wagered higher stakes. The entrepreneurs were also more impulsive and more flexible mentally than the managers.

    The entrepreneurs they studued had each founded at least two high-tech companies. The managers were from major private and public organisations.

    The managers showed risk-taking in line with their age group but the entrepreneurs thought and acted like people 30 years younger.

    Some resources for becooming successful as a Manager or Entrepreneur....

    "Entrepreneurship is all in the mind" - a report by the Science Editor of the Financial Times

     "How to be an Entrepreneur: The Six Secrets of Self-Made Success"

    "Becoming a Successful Manager"

     Mike

    www.sunflower-health.com

     

  • Tue, Dec 2 2008 17:28 In reply to

    • Jacobus
    • Top 75 Contributor
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    • Joined on Sun, May 22 2005
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    Re: Are you cut out for being a Manager or an Entrepreneur?

    HolisticHealth:
    the entrepreneurs thought and acted like people 30 years younger

    Not too encouraging for anyone in their twenties!
  • Wed, Dec 3 2008 18:52 In reply to

    Re: Are you cut out for being a Manager or an Entrepreneur?

    I dont now now how I am categorised as a chap once refered to me as an "entremanure" Sounds like one from George Bush.

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