Different Levels of Entrepreneurs

I read from a comic in http://markleeblog.pixnet.net/blog that there are different levels of employees. So, I use the similar concepts to differentiate different levels of entrepreneurs … Just for Laughs ya …

Basically, entrepreneurs handle TWO things:

  • Handle People
  • Handle Tasks

The higher level you go , the more your time & effort is spending on handling people stuffs … entertainment & social stuffs … Click this Picture if you wish to enlarge it …

levels

 

You are in the Basic Level if you spend 80% of your time handling Tasks while 20% of your time is on handling people

20% of your time – Handling People

  • Running Non-Business Related Errands of Customers

80% of your time – Handling Task

  • Do all Task Yourself
  • Completing Unfinished Task from your staffs 🙁
  • Squeezing your profit margin to get business from unreasonable customers

You are in the Intermediate Level if you are spending 60% of your time handling Tasks while 40% of your time is on handling people

40% of your time Handling People

  • Actively Attending Gathering such as supplier’s or customer’s funerals, weddings and parties
  • Start Sharing on “industry gossips” (aka industry insights / updates)

60% of your time Handling Task

  • Performing Your Task or Work
  • Start to Learn How to Delegate Task or Work to Your Staff – use more verbal communication than being hands-on

You are in the High Level if you are spending 40% of your time handling Tasks while 60% of your time is on handling people

60% of your time Handling People

  • Engage in More Networking & Relationship Building Activities with Customers, Suppliers, Associates etc (Golf, Hiking, Travelling etc)
  • Entertaining various people
  • Active in NGOs or Associations
  • Giving Talks around associations or clubs

40% of your time Handling Task

  • NonStop Attending Meeting & Appointments (with shareholders, suppliers, customers, associates etc etc)
  • Start to say ” When I was in xyz, I did abc” – well, at this point, you must have achieved something can proudly share your glorious past achievements

You are in the CLOUD Level (since sky is the limit, so we use Cloud level to describe this type of entrepreneur) if you spend 20% of your time handling Tasks while 80% of your time is on handling people

80% of your time Handling People

  • Busy Hosting Guests
  • Building Multi-Dimension Relationships with all kinds of people (media, government, businessman, government etc)
  • Being Interviewed by Media & Press
  • Actively Attending Various Charity Galas
  • Receiving Various Awards from associations or press

20% of your time Handling Task

  • Review and Approve Documents

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