A must read for Entrepreneurs Part C

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This is the last on this series which we started from part A, for more comprehension here are the 10 I's :
1. Industrious
2. Interconnected
3. Intrepid
4. Irreverent
5. Influential
6. Ingenious
7. Innovative
8. Improvisational
9. Indefatigable
10. Integrity


8. Improvisational
My 13-year-old son and I have a lot in common. We look alike, we talk alike, and—sometimes to my wife’s chagrin—behave alike. We also share a common penchant for comedy.
We rent DVDs of stand-up comics. Our favorite television show varies but can usually be found on Comedy Central.
Friends and family are amazed by our ability to recall the bits from old Saturday Night Live reruns.


As you’ve probably noticed, in the past few years a few shows have been built around improvisational comedy. In comedic circles, improvisation refers to unscripted ad-libbing where performers work in the moment, crafting comedy on the fly. Improv, as it’s called, is a natural ability that can be honed through experience. Entrepreneurs aren’t necessarily funny, but they, too, rely on a sharpened ability to be in the moment and react to ever-changing cues and directions.

Most growth entrepreneurs are able to react on the fly. They never lose sight of their ultimate goal, but the route to get there can appear to change without warning to employees and outside observers. Often, this can become a point of frustration for all concerned. Entrepreneurs want to keep all their options open for as long as they possibly can. What may appear as indecisive to some is, in reality, the growth leader keeping his or her ability to improvise in play.


9. Indefatigable
This section of the chapter started with the trait called industrious: hard work, elbow grease, keeping the nose to the grindstone, leading to accomplishment. Indefatigable refers to a more persevering characteristic. This isn’t a very well-known word, so here’s a definition:

In-de-FAT-i-ga-ble. Adj maintaining a purpose in spite of counter influences, opposition, or discouragement.You show me a successful small business growth leader, and invariably I can show you a comeback artist. Remember those inflatable punching bag toys some of us had as a kid? For me it was a red-nosed clown with a light head and heavy bottom.

No matter how hard you hit this clown, he would pop right back up. Oh, you could knock him down for a second, but he kept coming back for more. He was indefatigable. He could not be defeated. The only difference is that the clown had no brain. The indefatigable entrepreneur learns from being knocked down and is eventually able to avoid the punches (or develop a strong jaw anyway). Not all entrepreneurs have tasted bitter defeat. 

Most successful growth entrepreneurs have had a mouthful. For many, their success comes not from what they did during the good times, but how they reacted when they stood at the brink of disaster.

10. Integrity 
Over the years there have been many studies showing a high level of integrity by entrepreneurs in general. 

Given that these studies rely on self-reporting, I tend to put more faith in my own observations.When I look at successful entrepreneurs, I continually see that growth and integrity go hand in hand.

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