How E-Scan helps Entrepreneurs
The role of an Entrepreneur?
The entrepreneur is the pivot for the success of a business, whether it’s a start-up or a mature and thriving concern. Achieving success can be possible by having a ‘great product’, or being in ‘the right place at the right time’. Sustaining success comes through developing ‘entrepreneurial competence’, to recognise what a good idea is and be able to turn into a commercial reality, repeatedly.
There are many views on the definition of what an entrepreneur is and does – ours is:-
An Entrepreneur sees opportunities, converts them into a commercial success, creating value for themselves and others
Therefore having direct insight to one’s own inherent entrepreneurial traits and characteristics will increase understanding of what it takes to be a successful entrepreneur and create the opportunity to improve entrepreneurial competence.
E-Scan helps entrepreneurs to gain an awareness of their strengths, weaknesses and predominant thinking styles, all of which will provide the platform to develop their entrepreneurial capability.
Why is E-Scan different?
Most other psychometric profiling tools concentrate on leadership, management or ‘role’ qualities and characteristics and these have mostly been developed for large organisational needs, analysing whether people will ‘fit-in’ when being recruited or as part of strategic objectives. E-Scan was developed to focus on small business, or entrepreneurial team activity and is closely aligned to the culture and nature of this environment
What will it achieve?
The purpose of E-Scan is to establish the impact an entrepreneur will have on their own business success, which is a fundamental element to how the E-Scan can be applied. This in turn means entrepreneurs will increase their performance which will then convert into higher and faster business success.
The most unique aspect to E-Scan is it provides an insight to how the entrepreneur thinks and how this correlates to how they react to situations, issues and opportunities. This is a reflection of the Hermann analysis and looks at whether a person has a preference for reason or emotion, logic or intuition The overall score is reflected in four key Thinking Styles, Pioneer, Salesperson, Manager and Specialist.
The main benefits of E-Scan and an Entrepreneurial Review:
- An understanding of personal entrepreneurial strengths and weaknesses = awareness
- Self awareness and plan of action leads to quick and effective focus on behaviour and activity = empowerment
- Increased desire and determination to build understanding of entrepreneurship and own capability = better business performance
This can either be self development or with greater impact under the guidance of a business coach, mentor or as part of a development programme offered by a specialist training company, business academy or University.