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what it takes
  • eric korb
  • BSIM ‘81



    THE EXECUTIVE FORUM
    KRANNERT SCHOOL OF MANAGEMENT
    SEPTEMBER 27, 2002


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where are they
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entrepreneurship
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do you have it in you
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it’s sort of in the genes
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you must
dare to dream
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it takes a little
bit of luck
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lead by example
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surround yourself with successful people
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stay focused
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accept change
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it takes a fireman
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you must be
the #1 salesperson
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“korbisms"
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korbisms
  • Each "No', is one step
     closer to a "Yes“
  • Do it now and
     ask for forgiveness later
  • Every rule is made to be broken
  • You have to have bad days
     to have goods days
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korbisms
  • "If" is a very big word
  • No one cares, until you
     start making money
  • If you've never been there
     before, then you'll need a map
  • You can only get upset
     about things you control
  • The customer is "right“
     364 days a year


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#1 favorite saying
  • The demise of a relationship is
     usually due to a breakdown
     in communication.


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thoughts to live by
  • It's lonely at the top
  • You’re only as good
     as your people
  • Deliver on your promises
  • Your “word” means everything
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cautions
  • No one will do it the
     way you will
  • Delegate with compassion
  • Praise in public, criticize in private
  • Follow your gut instincts
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business rules
  • An investment isn't just money...
    it's time and people too
  • Learn to read financials
     and work with spreadsheets
  • Write a business plan every year in the first 5 years
  • Learn business contract law
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advice
  • Be honest with yourself and others
    • Do you REALLY have what it takes?
    • Do you have the skills or know where to get the talent to accomplish your goals
  • Love what you do,
     do what you love
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how to get going
  • Define your dreams
  • Then break your dreams
     into tangible goals
  • Put deadlines on them
  • Create a critical path
    • Which are dependent on each other
    • Which can be done in parallel
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books
  • “The One Minute Manager” – Kenneth Blanchard
  • “Swim with the Sharks” – Harvey Mackay
  • “You Can Negotiate Anything” - Herb Cohen
  • “What They Don’t Teach You at Harvard Business School”
     - Mark McCormack
  • “Jack: Straight from the Gut”
     - Jack Walsh
  • “How to Master the Art of Selling”
     - Tom Hopkins
  • “The Secrets of Power Negotiating” – Roger Dawson
  • “The Millionaire Next Door” – Thomas Stanley
  • “Focus: The future of your company depends on it.”
     - Al Ries
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roles
  • Salesman
    • Fireman
  • Communicator
    • Conductor
  • Role Model
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final thoughts
  • Are you a lucky person?
  • Do things just seem to
     come your way?
  • Are you a happy person?
  • Do people want to be around you?
  • Is your glass half-full?
  • Do you have a mentor?


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do you have what it takes