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Learning to be an Entrepreneur Requires SM-14
The interest in and teaching of entrepreneurship is booming. Global competition demands more American entrepreneurs, and people want the self-fulfillment and prosperity that comes from being a successful leader.
Entrepreneurs are noted for having certain personal attributes, such as:
| Risk Taking |
Aggressiveness |
Leadership |
| Progressiveness |
Curiosity |
Innovativeness |
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An ENTREPRENEUR deals in problems and ideas. He or she may be:
An ADAPTER or IMITATOR who finds and uses existing ideas more effectively and efficiently.
An INNOVATOR who applies existing ideas with ingenuity and, perhaps, creativity.
CREATIVE, a person who invents or creates new ideas, concepts, systems, methods, or variations of these.
Knowingly or unknowingly, the main guide that entrepreneurs follow is the same method used by scientists over the centuries. It is the basic guide to the way we originate, refine, extend, and apply knowledge in all fields; for it is a complete method of problem solving and decision making for all fields that includes problem origination, prevention, solution and challenge of solution.
This method or guide has many names. In my booklet, I use THE SCIENTIFIC METHOD TODAY (SM-14). It can just as well be called THE COMPLETE METHOD OF PROBLEM SOLVING (SM-14). Entrepreneurs use it for their original entry into entrepreneurship and throughout their complex problem-solving and decision-making activities.
Stages of SM-14
Scientific Method =
11 stages & 3 ingredients |
The Golden Formula . . .
A Complete Problem-Solving Method
[Necessary In All Occupations
& Should Be Taught In All Subjects] |
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Curious Observation |
Be alert - think and observe - seek problems, ideas, and opportunities. What is needed? A better way? Application for something new? Are people dissatisfied? |
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Is There A Problem? |
State the problem as a question. Define carefully! What is purpose? |
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Goals and Planning |
List your preliminary goals, sub-goals, and plans. Consider time, budget, criteria. |
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Search, Explore & Gather the Evidence |
Search everywhere - read a variety of publications - ask questions - use internet - visit new and used bookstores, libraries - watch for leads, clues, hints - use sketches, models, etc. Enlist group support. |
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Generate Creative & Logical Alternative Solutions |
While you are searching, think about new ways - new tools - new methods; visualize - brainstorm - experiment. Be progressive! Think reflectively and imaginatively. List all logical alternative solutions. |
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Evaluate the Evidence |
Study or chart your tentative solutions. Get advice - test - experiment - control variables - use math, artificial intelligence. |
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Make the Educated Guess (Hypothesis) |
You should again review and redefine your problem-then choose the best
of your tentative solutions. Now you have a working hypothesis. |
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Challenge the Hypothesis |
Hold on! Better do a little testing, experimenting, thinking. Try to falsify your own solution, not just support it. Predict results. |
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Reach A Conclusion |
At this stage, you have reached a conclusion that is likely to be correct. |
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Suspend Judgment |
Retain an open mind - avoid bias - continue to be a little skeptical. |
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Take Action |
Go ahead now and apply all your entrepreneur skills to gain acceptance.
Work hard, develop communication skills, study risks, look backward -
look forward. |
| INGREDIENTS: |
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Creative, Non-logical, Logical and Technical Methods |
These supporting ingredients are necessary to use the first 11 stages. You should teach and use them as part of The Golden Formula!
[If time is short or problem is less complex, use SM-7 which consists of:
stages #1, 2, 4, 5, 6, 7 and 11.]
Be sure to read my booklet, The Scientific Method Today |
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Procedural Principles & Theories |
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Attributes & Thinking Skills |
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