corporate execs vs true blue entrepreneur

[SirRichard]

Having work in an MNC in China for many years, i've attended many business meeting and conversation with Ang Mo Corporate guys and also local chinese entreprenuers. They possesses quite a big difference and i find it interesting,\ and would like to share with you. Hope you don't find it bo liao but share with me your insights and opinion.


Corporate guys profile i come across:

1) Educated guys, Many from US, UK ( alot of indians) with VP, CEO, strategy guy title etc
2) talking about theory and strategy damn good, impressive and believable. I do mean impressive how they think and articulate their points
3) No real live biz experience but an impressive backgound - P&G , blah blah...
4) Talk talk, action action but results not really solid or sometimes yields no results or even no follow up actions...
5) Very comfortalbe income ( US 200k and above), fly biz class but no where near RICH
6) Very careful, must formulate plans, use terms like matrix, synergy lah , review lah , blah blah


True-blue entreprenuer ( chinese )

1) Damn gutsy and instinctive. No ( don't even know about it) business plan, no strategy blue print or other BS.. Initial ideas they think workable, they put together people and resources( borrow money from relatives etc) and cheong ahead.. They correct and change along the way to grow..
2) Many filty rich billionare are non educated ( Wahaha guy- richest chinese) and many more.
3) Believe in hard work, focus and bulldoze their way ahead
4) Those who make it are worth many many times more than the wayang corporate Ceo, VP etc

It makes me wonder the value of those theories and whether these corporate guys can really pull it off beyond blabbing theories. Being someone more "old fashioned and worked my way up thru hard work ( with results) , sometimes i feel hearing those BS by the Strategy guy etc damn irritating.. The lao hero millionare would usually keep quiet and voice up only if they feel certain things said are rubbish or against the good of the biz.


Thanks for reading... just find the contrast huge and interesting.. let me know if you encounter similar experience or thoughts

 

[Unrepented]

IMO, academics study and rationalize what the "doers" have created by theorizing. Just like ever changing and modified financial models, try to make sense of the financial markets created by the king makers. But once the king makers change the behavior of the financial markets, all the financial models can't predict that change. Take 2009 for example, all the forecast models and theories got thrown out of the window.

Therefore, theories seems to make sense but may not be a complete representation of entrepreneurship skills and acumen. Students (corporate men) try to understand and emulate such behavior but lacks the psychological motivation that creates true entrepreneurs, therefore they are always laggards.

Corporations would love to have true entrepreneurs, but the irony is that entrepreneurs will only work for themselves. Cases of staff working in companies, gotten the network, earned enough to start a small biz, and left the company to start out on their own.

So what's the next best thing that corporates can hire? "Students that try to emulate entrepreneurs".

Top corporate person may be an entrepreneur if he/she is the founder of the biz. But most often than not, second tier "emulators".

..........

 

[Leongsam]

Corporate guys are not businessmen. They're administrators.

However, it does not mean that they're not needed in the grand scheme of things. Someone has to do the dirty work.

Entrepreneurs never last long in the corporate world. It's too frustrating for them.

 

[JeanGrey]

the corporate world is a safety net for entrepreneurs. administration is best done by robots.

its takes a leap of faith, ie Risk, to start any business. the bigger the risk, the more faith required.

there are many faithless people in singapore who end up as robots.

Corporate guys are not businessmen. They're administrators.

 

[looneytan]

The lao hero millionare would usually keep quiet and voice up only if they feel certain things said are rubbish or against the good of the biz.

some lao hero would jump out from his grave if he felt certain things were rubbish

 

[Leongsam]

the corporate world is a safety net for entrepreneurs. administration is best done by robots.

its takes a leap of faith, ie Risk, to start any business. the bigger the risk, the more faith required.

there are many faithless people in singapore who end up as robots.

I started with very low risk. It all depends what sort of business it is. In my case, it cost me only $7000 to get things going.

 

[JeanGrey]

I started with very low risk. It all depends what sort of business it is. In my case, it cost me only $7000 to get things going.

coz you had no faith to pump in more. another faithless robot walking around :oIo:

 

[SirRichard]

Well said.. I agree with your views

IMO, academics study and rationalize what the "doers" have created by theorizing. Just like ever changing and modified financial models, try to make sense of the financial markets created by the king makers. But once the king makers change the behavior of the financial markets, all the financial models can't predict that change. Take 2009 for example, all the forecast models and theories got thrown out of the window.

Therefore, theories seems to make sense but may not be a complete representation of entrepreneurship skills and acumen. Students (corporate men) try to understand and emulate such behavior but lacks the psychological motivation that creates true entrepreneurs, therefore they are always laggards.

Corporations would love to have true entrepreneurs, but the irony is that entrepreneurs will only work for themselves. Cases of staff working in companies, gotten the network, earned enough to start a small biz, and left the company to start out on their own.

So what's the next best thing that corporates can hire? "Students that try to emulate entrepreneurs".

Top corporate person may be an entrepreneur if he/she is the founder of the biz. But most often than not, second tier "emulators".

 

[JeanGrey]

Well said.. I agree with your views

just another BS view to justify greedy bosses keeping all the profits for themselves.

CARE AND SHARE.