You are best suited for the Investor role, as indicated by a high score on the Arrangements
scale. Investors are comfortable assuming risk and
enjoy investing capital into companies with promise of a desirable return on their
investment. They are usually go-getters and try to find ways to turn lemons into
Investors demonstrate a strong venturing infrastructure of funds, track record of
success, technology, and experience. They possess a positive attitude and are capable
of finding ways to overcome difficult obstacles. Investors are easily coachable
and adapt to market changes. Investors oftentimes build relationships by making
sure everybody benefits with their investments or business proposals.
They are constantly looking for different ways to market themselves or projects
they are working on regardless of the situation.
Investors can also take on too much risk. This happens when they gamble too much
in hopes of getting the big score. This type of behavior was evident in 2008 when
heavy investing in mortgage backed securities broke the back of the world economy.
INCREASE YOUR CHANCE FOR SUCCESS:
In order to become a Venturer, an Investor would need the willingness to take risks
and not miss out on opportunity. Being able to recognize, capture and protect new
venture opportunities, solve new venture problems, and take action consistent with the
Entrepreneurial Success Script
, requirements are valuable characteristics of a
Venturer that an Investor must develop. If you are interested in forming a new venture,
you would need to team up with other individuals who have the willingness and training
to actualize a venture. Here, the role of Investor
or backer is
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Warren Edward Buffett
(born August 30, 1930) is one of the most
successful investors in the world, the primary shareholder and CEO of Berkshire
Hathaway, and is noted for his adherence to the value investing philosophy. His
focus has always been on making the necessary “arrangements” to facilitate venturing.
Even from a young age he specialized in having the financial resources, human resources,
and other key ingredients essential for his involvement in a business venture. But
it was rare that he ever ran the venture, preferring instead to get the resources
in place for someone else, and then taking an ownership position as compensation
for his efforts.While in high school, for example, he invested in a business owned
by his father, bought a farm worked by a tenant farmer, and placed pinball machines
in barber shops. By the time he finished college, Buffett had accumulated more than
$90,000 in savings (measured in 2009 dollars).
Again, Warren Buffet prefers to “enter” the new venture success script as an investor
in the abilities of others. He has become one of the wealthiest people in the world
by helping others achieve their business goals, whether in restaurants (Dairy Queen),
home furnishings (RC Wiley), insurance (GEICO), or railways (Burlington Northern
Santa Fe) just to name a few of over 50 Berkshire Hathaway subsidiary companies.
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Mitchell under license to Wayne Brown Institute and VentureCapital.Org