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Over Eager
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Venture Gambler
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Cautious Ignorant Venturer
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New Entrepreneur
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Under-equipped
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Intuitive Expert
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SB Expert
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Dreamer
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Resource Poor
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Classic Expert Entrepreneur
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Institutional Expert
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Inventor
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Apprentice
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In Over Their Head
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Cautious Backer(Angel)
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Armchair Quarterback
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You are an expert in venturing by virtue of your training, and your knowledge of the Entrepreneurial Success Script, Interestingly enough, your venturing profile type would be the “Expert Entrepreneur” if only all the resource pieces were in place. But it’s resources that you lack, and when those pieces are not in place, knowing the reasons why they are not... is crucial to your success.
The Lacking Business Resources entrepreneurial types often can’t really explain the reasons why they are, in fact, resource poor. It’s actually a blind spot for them, and they often attribute their lack of resources to unavoidable events. But the scarcity of resources may only be the tangible evidence that a Lacking Business Resources type has a limited ability to execute or perform the requirements of the "entrepreneurial success script". For example, they may not have properly harvested past business ventures thereby generating sufficient resources to make possible future venturing. The Lacking Business Resources type may also be lone wolves who have not learned how to mobilize others. Or, they may not have recognized their area of extraordinary expertise.
Many venturing types who are either “Expert Entrepreneurs” or “Institutional Entrepreneurs”, have done their time in the Lacking Business Resources zone. Times of scarcity appear to be a natural part of the new venturing experience, and for this reason the Lacking Business Resources profile is rather unique.
Within this group are opportunities waiting to be refined. And while their plans should be given serious consideration, they should also be thoroughly scrutinized.
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Michael Saul Dell (born February 23, 1965) is and American businessman and the Founder and CEO of Dell Inc. Dell had his first encounter with a computer at the age of 15 when he broke down a brand new Apple II computer and rebuilt it, just to see if he could. Dell attended Memorial High School in Houston, Texas where he did not excel academically. During that time, however, he did exhibit formidable business instincts selling subscriptions for the Houston Post . Marketing to newlyweds, Dell made $18,000 with which he bought a car and three computers.
In the early days of Dell’s new business venture endeavors, it is easy to see the characteristics of the Lacking Business Resources. Although he was business savvy at a young age, we would say he had developed his "entrepreneurial success script”, he lacked the resources to start his business. But through innovation, keeping his overhead low and getting some help from others, he was able to grow and transform himself and his business into a great entrepreneurial success.
