19/05/2021
THE "CYCLE OF DOMINION"
In life, there are generalists and specialists.
Look at the List below made up of eight system areas of endeavour… i put it in a cycle and call it the "Cycle of dominion":
1- Mission
2-Leadership
3-Team
4-Products
5-Legal
6-Systems
7-Communications
8-Finance
The problem is that, in our education system, schools typically teach students that they should become specialists in just one of these areas if they want a good career...
-Students who graduate with a degree in products design seek jobs at the product level of the cycle.
- Students who graduate from law school fill roles at the legal level of the cycle.
-Those with degrees in engineering or computer science tend to focus on jobs at the systems level of the cycle.
- Students who receive degrees in marketing focus on jobs in the communication section of the system.
Students who receive a degree in accounting typically find a job at the finance level of the system
These people make great employees but they struggle with becoming entrepreneurs.
That’s because successful entrepreneurs are generalists.
One reason why entrepreneurs, like Steve Jobs and Bill Gates, leave school is because they did not want to be specialists; they hired specialists.
Generalists must be mission driven, have strong leadership skills, and surround themselves with a smart team, often “A” students with experience in the real world.
Those who don’t understand this fail for three important reasons…
1.) The Entrepreneur Does Not Have All Eight Integrities In Place
For example, most new entrepreneurs focus on product.
They may have a great product, but are likely deficient in some or all of the other seven integrities.
2.) The Entrepreneur Is A Mono-Professional
The saying “Birds of the same feather flock together” applies here.
For example, attorneys get together with other attorneys to form a business such as a law practice. Or techies get together with other techies to form a web company. Again, they may be smart professionals, but they will lack professional strength at the other seven areas of the cycle of dominion.
3.) The Entrepreneur Lacks A Sense Of Mission
It was discovered by a Havard's professor that emotional intelligence and a sense of mission is essential in carrying an entrepreneur through the ups and downs of starting a business.
Without a sense of mission, the entrepreneur won’t have anything to drive them through the challenging times.
If you want to succeed as an entrepreneur, you MUST become a generalist who knows how to fill the eight cycle system of dominion.
If you’re only good at one, you’ll fail.
So, become a generalist and learn how to fill each of the eight areas with smart people who want to be specialists.
...then Success will follow.
That's Why in AKMA we train people in Entrepreneurship, Leadership and Financial Education so they can be generalist and maximise the CYCLE OF DOMINION for Global Impact.