Essentials Magazine Essentials Spring 2018 - Page 12

BY TOM SHAY Transitioning Your Mindset from Manager/Owner to Entrepreneur Owners, managers and entrepre- neurs. Many use these words inter- changeably. We see a big difference in the three. MANAGER MINDSET The person that thinks like a manager uses the word, “I”, the person that thinks like an owner uses “my” and the person that thinks like an entrepreneur uses “it”. With each of these words, while each of them do own a business, the individual is speaking about their business. Our first look is at the person we have referred to as a “manager”. The manager is often engulfed in the day-to -day process of operating the business. We refer to the person as “manager” as they often take these responsibilities as 12 essentials | spring 2018 being the most important component of their work day. While not wanting to make light of the components of operating a business, these are tasks that employees should be concentrating on. As an example, the “manager” often thinks they are the only one, or the one that can do the best job of selling merchandise. With this thought process, the “manager” thinks it is important they be on the sales floor as much as possible. If there is a problem in the store, this person is more likely to resolve the issue themselves as compared to creating a process that will engage their employ- ees and having them participate in the resolution. If the sales floor needs to be swept or vacuumed, the “manager” is more likely to perform the task themselves as compared to getting an employee to perform the task. The “manager” is likely to be so wrapped up in their day to day business work they find little time available to handle other responsibilities. They may not make it to something they were planning to attend because some em- ployee is absent. This situation of a person being the “manager” sometimes occurs because this person previously had that job title. They may have been the generation of a family business that is the next to take control of the business. Unfortunately, the parents did not teach the next gen- eration all of the components necessary for success. Other situations occur in the case of