Project Management for Entrepreneurs

I have been doing some enthusiastic research on the topic, and I have come to realize that most of the current corporations and governments are not being able to provide enough jobs for the hundreds of thousands of young Arabs who graduate every year. Besides, those amongst them that were planning on emigrating lost their chance to travel to the US or Europe for dream jobs due to the economic downturn.

With 60% of the Arab nation being under 30 years old, the number of educated individuals is rising, and yet the supply of jobs is inadequate. In this context, numerous institutions, banks, and government agencies are focusing on fostering entrepreneurship among youth.

Consequently, hundreds of startup projects and initiatives are being launched annually by young entrepreneurs who have the education, the idea, the drive, but lack the experience and the systematic approach to enhance their chances to succeed in their ventures.

This gap has certainly led to numerous failed initiatives, shattered dreams, and lost investments. Imagine all those young aspiring youth, full of enthusiasm and creativity, but crushed by their own inability to drive their business enterprises to success.

The fact is, good ideas are a dime a dozen. The true value is in the ability to transform those ideas into reality…and rare are those that have the intrinsic knowledge to go through the process. In this context, I have realized that project management skills, knowledge and tools come in very nicely to fill a gap for the aspiring entrepreneurs and empower them to be able to transform their ideas into a reality.

So after some well-thought of analysis, I have pinpointed 5 project management mantras from which entrepreneurs can surely benefit from:

  1. Ability to clearly define the scope of their startups, products, services and communicate it clearly.
  2. Knowledge of how to break down the scope of work into clear and comprehensive work packages, schedule the work packages, and work on a budget accordingly.
  3. Skills in recruiting the right people, engaging them, and motivating them to work synergically.
  4. Communication skills with main focus on unifying terminology used, choosing the proper communication channels, and disseminating the right information.
  5. Expertise in understanding possible risks that are inherent to new ventures and ways to manage them. This usually becomes better with time…trial and error being the best tutor.

That’s what I have in mind so far, I hope it helps. Knock them out!

 

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Redefining Social Relations

On a daily basis we see ourselves competing with one another, we see ourselves fighting for the biggest piece of the pie, we see ourselves not building on each others’ efforts but rather starting from scratch here and there. This is due to many factors, some of which are in the human nature others are in the system itself.

But human nature is bigger than just competition, greed, jealousy, and fear of failing… It’s more about compassion, sympathy, love, ethics, morality, motivation, pleasure and happiness.

We have the ability to change the way we interact, the way we view each other, the way we go through our day…but not everyone is yet willing to change. But what many don’t realize is that together we’ll grow bigger, better and faster. They don’t realize that if we cooperate rather than compete, if we work together rather than against one another we’d both become happier. They don’t realize that money, power and resources are not what it’s all about…but rather are tools to get what we ultimately want…happiness.

Yes we can simplify it to that extent…happiness…one word that sums it all. But what a lot of people miss out on is that every day they compete, everyday they wage war, every day the make a fight with someone, every day that they hold a grudge, they are pulling us all back.

Consider your surrounding from coworkers, friends, family, loved one…etc. and think for minute about how the happiness of those around you affects you. Think of a time when one of those was depressed, stressed out, afraid, exhausted…and think how did that reflect on you? Think for a minute how could you have felt if that person was in fact happy, relaxed, feeling safe, and refreshed? Well…you can do that…you can be that change in others’ lives… you can be that inspiration, that savior, that cushion that softens the fall.

I ask you to consider all your competitors and enemies, and think for a minute on how you could redefine your relation with them. Think of how you can promote more partnerships, more allies, more supporters rather than growing competitors and enemies. Think of win-win situations that you and others can all benefit from.

The world’s resources, if managed properly, are more than enough to satisfy everyone’s needs. In fact with the technology, tools and knowledge we have, we can actually create enough resources to last us for centuries ahead, while at the same time securing that the environment can sustain us without draining it, corrupting it, or exploiting any of its resources.

Think of it on the micro and macro levels…think of it for a minute and start redefining the relations you have with others…it all starts in the mind…but mustn’t end there but rather should perpetuate to reach out not only to you and your community but rather the world at large.

So start redefining your relation with others…

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