[Script Info] Title: [Events] Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text Dialogue: 0,0:00:00.00,0:00:01.04,Default,,0000,0000,0000,,What is the very? Dialogue: 0,0:00:01.61,0:00:06.13,Default,,0000,0000,0000,,Let's say critical element Dialogue: 0,0:00:06.13,0:00:09.65,Default,,0000,0000,0000,,if somebody wants to step into this journey Dialogue: 0,0:00:10.93,0:00:16.16,Default,,0000,0000,0000,,And do we all need to get on this journey? Dialogue: 0,0:00:18.28,0:00:20.09,Default,,0000,0000,0000,,That's a good question Dialogue: 0,0:00:22.00,0:00:27.13,Default,,0000,0000,0000,,I think that a successful business Dialogue: 0,0:00:27.97,0:00:35.81,Default,,0000,0000,0000,,which is a system, which creates value for customers and jobs for people Dialogue: 0,0:00:38.55,0:00:42.77,Default,,0000,0000,0000,,It should be grounded in authentic demand and Dialogue: 0,0:00:44.00,0:00:48.38,Default,,0000,0000,0000,,it's the people working in the business have many roles Dialogue: 0,0:00:49.00,0:00:51.30,Default,,0000,0000,0000,,And there's a difference between working in the business Dialogue: 0,0:00:51.30,0:00:54.11,Default,,0000,0000,0000,,and working on it, and entrepreneurs need to work Dialogue: 0,0:00:54.61,0:00:57.40,Default,,0000,0000,0000,,need to move towards working on the business Dialogue: 0,0:00:58.68,0:01:00.75,Default,,0000,0000,0000,,directing and guiding and leading Dialogue: 0,0:01:01.69,0:01:04.55,Default,,0000,0000,0000,,but in the beginning they're going to be in it and on it. Dialogue: 0,0:01:04.55,0:01:05.64,Default,,0000,0000,0000,,They're going to be Dialogue: 0,0:01:06.64,0:01:10.29,Default,,0000,0000,0000,,in the kitchen, so to speak cleaning up and doing work and Dialogue: 0,0:01:11.79,0:01:17.80,Default,,0000,0000,0000,,But eventually if they want to grow and scale and create more jobs and more growth Dialogue: 0,0:01:17.80,0:01:20.36,Default,,0000,0000,0000,,in their company then they would need to systematize Dialogue: 0,0:01:20.36,0:01:25.00,Default,,0000,0000,0000,,and step back, and create documented systems that can be repeatable Dialogue: 0,0:01:28.00,0:01:30.62,Default,,0000,0000,0000,,But everyone can have an entrepreneurial mindset Dialogue: 0,0:01:30.62,0:01:34.72,Default,,0000,0000,0000,,and my great-grandfather did this in his business Dialogue: 0,0:01:35.12,0:01:40.48,Default,,0000,0000,0000,,He had this concept called blue sheets, and you've heard of Blue Sky Thinking. Dialogue: 0,0:01:41.35,0:01:43.13,Default,,0000,0000,0000,,This is back in the 1920s Dialogue: 0,0:01:44.00,0:01:47.63,Default,,0000,0000,0000,,He had every department Dialogue: 0,0:01:47.63,0:01:52.56,Default,,0000,0000,0000,,and not too far away from any worker is a sheet of blue paper in a box Dialogue: 0,0:01:53.64,0:01:57.37,Default,,0000,0000,0000,,And anyone can write down any idea for improving. Dialogue: 0,0:01:58.73,0:02:02.70,Default,,0000,0000,0000,,This Is 1920, this is before The Toyota Way Dialogue: 0,0:02:03.15,0:02:05.100,Default,,0000,0000,0000,,Wow - which is a similar mindset Dialogue: 0,0:02:06.69,0:02:09.56,Default,,0000,0000,0000,,And my grandfather collected the blue sheets Dialogue: 0,0:02:09.56,0:02:15.69,Default,,0000,0000,0000,,and people read them all, and any idea which they felt could be implemented to improve Dialogue: 0,0:02:16.48,0:02:18.83,Default,,0000,0000,0000,,production or worker welfare Dialogue: 0,0:02:18.83,0:02:23.42,Default,,0000,0000,0000,,or anything would be implemented in that person would get credit. Dialogue: 0,0:02:24.26,0:02:25.30,Default,,0000,0000,0000,,They would get Dialogue: 0,0:02:26.73,0:02:27.73,Default,,0000,0000,0000,,Awards Dialogue: 0,0:02:28.00,0:02:29.74,Default,,0000,0000,0000,,Financial awards Dialogue: 0,0:02:30.27,0:02:33.07,Default,,0000,0000,0000,,Recognition and so this was highly motivating Dialogue: 0,0:02:33.07,0:02:36.58,Default,,0000,0000,0000,,and so everyone in the whole business was entrepreneurial