9:59:59.000,9:59:59.000
1[br]00:00:00,033 --> 00:00:02,100[br]I'm also a problem solver by nature

9:59:59.000,9:59:59.000
2[br]00:00:02,100 --> 00:00:03,433[br]I'm trained as an engineer

9:59:59.000,9:59:59.000
3[br]00:00:03,433 --> 00:00:05,800[br]and engineering is really about solving problems

9:59:59.000,9:59:59.000
4[br]00:00:05,900 --> 00:00:07,766[br]to either fix something that's broken

9:59:59.000,9:59:59.000
5[br]00:00:07,766 --> 00:00:09,266[br]or create something new

9:59:59.000,9:59:59.000
6[br]00:00:09,266 --> 00:00:12,100[br]that is more effective than what you had before

9:59:59.000,9:59:59.000
7[br]00:00:12,700 --> 00:00:13,566[br]I think

9:59:59.000,9:59:59.000
8[br]00:00:13,800 --> 00:00:16,966[br]critical thinking is the way you approach any problem

9:59:59.000,9:59:59.000
9[br]00:00:16,966 --> 00:00:18,466[br]what is the nature of the problem

9:59:59.000,9:59:59.000
10[br]00:00:18,633 --> 00:00:19,966[br]what does the solution look like

9:59:59.000,9:59:59.000
11[br]00:00:19,966 --> 00:00:22,666[br]and is it feasible does it make sense to try

9:59:59.000,9:59:59.000
12[br]00:00:22,966 --> 00:00:24,366[br]you know if you don't recognize a problem

9:59:59.000,9:59:59.000
13[br]00:00:24,366 --> 00:00:25,733[br]you can't solve it

9:59:59.000,9:59:59.000
14[br]00:00:26,066 --> 00:00:28,566[br]and if you have a solution that's not feasible

9:59:59.000,9:59:59.000
15[br]00:00:28,566 --> 00:00:31,300[br]not realistic you can't fix the problem either

9:59:59.000,9:59:59.000
16[br]00:00:31,400 --> 00:00:34,600[br]so critical thinking is the foundation

9:59:59.000,9:59:59.000
17[br]00:00:34,866 --> 00:00:37,000[br]I think of leadership really

9:59:59.000,9:59:59.000
18[br]00:00:37,066 --> 00:00:38,200[br]you gotta be able to determine

9:59:59.000,9:59:59.000
19[br]00:00:38,200 --> 00:00:39,300[br]what are you trying to do

9:59:59.000,9:59:59.000
20[br]00:00:39,300 --> 00:00:40,966[br]what are the obstacles in your way

9:59:59.000,9:59:59.000
21[br]00:00:41,266 --> 00:00:42,833[br]what are the resources you have available

9:59:59.000,9:59:59.000
22[br]00:00:42,833 --> 00:00:44,766[br]whether it's staff or money

9:59:59.000,9:59:59.000
23[br]00:00:44,766 --> 00:00:46,466[br]or equipment or market share

9:59:59.000,9:59:59.000
24[br]00:00:46,466 --> 00:00:47,566[br]whatever it might be

9:59:59.000,9:59:59.000
25[br]00:00:47,600 --> 00:00:50,000[br]and how do you deploy those in a uniform manner

9:59:59.000,9:59:59.000
26[br]00:00:50,000 --> 00:00:51,466[br]in a forward direction

9:59:59.000,9:59:59.000
27[br]00:00:51,600 --> 00:00:53,466[br]to achieve the ends you're looking for

9:59:59.000,9:59:59.000
28[br]00:00:53,666 --> 00:00:56,966[br]and it's not just setting a plan and executing it

9:59:59.000,9:59:59.000
29[br]00:00:56,966 --> 00:00:59,933[br]it's watching as you go is it working

9:59:59.000,9:59:59.000
30[br]00:01:00,100 --> 00:01:01,400[br]if it is great

9:59:59.000,9:59:59.000
31[br]00:01:01,400 --> 00:01:03,133[br]keep doing it if it's not

9:59:59.000,9:59:59.000
32[br]00:01:03,200 --> 00:01:04,866[br]it's a little off fix it

9:59:59.000,9:59:59.000
33[br]00:01:04,866 --> 00:01:08,133[br]if it's a lot off maybe you're doing something wrong

9:59:59.000,9:59:59.000
34[br]00:01:08,166 --> 00:01:10,466[br]and this is just a judgment call you've got to make

9:59:59.000,9:59:59.000
35[br]00:01:10,466 --> 00:01:11,800[br]the essence of leadership is really

9:59:59.000,9:59:59.000
36[br]00:01:11,800 --> 00:01:13,200[br]about thinking your way

9:59:59.000,9:59:59.000
37[br]00:01:13,300 --> 00:01:15,266[br]to and through the problems you encounter

9:59:59.000,9:59:59.000
38[br]00:01:15,266 --> 00:01:16,633[br]trying to create something new

9:59:59.000,9:59:59.000
39[br]00:01:16,633 --> 00:01:19,900[br]or take over something that's working but not very well

9:59:59.000,9:59:59.000
40[br]00:01:19,966 --> 00:01:22,966[br]it applies in virtually any circumstance

9:59:59.000,9:59:59.000
41[br]00:01:23,033 --> 00:01:25,366[br]where you have an opportunity to make forward progress

9:59:59.000,9:59:59.000
42[br]00:01:25,366 --> 00:01:27,033[br]either starting from ground zero

9:59:59.000,9:59:59.000
43[br]00:01:27,033 --> 00:01:30,500[br]or taking over something that is in need of help

9:59:59.000,9:59:59.000
44[br]00:01:30,600 --> 00:01:32,533[br]and you're gonna try to fix it

9:59:59.000,9:59:59.000
45[br]00:01:32,666 --> 00:01:36,100[br]so leadership is a complicated thing

9:59:59.000,9:59:59.000
46[br]00:01:36,100 --> 00:01:38,566[br]it's hard to summarize it in just 30 seconds

9:59:59.000,9:59:59.000
47[br]00:01:38,666 --> 00:01:40,400[br]but that's a good start I think

9:59:59.000,9:59:59.000
48[br]00:01:42,000 --> 00:01:45,900[br]so you emphasize the important problem - solving

9:59:59.000,9:59:59.000
49[br]00:01:46,200 --> 00:01:47,466[br]as a very

9:59:59.000,9:59:59.000
50[br]00:01:47,466 --> 00:01:50,466[br]critical element of the entrepreneurial mindset

9:59:59.000,9:59:59.000
51[br]00:01:51,433 --> 00:01:52,300[br]I do

9:59:59.000,9:59:59.000
52[br]00:01:52,866 --> 00:01:53,833[br]yeah because I think

9:59:59.000,9:59:59.000
53[br]00:01:53,833 --> 00:01:55,866[br]I think if you look at the average startup

9:59:59.000,9:59:59.000
54[br]00:01:55,866 --> 00:01:57,966[br]and I've seen many thousands of them

9:59:59.000,9:59:59.000
55[br]00:01:58,900 --> 00:02:00,866[br]they may have a grand ambition in mind

9:59:59.000,9:59:59.000
56[br]00:02:00,866 --> 00:02:02,466[br]they may have a good solution

9:59:59.000,9:59:59.000
57[br]00:02:02,466 --> 00:02:06,766[br]but really a startup is a new collection of risks

9:59:59.000,9:59:59.000
58[br]00:02:06,833 --> 00:02:09,633[br]and uncertainties that you need to work through

9:59:59.000,9:59:59.000
59[br]00:02:09,633 --> 00:02:11,966[br]in order to reach a successful outcome

9:59:59.000,9:59:59.000
60[br]00:02:12,800 --> 00:02:14,933[br]nothing is as straightforward as you think

9:59:59.000,9:59:59.000
61[br]00:02:15,233 --> 00:02:17,300[br]We are talking more about the ontological mindset,[br]62[br]00:02:17,300 --> 00:02:20,600[br]which means that we don't really

9:59:59.000,9:59:59.000
63[br]00:02:21,100 --> 00:02:25,300[br]emphasize only people who will be startup founders,[br]64[br]00:02:25,500 --> 00:02:31,066[br]but it can be like anyone who even works for a company

9:59:59.000,9:59:59.000
65[br]00:02:31,066 --> 00:02:33,866[br]or a community or start their own business

9:59:59.000,9:59:59.000
66[br]00:02:33,866 --> 00:02:37,700[br]they all somehow can adopt the entrepreneur mindset

9:59:59.000,9:59:59.000
67[br]00:02:39,233 --> 00:02:42,300[br]yes that mindset applies anywhere

9:59:59.000,9:59:59.000
68[br]00:02:42,300 --> 00:02:43,400[br]whether in a startup

9:59:59.000,9:59:59.000
69[br]00:02:43,400 --> 00:02:47,000[br]in an established corporation in a project at home

9:59:59.000,9:59:59.000
70[br]00:02:47,000 --> 00:02:48,166[br]because what you the whole

9:59:59.000,9:59:59.000
71[br]00:02:48,166 --> 00:02:50,466[br]the real essence of that mindset is

9:59:59.000,9:59:59.000
72[br]00:02:50,466 --> 00:02:52,033[br]how do I create something new

9:59:59.000,9:59:59.000
73[br]00:02:52,033 --> 00:02:54,533[br]or better than I have today

9:59:59.000,9:59:59.000
74[br]00:02:55,066 --> 00:02:57,033[br]the very definition of entrepreneurship

9:59:59.000,9:59:59.000
75[br]00:02:57,033 --> 00:02:59,033[br]is trying to come up with a new solution

9:59:59.000,9:59:59.000
76[br]00:02:59,033 --> 00:03:00,566[br]to a problem you've uncovered

9:59:59.000,9:59:59.000
77[br]00:03:00,666 --> 00:03:02,066[br]or an inefficiency

9:59:59.000,9:59:59.000
78[br]00:03:02,300 --> 00:03:06,066[br]or a performance issue that you think you can fix

9:59:59.000,9:59:59.000
79[br]00:03:06,066 --> 00:03:09,400[br]by applying your creativity and your judgment

9:59:59.000,9:59:59.000
80[br]00:03:09,466 --> 00:03:11,433[br]and your critical thinking capacity

9:59:59.000,9:59:59.000
81[br]00:03:11,433 --> 00:03:13,066[br]and your problem solving abilities

9:59:59.000,9:59:59.000
82[br]00:03:13,100 --> 00:03:14,666[br]to make something new and better[br]