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RESPONSIBLE ENTREPRENEURSHIP VISION DEVELOPMENT AND ETHICS

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24 <strong>RESPONSIBLE</strong> <strong>ENTREPRENEURSHIP</strong><br />

a) 97.6% admitted that their fear of failure has led them to conservative business moves,<br />

with slow and careful steps. They have intense thinking and doubts, things that prevent them<br />

from high-risk ventures<br />

b) 75% of them live simply and conservatively. They make sure they keep a low profile<br />

in their life-style and they ask their family to do the same<br />

c) 97% of them set realistic and long-term goals, planning meticulously to safeguard the<br />

future of the company. These businesspeople admitted that this results in their maintaining<br />

companies with average financial returns<br />

d) 76% said that while at the beginning of their careers they took risks and invested more,<br />

as soon as they secured the prosperity of their families, they became conservative and did<br />

not seek to expand their businesses with new risks.<br />

As for C-Type businesspeople, the study has shown that they are motivated by the need<br />

for financial success, for authority over others, for recognition and glory. From the structured<br />

interviews and business background analysis, the following emerged:<br />

a) 97% of C-Type businesspeople tend to set difficult long-term goals and to invest in<br />

ventures that seem difficult or even impossible<br />

b) 93% of them invests in glamorous public relations<br />

c) 98% do not measure the effectiveness of a company on the basis of the budget but on<br />

the basis of the company’s image<br />

d) 96.8% of them seek the new and the cutting-edge and risks to achieve it<br />

e) 98.2% want to be at the top<br />

In those businesses that applied the Model, 86% of businesspeople reported that knowing<br />

the Types of their employees and managing them according to their Type (including the<br />

motivation that each Type needs according to the Model) resulted in significant increase in<br />

productivity, up to 50% in some cases; cooperation among employees improved; productivity<br />

time was reduced. All this resulted in increase of orders.<br />

Regarding the virtual exercise of the students in Sample 4, data has shown that no team<br />

made up of people of the same Type achieved complete results. A-Types found quick but incorrect<br />

solutions, and in their remaining time made jokes or played games amongst themselves<br />

or simply got bored waiting for others to finish. B-Types checked meticulously every parameter,<br />

overanalyzed data in democratic circular discussions; they did not complete the exercise<br />

in the given time, even when they got an extension. C-Types never arrived at a commonly<br />

approved result. Every member had his/her own opinion and fought to impose it on the team.<br />

All meetings resulted in tense discussions and antagonism.<br />

In the teams where all Types participated, the projects were completed successfully in the<br />

given time. A-Types were sometimes indifferent but when they did participate, they were very<br />

active and usually took on leadership roles. B-Types generally followed the others, kept the<br />

minutes and did the administrative work. C-Types vied for leadership. They usually proposed<br />

difficult solutions that were not easily accepted by the other members. They did not follow<br />

democratic processes and when they failed, they became disappointed and withdrew their cooperation.<br />

It seems that the most effective team was the one that was comprised of one A-Type,<br />

three B-Types, and two C-Types (of different dominant genes).

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