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August 20, 2018

Building Thriving Start Ups: Talents & Behavior

talent & behavior

Awareness of your unique talents and behavior impacts building thriving start-ups. Your builder talents influence business outcomes like revenue, growth, job creation, and innovation.

Since the 1930s, economists Irving Fisher and John Maynard Keynes have studied the link between individual characteristics and economic behavior.

Research has clearly established positive links between certain talents and several life outcomes like personal well-being, engagement at work, and business outcomes such as sales growth, number of employees hired, number of new products introduced, or profit growth.

Gallup Builder Profile

Through the Gallup Builder Profile 10 Assessment of individual potential, they can determine if you possess a critical mass of talent relative to the typical characteristics of the most successful builders. Gallup then predicts if you’re more likely to naturally and consistently behave in ways that lead to excellence in the role.

For example, some builders are naturally more creative, some are adept at managing risk, and some have high levels of self-confidence. These talents affect your behavior, which in turn affects outcomes, whether your venture survives or thrives.

Talents & Behavior Outcome

Though your talents for the most part are stable, they can evolve and change in certain situations. Some parts of your personality are more malleable. But most of the time, talents are stable over time and can be used to predict behaviors in a variety of situations.

Talent affects business outcomes.

Talent-behavior outcome has been scientifically studied and proven to influence business building and success.

Here are some Gallup research examples:

  • Builders with dominant creativity talent are 3 times more likely to hold patents.
  • Builders with dominant risk talent are 5 times more likely to have businesses with over $1M in revenue and 4 times more likely to have a strong intent to grow their business significantly.
  • And those high in self-efficacy (confidence) are 3 times more likely to hire employees, thus creating jobs.

What Kind of Builder are You?

Like all builders, you’re likely to be most successful when you’re working within your natural talents. So what kind of builder are you? What are your builder strengths?

Creating self-awareness and knowing your traits and behaviors, will give you the greatest potential for meaningful and sustainable outcomes.

Remember, each talent is highly relevant to specific business outcomes. Once you have your builder profile and know your dominant talents, you can start to think about your talent-behavior-outcome pathways to success.

“No one can produce great things who is not thoroughly sincere in dealing with himself.” —James Russell Lowell

I challenge you to be intentional and identify your 10 Builder Talents. By focusing on your top 4 dominant talents, your self-awareness will provide the best opportunity for success.

Use your talents to your advantage. They’re the key to the survival and success of your thriving venture.

Let’s Get Better!

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