Chris Burch has recently become the topic of media discussion after his lecture to venture capitalists regarding the development of a sense of urgency was released on the Burch Creative Capital website. The successful businessman, entrepreneur, and now venture capitalist, has participated in a series of events designed to educate future professionals about the skills and values necessary to develop and operate a successful business model. During his latest discussion with a group of venture capitalists, Burch stated that the development of an urgent mentality was vital to the venture capital industry because a company’s sense of urgency determines whether or not important projects are completed with the original impact they were developed with and because a venture capitalist’s sense of urgency determines whether or not potentially successful businesses are able to move forward.
Urgency Determines Whether or Not Important Projects Are Completed Correctly
Chris Burch has developed several reputable businesses from the ground up, and has been instrumental in the development of several others, making the business mogul an expert in the area of business establishment. Using his impressive background in business building, Burch explained to venture capitalists why a sense of urgency is so vital the completion of stated goals and company projects. According to Chris Burch, a company’s sense of urgency can dramatically influence the company’s ability to effectively conduct product research. When company employees do not feel a sense of urgency to complete tasks associated with the development of a larger company project, the larger project usually suffers. Even when tasks are completed on time within a company that has difficulty with the concept of urgency the company rarely communicates the intended purpose of the project with its consumers.
Urgency Determines Whether or Not Potentially Successful Businesses Move Forward
Chris Burch (http://christopherburch.com/) also discussed the role that urgency plays in the ability of businesses to expand and reach new markets. Venture capitalists have the unique ability to affect multiple businesses at one time in both negative and positive ways. By increasing the sense of urgency within a venture capital firm, business leaders can cultivate the success of the small business ventures in which they have invested time, money, and resources. Chris Birch stated that all business leaders should create effective strategies to increase the sense of urgency in their companies.
More Chris Burch: http://www.huffingtonpost.com/author/christopherburchpr-897