GLN 2023 - LearnAbout - Doing to Teaching Transition

[Paul Terlemezian]

Learn from  other retirees who have transitioned from “doing” to “teaching”, busting the myth that said “those who can do, those who cant will teach!”

Session Leader: Bill VanCuren

The format of this session will be:

1. Bill will explain what he wishes to learn about - and why
2. He will ask each of you why you attended - to learn? to teach? something else?
3. He will then guide the session around what he is willing to learn from you

Here are the Zoom details:

Topic: GLN 2023 - LearnAbout - Doing to Teaching Transition
Time: Nov 6, 2023 3:15 PM Eastern Time (US and Canada)

https://us02web.zoom.us/j/82937024760?pwd=b2htSHd1dnFCRnBRcG5NSnVPY...

Meeting ID: 829 3702 4760
Passcode: 543806

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[phone],,82937024760#,,,,*543806# US (Washington DC)
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[Paul Terlemezian]

I asked ChatGPT for its insight:

Preparation from the Boardroom:

1. Leadership and Management Skills: In the boardroom, you likely gained valuable leadership and management skills. These skills can be directly transferable to a training business, where you'll need to manage instructors, curriculum, and possibly a team of employees.

2. Strategic Thinking: CIOsoften make strategic decisions for their organizations. This experience can help you with strategic planning and decision-making for your training business, such as setting long-term goals and identifying growth opportunities.

3. Financial Acumen: Understanding budgeting, financial forecasting, and cost management is crucial in both the corporate world and entrepreneurship. Your experience in financial matters can be invaluable in running their training business efficiently.

4. Technology and Innovation: As a CIO, you may have been exposed to cutting-edge technologies and innovation. In the training business, staying current with technology can be essential for creating effective e-learning materials and utilizing online platforms.

5. Networking and Relationship Building: Relationships with other executives, stakeholders, and industry professionals developed in the boardroom can be leveraged to form partnerships, collaborations, and customer relationships for the training business.

Possible Gaps in Preparation:

1. Teaching and Curriculum Design: Being a successful entrepreneur in the training industry often requires expertise in instructional design, pedagogy, and teaching methods. You may need to acquire or partner with individuals who possess these skills.

2. Marketing and Sales: Corporate roles typically have established marketing and sales teams. Entrepreneurs must often handle marketing and sales themselves, which can be quite different from their previous roles.

3. Customer Focus: While CIOs often deal with internal stakeholders, entrepreneurs need to be customer-centric. You may need to shift your focus from serving the corporation to understanding and meeting the needs of their training business's customers.

4. Risk Tolerance: Transitioning from a secure corporate role to entrepreneurship involves taking on more risk. You should be prepared for the uncertainties and financial challenges that come with running a startup.

5. Operational Challenges: In the boardroom, you may not have had to worry about day-to-day operational issues. In the classroom, you'll need to consider logistics, scheduling, and administration, which can be very different from their previous role.

6. Adaptability: Corporate environments can be stable and predictable, while entrepreneurship often involves rapid changes and adaptability. You will need to be flexible and open to adjusting your business strategies as necessary.

[Vontarius Falls]

It was a pleasure getting to meet you Bill! Something I'd like to share with you that I picked up from a conversation with Coach Micheal Burt a few months ago. He shared the practice he uses to gain clarity on his end goal & in any situation. I figured this may help you get an idea on the type of transition you're interested in pursuing.

He calls it the " A->B " method. You begin by creating a list with your "A", it being where you are now & everything that encompasses it, then your "B , it being where you would like to be after "X" amount of time.

The "A" has to be clearly defined as well as the "B", your ideal "B" being both highly purposeful & highly profitable. In-between that destination are the people & things that can help you get there or keep you away from it. Participating in things or with people that help get you closer to that "B" are called "HVA"s or "High Value Activities". Participating in things or with people that don't get you closer to your "B" are called "LVA"s or "Low Value Activities". 

After clearly defining your "B" you outline who or what can potentially help with each item on that list & begin working your way towards engaging in HVAs that help you get to your "B" until you've reached it. 

He does this exercise daily & I've used it as well to help me gain clarity on how to best define what I want my goals to be & how I can get there through clear & concise actions. 

Cheers!