Whitman School of Management at Syracuse University
Abstracts > Abstract Details JDE

Abstract Details

Thought Self-Leadership: Mind Management for Entrepreneurs
Vol. Volume 2, Number 1 June/1997

Christopher P. Neck, Heidi M. Neck and Charles C. Manz

Christopher P. Neck is Assistant Professor of Management at Virginia Polytechnic Institute and State University. Heidi M. Neck is a doctoral student in the Department of Management at the University of Colorado, Boulder. Charles C. Manz is the Nirenberg Professor of Business Leadership at the University of Massachusetts, Amherst.

Entrepreneurs are practically guaranteed to find themselves confronting challenging situations. Various training programs have been used to help entrepreneurs overcome these challenges and thus enhance their success rates. This paper proposes that traditional entrepreneurial training programs may be omitting an element crucial to entrepreneurship success; the element of self-control of thought processes. We argue that by developing habits and patterns to manage their thought processes, entrepreneurs can better recognize and act on ideas. Further, cognitive self-control can help entrepreneurs view challenging situations in more positive ways--that is to see the "opportunistic" road to new venture creation.

Keywords: Entrepreneurship training, cognitive self-control, thought processes.