Chris Hanks is the Founder of the Institute for Entrepreneurship. After various successful stints in developing entrepreneurship programs at colleges like The University of Georgia, Georgia State, and Kennesaw State, Chris is focused on developing the community within the Institute. You can connect with Chris through the Institute’s website or via LinkedIn.

Key Takeaways

• Chris is committed to building a transformational organization focused on impact rather than just information

• Systems and people development are crucial for business growth and scaling

• Work-life balance is a myth; instead, focus on being fully present in each moment

• Having a strong “why” is essential for entrepreneurial success and perseverance

Topics

The Institute for Entrepreneurship

• Mission: Create the most transformational organization in entrepreneurship

• Focus on impact rather than just information dissemination

• Bringing together 100 transformational CEOs to mentor and develop others

• Emphasis on executive development, emerging leader development, and investing in the next generation

Business Growth Fundamentals

• Systems are crucial for scaling: marketing, execution, customer experience

• People development is key: hiring the right people and nurturing their potential

• Importance of clarity in defining success and keeping score

• Need for a consistent process in developing team members

Work-Life Integration

• Reject the concept of work-life balance; focus on work-life presence

• Create memorable moments rather than worrying about the duration

• Be fully present and focused in both work and personal life

• Put away distractions (e.g., phone) during family time to show true engagement

Goal Setting and Commitment

• Shift from “goals” to “commitments” for stronger personal investment

• Chris’s commitment: Building a place famous for love and transformation

• Recognize the challenge of loving well and creating a caring environment

Advice for Aspiring Entrepreneurs

• Carefully consider your reasons for starting a business

• Understand that entrepreneurship will test your character and abilities

• Have a strong “why” to withstand challenges

• Be willing to sacrifice and go through discomfort for long-term success

• Fully commit without relying on a “backdoor” or easy way out