S Truett Cathy

Samuel Truett Cathy

Samuel Truett Cathy was born March 14, 1921 in Eatonton, GA

Cathy and his Brother Ben opened up the Dwarf Grill in 1946

In 1976 Cathy opened up the first Chick-fil-A in the Greenbriar mall in Atlanta in 1976

When he started chick-fil-a he saw people that were making chicken sandwiches and that became a major product

Awards

• 1987 – Entrepreneur of the Year, Business Atlanta Magazine
• 1988 – Outstanding Business Leaders Award - Northwood Institute, West Palm Beach, Florida
• 1990 – Executive of the Year Award - University of Georgia
• 1990 – Most Admired CEO Business Atlanta Magazine, November 1990 (Cover)
• 1991 – Pioneer of the Year Award - MUFSO - National Organization

Awards cont.

• 1994 – National Business Commitment to Foster Care Award, National Foster Parents Association
• And many others

Roles of entrepreneur

• innovator
• risktaker
• spark plug
• strategist

Innovator

• exploits change as an opportunity
• does something differently or better
• makes good use of capital
• Example: Regular soft drinks to diet soft drinks

risk taker

• thrill seeking
• impulsivness
• takes calculated risks
• Example: spending money, not knowing if it will pay back

Spark plug

• ability to satisfy a need
• makes vision into reality
• Example: Bill Gates and Microsoft

strategist

• doesn't let failure win
• spots new trends
• exploits weakness in the competition
• doesn't stop re-inventing
• Example: Steve Jobs with Apple and Iphone/Ipad

Ambition: belief that a person can perform better then another to succeed

Self-confidence: belief in oneself - can admit mistake & learn, not be defeated

Willingness to take risks: willing to take a risk for a better outcome

Energy and self-discipline: ability to make yourself work hard and keep working

Perseverance: steadfastness in doing something despite difficulty or delay in achieving success.

Problem solving: ability to think through a problem to the solution

Organizational Skill: ability to use your time, energy, resources, etc. in an effective way so that you achieve the things you want to achieve

Ability to motivate others: can get others to keep at work