Advice on How to Develop The Entrepreneur Mind
Kids: they dance before they learn there is anything that isn’t music. —William Stafford, poet For the past two years, I have had the privilege of being an instructor for the Teenpreneur conference, a two-day program that has taught thousands of teens the vital concepts of entrepreneurship. Along with other instructors who are entrepreneurs, I […]
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Competition is very good. . . . It’s what makes one strive to be better. —Christine Lahti, actress, film director. Ninety-five percent of the time, arrogance leads entrepreneurs to believe that they have no competition in the marketplace. However, on rare occasions, arrogance isn’t the true cause of this belief. Instead, arrogance is an effect […]
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Eventually, the nerds and the geeks will have their day. —Judd Apatow, film producer, comedy writer Chances are that when you think of the most successful and wealthy entrepreneurs, you don’t think of a group of weird people. Instead, you probably think of well-respected and brilliant people who exhibit all the admirable qualities of well-rounded, […]
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No business plan survives first contact with a customer. —Steve Blank, Silicon Valley–based retired serial entrepreneur. After conjuring up a brilliant business idea, I would immediately start writing a business plan. Like a skilled magician, I could make a marvelous business plan appear before your eyes in just a few days. It would be complete […]
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I have always been afraid of banks. —Andrew Jackson, seventh president, United States of America. One of the worst things you can do as an entrepreneur is to open a business bank account at a bank where you have a personal bank account. Likewise, it is not a good idea to open a business credit […]
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Honesty is for the most part less profitable than dishonesty. —Plato, Greek philosopher If I had listened to my intuition, I could have saved myself some trouble. I would have heeded the many clues that the shoddy owners of the mom-and-pop business gave me. I would have run out of their dubious restaurant as fast […]
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Inspiration comes from all different places. —Jeffrey Katzenberg, CEO, DreamWorks Animation. Oprah Winfrey is known for making guests on her show cry. However, this time, she was the one who would shed tears, overcome by the significance and serendipity of the moment. In 2007 I stumbled upon a television special titled Oprah’s Roots: An African […]
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Two heads are better than one. —John Heywood, English playwright. One of my favorite events in the Summer Olympic Games is the 4×100 meter relay. In this event, a team runs 400 meters total, once around a regulation athletics track, with four teammates running 100 meters each. Currently, Jamaica holds the world record time of […]
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Anger dwells only in the bosom of fools. —Albert Einstein, German physicist. Entrepreneurship is a humbling exercise in learning how to deal with your negative feelings, so as to do what’s best for your company. One of the most difficult feelings to tame is anger caused by a prospective customer who finds no value in […]
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Timid salesmen have skinny kids. —Zig Ziglar, author, motivational speaker Reality hit us like a Mack truck and stopped us dead in our tracks. Although we reached our goal of creating OmniPublisher, one of the first content management systems built specifically for newspapers and other periodicals, we realized that we forgot to include the most […]
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