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Posts tagged entrepreneurship

(via Why The Secret To Getting Rich And Changing The World Is To Have A Stupid Idea | Business Insider)
People want to start their own business or become financially independent. But you don’t end up a successful entrepreneur unless you find a way to love the risk, the uncertainty, the repeated failures, and working insane hours on something you have no idea whether will be successful or not. Some people are wired for that sort of pain, and those are the ones who succeed.
F) Time it takes to reinvent yourself: five years. Here’s a description of the five years:
Year One: you’re flailing and reading everything and just starting to DO.
Year Two: you know who you need to talk to and network with. You’re Doing every day. You finally know what the monopoly board looks like in your new endeavors.
Year Three: you’re good enough to start making money. It might not be a living yet.
Year Four: you’re making a good living
Year Five: you’re making wealth
Think of culture as a cofounder that is present when you are not. You are decisive, communicative, and respectful but its your culture that helps everyone know how to act when you are out of the room. Give that voice clarity and authority.
The future of work is all about entrepreneurism because to take control of your career, you need to be entrepreneurial. You need to know how to market yourself. You need to invest in yourself to keep skills and messaging fresh. And you need to deliver results.
"Willingness to be vulnerable is very powerful for a leader." (via The Psychological Price of Entrepreneurship | Inc. 5000)

"Willingness to be vulnerable is very powerful for a leader." (via The Psychological Price of Entrepreneurship | Inc. 5000)

Elon Musk and Sir Richard Branson Hangout on air (by Google4Entrepreneurs)

Hangout With Elon Musk and Sir Richard Branson moderated by Yonca Brunini. Hangout conversation covers entrepreneurship, space travel, briefly the hyperloop and other exciting projects

After you catch that first wave and the adrenaline kicks in, all you can think about is catching the next one. You’re overcome by a sense of confidence that anything is possible. A surfer may call this being “stoked.” You realize what you’re capable of and become interested in continuing to defy your own limits
You can see who’s most powerful in a society based on who has the tallest buildings. Two hundred years ago it was cathedrals. Fifty years ago it was a government building. Today, in most urban areas, the power rests with business and skyscrapers. Business is the most powerful influence in the world today. Fifty-four of the 100 most powerful entities in the world today are companies, not countries. That means it is that much more important that businesses take a conscious capitalist perspective to make a difference in the world
That’s hope for the future. I think more and more of us will be like this, doing our own projects. People have got it now. That degree wasn’t the key to prestige and security everyone said it was. And not everyone can be doctors or lawyers or engineers.

Young, qualified and jobless: plight of Europe’s best-educated generation | World news | The Guardian

A must read. This european recession is so violent for the generation Y. But some of them can feel it. It’s hard, painful even hopeless some days. But more than a dark time, it could be a transition. Any change is a challenge. But also an opportunity to reinvent ourselves and the system we live in.