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Posts tagged entrepreneurship

A first step towards entrepreneurship is hence to learn to study one’s own unhappiness, to register all one’s pulses of distress, however minor. Declining profits are in essence merely symptoms of giant failures of the imagination on the part of the business community: too many people throwing themselves at the same area, because they can’t think of anything more innovative to do than to start yet another airline, mobile phone company or supermarket chain – to the distress of all participants. By contrast, healthy profits are a reward for understanding and mastering a given human need ahead of others.
More than 80% of Americans think the U.S. would be better governed by people with business experience or women, according to results from a Gallup Poll published Monday.
One of the greatest impediments to creativity is impatience. Stay the course and develop your authentic voice.
I’m envious of my friends who are creating their own gigs and I feel like a sellout because I’m not. I feel stuck, like my talents aren’t utilized in my corporate job.
He has six life lessons Optimism is a waste of time
Keep it simple
Climb every mountain
Cheaters never prosper
Consumerism is killing us
Travel slowly
the fundamental characteristic of entrepreneurs isn’t risk-seeking; it’s self-confidence.
(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.