Entrepreneurship Development Quotes

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The type of person you are is usually reflected in your business. To improve your business, first improve yourself.
Idowu Koyenikan (Wealth for All: Living a Life of Success at the Edge of Your Ability)
When you work on something that only has the capacity to make you 5 dollars, it does not matter how much harder you work – the most you will make is 5 dollars.
Idowu Koyenikan (Wealth for All: Living a Life of Success at the Edge of Your Ability)
If there is one trait that your brand must speak of, it is trust.
Idowu Koyenikan (Wealth for All: Living a Life of Success at the Edge of Your Ability)
Do you know great minds enjoy excellence, average minds love mediocrity and small minds adore comfort zones?
Onyi Anyado
Visionary decision-making happens at the intersection of intuition and logic.
Paul O'Brien (Great Decisions, Perfect Timing: Cultivating Intuitive Intelligence)
You need to choose your association according to your vision.
Onyi Anyado
What the average call excellent, the excellent call average.
Onyi Anyado
No matter what the industry you choose to ultimately invest all your time and energy in, be sure you're the owner, founder, and CEO. Remember, if you don't own it, you can't control it nor can you depend on it.
Brandi L. Bates (Moonshine For The Soul: A Path to Strength, Wisdom, Growth, Health & Happiness)
The greatest solution of all is to live and work in partnership with yourself, your family and friends, your work and community, your nation, your world, nature, and spirit.
Marc Allen (The Millionaire Course: A Visionary Plan for Creating the Life of Your Dreams)
Every great athlete, artist and aspiring being has a great team to help them flourish and succeed - personally and professionally. Even the so-called 'solo star' has a strong supporting cast helping them shine, thrive and take flight.
Rasheed Ogunlaru
One of the newest figures to emerge on the world stage in recent years is the social entrepreneur. This is usually someone who burns with desire to make a positive social impact on the world, but believes that the best way of doing it is, as the saying goes, not by giving poor people a fish and feeding them for a day, but by teaching them to fish, in hopes of feeding them for a lifetime. I have come to know several social entrepreneurs in recent years, and most combine a business school brain with a social worker's heart. The triple convergence and the flattening of the world have been a godsend for them. Those who get it and are adapting to it have begun launching some very innovative projects.
Thomas L. Friedman (The World Is Flat: A Brief History of the Twenty-first Century)
Trustworthy is earned not bought.
Dee Dee Artner
Be determined to be determined.
Onyi Anyado
You will never see an eagle of distinction flying low with pigeons of mediocrity.
Onyi Anyado
Philanthropist is the thought which should be followed by the world.
Aman Mehndiratta
Schooling doesn't assure employment but skill does.
Amit Kalantri (Wealth of Words)
The worst kind of poverty is the poverty of vision.
Onyi Anyado
Anyaele Sam Chiyson Leadership Law of Reproduction: Distinguished leaders impress, inspire and invest in other leaders.
Anyaele Sam Chiyson (The Sagacity of Sage)
Disruptive innovation is entrepreneurs changing their industry with unique creativity.
Onyi Anyado
Entrepreneur, become so disciplined that even your distractions become focused.
Onyi Anyado
Africa is crying out for entrepreneurial leaders & for leaders who are entrepreneurial.
Onyi Anyado
A person who values their goals actually values their achievements.
Onyi Anyado
Your career is your business. You are its CEO. Complacency breeds failure. As the CEO of your career, you must continually improve your skills, especially the art of communication.
Carmine Gallo (Five Stars: The Communication Secrets to Get From Good to Great)
Don't just think out of the box, stand on the box to see new possibilities and opportunities in becoming distinguished.
Onyi Anyado
Anyaele Sam Chiyson Leadership Law of Leading: Superlative leaders are fully equipped to deliver in destiny; they locate eternally assigned destines.
Anyaele Sam Chiyson (The Sagacity of Sage)
Anyaele Sam Chiyson Leadership Law of Legacy: Supreme leaders determine where generations are going and develop outstanding leaders they pass the baton to.
Anyaele Sam Chiyson (The Sagacity of Sage)
Anyaele Sam Chiyson Leadership Law of Development: Surpassing leaders progress advancely from a lower to a higher state of leadership through leading other leaders the right way.
Anyaele Sam Chiyson (The Sagacity of Sage)
Anyaele Sam Chiyson Leadership Law of Prosperity: Great leaders teach other leaders the infinite intelligence that enables them to have plenty of all things and live the good life.
Anyaele Sam Chiyson (The Sagacity of Sage)
Serving my generation with excellence will in turn mean my generation can lead with excellence.
Onyi Anyado
Perfection is born of imperfection.
Richie Norton
Entrepreneur, make today count and but don't let the day count you.
Onyi Anyado
In five minutes you should know if people have confirmed, calculated & considered your vision.
Onyi Anyado
Your comfort zone is not that comfortable.
Onyi Anyado
Anyaele Sam Chiyson Leadership Law of Responsibility: Great leaders greet their geniuses through their greatest power of choice, principle-based living and highest means of expressing their voice.
Anyaele Sam Chiyson (The Sagacity of Sage)
The problem with your company is not the economy, it is not the lack of opportunity, it is not your team. The problem is you. That is the bad news. The good news is, if you're the problem, you're also the solution. You're the one person you can change the easiest. You can decide to grow. Grow your abilities, your character, your education, and your capacity. You can decide who you want to be and get about the business of becoming that person.
Dave Ramsey (EntreLeadership: 20 Years of Practical Business Wisdom from the Trenches)
Anyaele Sam Chiyson Leadership Law of Successful Results: Renowned leaders strive for victory and outdo their previous successes, they do what it takes to recognize an opportunity and pounce on it rightly to achieve great results.
Anyaele Sam Chiyson (The Sagacity of Sage)
When you think of quitting, remember why you started!
John Di Lemme
Your distinction shouldn't be measured by your duration but rather, your donation.
Onyi Anyado
The true ENTREPRENEUR is a risk taker, not an excuse maker.
VDEXTERS
Most people set intentions wrong. The right way to set intentions is to be clear on what you want to go FROM and what you want to go TO.
Jeffrey Shaw (The Self-Employed Life: Business and Personal Development Strategies That Create Sustainable Success)
Strive to be bored is a contradictory statement for most entrepreneurs. But we have to strive to be bored to make space for more if we want to grow our business.
Jeffrey Shaw (The Self-Employed Life: Business and Personal Development Strategies That Create Sustainable Success)
The self-employed need business strategies that are relationship-based, not transactional, authentic to who you are, and right-sized for small business.
Jeffrey Shaw (The Self-Employed Life: Business and Personal Development Strategies That Create Sustainable Success)
It is not your job to prove your value to anyone. It is your job to find the people that already value what you do.
Jeffrey Shaw (The Self-Employed Life: Business and Personal Development Strategies That Create Sustainable Success)
Do you know invisible determination and effort will always accomplish visible distinction and excellence?
Onyi Anyado
One of the things I’ve learnt about goals is people will write them or wrong them.
Onyi Anyado
With the world now a global village, your vision has to transcend different races and faces in different places around the world.
Onyi Anyado
We hire coaches for our mindsets, attend conferences to improve our skill set, work with specialists for every need in our business and wonder why we feel like we’re all over the place.
Jeffrey Shaw (The Self-Employed Life: Business and Personal Development Strategies That Create Sustainable Success)
We are doing business in the empowerment age. It is our job to empower our customers to choose us. The moment you tell them to choose you, they will back up. The moment you tell someone to trust you, they won’t.
Jeffrey Shaw (The Self-Employed Life: Business and Personal Development Strategies That Create Sustainable Success)
Mom & pop stores are not about something small; they are about something big. Ninety percent of all U.S. businesses are family owned or controlled. They are important not only for the food, drink, clothing, and tools they sell us, but also for providing us with intellectual stimulation, social interaction, and connection to our communities. We must have mom & pop stores because we are social animals. We crave to be part of the marketplace.
Robert Spector (The Mom & Pop Store: How the Unsung Heroes of the American Economy Are Surviving and Thriving)
Succeeding in life and business is like falling in love with your wife (for those of you that are married). You can’t leave your wife at the mercy of another man and feel safe.
Nkem Paul
There is an economy in your mind
Nicky Verd
If you don’t take control of your career development, it’s highly unlikely that anyone else will!
Derric Yuh Ndim
Entrepreneur, the development of your daily discipline will determine then deliver your desired distinction.
Onyi Anyado
The only day you should never write and achieve your goals is when the day ends with the letter y.
Onyi Anyado
It's possible to pursue something for yourself, while simultaneously showing up well for the people you love.
Rachel Hollis (Girl, Stop Apologizing: A Shame-Free Plan for Embracing and Achieving Your Goals)
When you’re self-employed, your success is proportionate to your personal development.
Jeffrey Shaw (The Self-Employed Life: Business and Personal Development Strategies That Create Sustainable Success)
When we’re self-employed, much of what has been typical of business, marketing, and sales has creeped us out. We want to do business in ways that feel good to us.
Jeffrey Shaw (The Self-Employed Life: Business and Personal Development Strategies That Create Sustainable Success)
The beginning of change doesn’t come from motivation and dangling carrots. It begins with being clear about what you want to get away from.
Jeffrey Shaw (The Self-Employed Life: Business and Personal Development Strategies That Create Sustainable Success)
We stretch ourselves when the impact we want to make and the life we want to create is bigger than the fear and challenges.
Jeffrey Shaw (The Self-Employed Life: Business and Personal Development Strategies That Create Sustainable Success)
Having a successful life and business requires that we first learn who we are, then do what we have to do in order to have what we want.
Jeffrey Shaw (The Self-Employed Life: Business and Personal Development Strategies That Create Sustainable Success)
We used to build businesses with all effort and hard work. Today, we create businesses by paying attention to what the market wants and co-creating with those we serve.
Jeffrey Shaw (The Self-Employed Life: Business and Personal Development Strategies That Create Sustainable Success)
Build systems for the business to come, not the business you have.
Jeffrey Shaw (The Self-Employed Life: Business and Personal Development Strategies That Create Sustainable Success)
The biggest risk is not in what you build. It is in not supporting what you build.
Jeffrey Shaw (The Self-Employed Life: Business and Personal Development Strategies That Create Sustainable Success)
To create success in your business, you have to protect your capacity to serve others by learning to work efficiently and effectively.
Jeffrey Shaw (The Self-Employed Life: Business and Personal Development Strategies That Create Sustainable Success)
Your success is limited by your personal development- what you think you’re capable of, what you think you deserve, and the mindsets that hold you back.
Jeffrey Shaw (The Self-Employed Life: Business and Personal Development Strategies That Create Sustainable Success)
Daily habits that create steady mindsets are vital to be sure the uncontrollable circumstances of business and life don’t derail you.
Jeffrey Shaw (The Self-Employed Life: Business and Personal Development Strategies That Create Sustainable Success)
One of the things I've learned about vision is people will grab it mentally or, have a crab mentality.
Onyi Anyado
Money Can make things better but a perfect relationship makes your life complete.
Hockson Floin
You need a healthy, thriving self-employed ecosystem. An ecosystem that integrates the three main elements of self-employed success--personal development, business strategies, and daily habit.
Jeffrey Shaw (The Self-Employed Life: Business and Personal Development Strategies That Create Sustainable Success)
The myth of self-employment is we go into business for ourselves thinking we’re going to gain control over our destiny without realizing we are entering completely uncontrollable circumstances.
Jeffrey Shaw (The Self-Employed Life: Business and Personal Development Strategies That Create Sustainable Success)
Entrepreneur, design thinking is the ability to create, portray and deliver tomorrow's distinction, today. ~
Onyi Anyado (The Doorway to Distinction: 200 Quotes To Inspire You To Reach New Levels Of Excellence)
Personal growth is the most powerful force for change on earth. I believe that personal growth can help anyone change anything.
Derric Yuh Ndim
Optimism doesn't make you more persistent. Persistence makes you more optimistic.
Richie Norton
Entrepreneur, if your going to start up, make sure you start up with excellence in mind.
Onyi Anyado
Billions of dollars worth of research knowledge lie dormant at American universities waiting for the right disruptor to come along and create a business.
Jay Samit (Disrupt You!: Master Personal Transformation, Seize Opportunity, and Thrive in the Era of Endless Innovation)
Universal opinions are often mistaken for universal principles
Seth Czerepak (The 24 Hour Marketing Miracle: The FIRST Marketing Book EVER to Be Backed Up By a 500% Money Back Guarantee (Value Mechanics))
Entrepreneur, your either raising the bar of excellence or your exhaling at the bar which is expensive.
Onyi Anyado
A good entrepreneur converts his skills to cash.
Michael Bassey Johnson (Before You Doubt Yourself: Pep Talks and other Crucial Discussions)
If your actions aren't advancing your goals, stop and ask why.
Oscar Auliq-Ice
Driving your own growth by helping others succeed - what a great feeling.
Oscar Auliq-Ice
Economy is a living project, And with cooperation and determination, We'll build a better future for every nation.
Oscar Auliq-Ice
Finally, goals and objectives for each area need to be set. Everyone who takes on the primary responsibility for a key activity, whether product development or people, or money, must be asked: ‘What can this enterprise expect of you? What should we hold you accountable for? What are you trying to accomplish and by what time?’ But this is elementary management, of course.
Peter F. Drucker (Innovation and Entrepreneurship (Routledge Classics))
The most important thing anyone who is looking at a career, especially students, can do is to remember that strengthening and developing your employ-ability is your personal responsibility.
Derric Yuh Ndim
Many self-help teachers say that our schools only focus on “preparing today’s youths to get good jobs by developing scholastic skills.” They think that’s a bad thing. It’s probably the right thing. Not everyone is suited for entrepreneurship, as statistics seem to suggest. Even future entrepreneurs usually need to begin as employees to get their starting capital and to learn while they work.
Derric Yuh Ndim
The best way to prepare for life is a combination of formal traditional education, reading, seminars, and workshops, coupled with experience as well as tapping into the knowledge of experienced people.
Derric Yuh Ndim
In 2007, Stanford Business School Advisory committee asserted that self awareness was the most important attribute a leader should develop. The challenge for the modern entrepreneur is to take that path.
Kevin Kelly DO the pursuit of xceptional execution
Similarly, in a group meeting I had with Steve Wozniak, the cofounder of Apple, it was the same teaching. He had developed skills that at the time didn’t seem relevant, but the same skills became highly coveted years later when technology took off.
Christina Kumar (Take Massive Action: Toward Your Dreams)
I had ceased to be a writer of tolerably poor tales and essays, and had become a tolerably good Surveyor of the Customs. That was all. But, nevertheless, it is any thing but agreeable to be haunted by a suspicion that one's intellect is dwindling away; or exhaling, without your consciousness, like ether out of a phial; so that, at every glance, you find a smaller and less volatile residuum. Of the fact, there could be no doubt; and, examining myself and others, I was led to conclusions in reference to the effect of public office on the character, not very favorable to the mode of life in question. In some other form, perhaps, I may hereafter develop these effects. Suffice it here to say, that a Custom-House officer, of long continuance, can hardly be a very praiseworthy or respectable personage, for many reasons; one of them, the tenure by which he holds his situation, and another, the very nature of his business, which—though, I trust, an honest one—is of such a sort that he does not share in the united effort of mankind. An effect—which I believe to be observable, more or less, in every individual who has occupied the position—is, that, while he leans on the mighty arm of the Republic, his own proper strength departs from him. He loses, in an extent proportioned to the weakness or force of his original nature, the capability of self-support. If he possess an unusual share of native energy, or the enervating magic of place do not operate too long upon him, his forfeited powers may be redeemable. The ejected officer—fortunate in the unkindly shove that sends him forth betimes, to struggle amid a struggling world—may return to himself, and become all that he has ever been. But this seldom happens. He usually keeps his ground just long enough for his own ruin, and is then thrust out, with sinews all unstrung, to totter along the difficult footpath of life as he best may. Conscious of his own infirmity,—that his tempered steel and elasticity are lost,—he for ever afterwards looks wistfully about him in quest of support external to himself. His pervading and continual hope—a hallucination, which, in the face of all discouragement, and making light of impossibilities, haunts him while he lives, and, I fancy, like the convulsive throes of the cholera, torments him for a brief space after death—is, that, finally, and in no long time, by some happy coincidence of circumstances, he shall be restored to office. This faith, more than any thing else, steals the pith and availability out of whatever enterprise he may dream of undertaking. Why should he toil and moil, and be at so much trouble to pick himself up out of the mud, when, in a little while hence, the strong arm of his Uncle will raise and support him? Why should he work for his living here, or go to dig gold in California, when he is so soon to be made happy, at monthly intervals, with a little pile of glittering coin out of his Uncle's pocket? It is sadly curious to observe how slight a taste of office suffices to infect a poor fellow with this singular disease. Uncle Sam's gold—meaning no disrespect to the worthy old gentleman—has, in this respect, a quality of enchantment like that of the Devil's wages. Whoever touches it should look well to himself, or he may find the bargain to go hard against him, involving, if not his soul, yet many of its better attributes; its sturdy force, its courage and constancy, its truth, its self-reliance, and all that gives the emphasis to manly character.
Nathaniel Hawthorne (The Scarlet Letter)
No matter what your reason for wanting to start your own business, developing the foundation is the same. Laying a solid foundation for you business will provide you with a road map to follow as you build your business. As you work through the Start a Business Step-by-Step Workbook you will define the company’s mission, decide what business entity is right for your business, name your business, determine the pricing for your products or services, formulate your financial projections, define your competitors, survey consumers regarding your products or services, determine the marketing methods right for your business and more.
Jeanne A. Estes (Start a Business Step-by-Step Workbook)
The cultural Left has contributed to the formation of this politically useless unconscious not only by adopting “power” as the name of an invisible, ubiquitous, and malevolent presence, but by adopting ideals which nobody is yet able to imagine being actualized. Among these ideals are participatory democracy and the end of capitalism. Power will pass to the people, the Sixties Left believed only when decisions are made by all those who may be affected by the results. This means, for example, that economic decisions will be made by stakeholders rather than by shareholders, and that entrepreneurship and markets will cease to play their present role. When they do, capitalism as we know it will have ended, and something new will have taken its place. […] Sixties leftists skipped lightly over all the questions which had been raised by the experience of non market economies in the so-called socialist countries. They seemed to be suggesting that once we were rid of both bureaucrats and entrepreneurs, “the people” would know how to handle competition from steel mills or textile factories in the developing world, price hikes on imported oil, and so on. But they never told us how “the people” would learn how to do this. The cultural Left still skips over such questions. Doing so is a consequence of its preference for talking about “the system” rather than about specific social practices and specific changes in those practices. The rhetoric of this Left remains revolutionary rather than reformist and pragmatic. Its insouciant use of terms like “late capitalism” suggests that we can just wait for capitalism to collapse, rather than figuring out what, in the absence of markets, will set prices and regulate distribution. The voting public, the public which must be won over if the Left is to emerge from the academy into the public square, sensibly wants to be told the details. It wants to know how things are going to work after markets are put behind us. It wants to know how participatory democracy is supposed to function. The cultural Left offers no answers to such demands for further information, but until it confronts them it will not be able to be a political Left. The public, sensibly, has no interest in getting rid of capitalism until it is offered details about the alternatives. Nor should it be interested in participatory democracy –– the liberation of the people from the power of technocrats –– until it is told how deliberative assemblies will acquire the same know-how which only the technocrats presently possess. […] The cultural Left has a vision of an America in which the white patriarchs have stopped voting and have left all the voting to be done by members of previously victimized groups, people who have somehow come into possession of more foresight and imagination than the selfish suburbanites. These formerly oppressed and newly powerful people are expected to be as angelic as the straight white males were diabolical. If I shared this expectation, I too would want to live under this new dispensation. Since I see no reason to share it, I think that the left should get back into the business of piecemeal reform within the framework of a market economy. This was the business the American Left was in during the first two-thirds of the century. Someday, perhaps, cumulative piecemeal reforms will be found to have brought about revolutionary change. Such reforms might someday produce a presently unimaginable non market economy, and much more widely distributed powers of decision making. […] But in the meantime, we should not let the abstractly described best be the enemy of the better. We should not let speculation about a totally changed system, and a totally different way of thinking about human life and affairs, replace step-by-step reform of the system we presently have.
Richard Rorty (Achieving Our Country: Leftist Thought in Twentieth-Century America)
You are always self-employed. You are always the president of your own personal services corporation, no matter where you might be working at the moment. When you see yourself as self-employed, you develop the entrepreneur mentality. The mentality of the highly independent, self-responsible, self-starting individual. Instead of waiting for things to happen, you make things happen. You see yourself as the boss of your own life. You see yourself as completely in charge of your physical health, your financial well-being, your career, your relationships, your home, your car, and every element of your existence. This is the mindset of the truly excellent person.
Brian Tracy
Youth culture is constantly evolving and Gen Z in particular is disrupting industries, says Witt. Gen Z represents an unprecedented group of innovation and entrepreneurship. This group is focused on niche interests and if brands don’t recognize this now and get on board, they are going to be left behind. It’s also important for brands to adopt a global mindset, as some of the most significant growth is taking place in countries that are either developing or underdeveloped.
Gregg L. Witt (The Gen Z Frequency: How Brands Tune In and Build Credibility)
For the existing enterprise, whether business or public-service institution, the controlling word in the term ‘entrepreneurial management’ is ‘entrepreneurial’. For the new venture, it is ‘management’. In the existing business, it is the existing that is the main obstacle to entrepreneurship. In the new venture, it is its absence. The new venture has an idea. It may have a product or a service. It may even have sales, and sometimes quite a substantial volume of them. It surely has costs. And it may have revenues and even profits. What it does not have is a ‘business’, a viable, operating, organized ‘present’ in which people know where they are going, what they are supposed to do, and what the results are or should be. But unless a new venture develops into a new business and makes sure of being ‘managed’, it will not survive no matter how brilliant the entrepreneurial idea, how much money it attracts, how good its products, nor even how great the demand for them.
Peter F. Drucker (Innovation and Entrepreneurship (Routledge Classics))
Thought Leadership “The new economics for industry, government, education” Book by W. Edwards Deming “In God we trust. All others must bring data.” William Edwards Deming, Statistician, Professor and Author #smitanairjain #leadership #womenintech #thoughtleaders #tedxspeaker #technology #tech #success #strategy #startuplife #startupbusiness #startup #mentor #leaders #itmanagement #itleaders #innovation #informationtechnology #influencers #Influencer #hightech #fintechinfluencer #fintech #entrepreneurship #entrepreneurs #economy #economics #development #businessintelligence #business
W. Edwards Deming (The New Economics for Industry, Government, Education)
great. This is a good description of Rovio, which was around for six years and underwent layoffs before the “instant” success of the Angry Birds video game franchise. In the case of the Five Guys restaurant chain, the founders spent fifteen years tweaking their original handful of restaurants in Virginia, finding the right bun bakery, the right number of times to shake the french fries before serving, how best to assemble a burger, and where to source their potatoes before expanding nationwide. Most businesses require a complex network of relationships to function, and these relationships take time to build. In many instances you have to be around for a few years to receive consistent recognition. It takes time to develop connections with investors, suppliers, and vendors. And it takes time for staff and founders to gain effectiveness in their roles and become a strong team.* So, yes, the bar is high when you want to start a company. You’ll have the chance to work on something you own and care about from day to day. You’ll be 100 percent engaged and motivated, and doing something you believe in. You can lead an integrated life, as opposed to a compartmentalized one in which you play a role in an office and then try to forget about it when you get home. You can define an organization, not the other way around. But even if you quit your job, hunker down for years, work hard for uncertain reward, and ask everyone you know for help, there’s still a great chance that your new business will not succeed. Over 50 percent of companies fail within their first three years.2 There’s a quote I like from an unknown source: “Entrepreneurship is living a few years of your life like most people won’t, so that you can spend the rest of your life like most people can’t.
Andrew Yang (Smart People Should Build Things: How to Restore Our Culture of Achievement, Build a Path for Entrepreneurs, and Create New Jobs in America)
[I]f Modi is toast, it will in one sense be a tremendous pity. In his way, he represents a third generation in cricket's governance. For a hundred years and more, cricket was run by administrators, who essentially maintained the game without going out of their way to develop it. More recently it has been run by managers, with just an ounce or two of strategic thought. Modi was neither; he was instead a genuine entrepreneur. He has as much feeling for cricket as Madonna has for madrigals, but perhaps, because he came from outside cricket's traditional bureaucratic circles, he brought a vision and a common touch unexampled since Kerry Packer.
Gideon Haigh
Entrepreneurship itself is an emergent system, where companies create the conditions for experimentation and learning to occur, often symbiotically with customers. In 1978, Eric von Hippel (my PhD advisor at MIT) pioneered the notion of user-driven innovation.10, 11 Back then, the conventional wisdom was that innovation only came from corporate, government, and university research-and-development labs. While some still believe this today, Eric's insight proved to be prescient in many areas, especially in the information age, as the widespread adoption of open-source software and Lean Startup methodologies have demonstrated.12 Twitter is a tangible example since three of the platform's most popular features—the @ reply, the # hashtag indexing, and retweet sharing—were all generated bottom-up by users.
Brad Feld (The Startup Community Way: Evolving an Entrepreneurial Ecosystem (Techstars))
The literature is full of discussions of these questions; full of stories of the ‘entrepreneurial personality’ and of people who will never do anything but innovate. In the light of our experience – and it is considerable – these discussions are pointless. By and large, people who do not feel comfortable as innovators or as entrepreneurs will not volunteer for such jobs; the gross misfits eliminate themselves. The others can learn the practice of innovation. Our experience shows that an executive who has performed in other assignments will do a decent job as an entrepreneur. In successful entrepreneurial businesses, nobody seems to worry whether a given person is likely to do a good job of development or not. People of all kinds of temperaments and backgrounds apparently do equally well. Any young engineer in 3M who comes to top management with an idea that makes sense is expected to take on its development.
Peter F. Drucker (Innovation and Entrepreneurship (Routledge Classics))
1. Make incremental advances Grand visions inflated the bubble, so they should not be indulged. Anyone who claims to be able to do something great is suspect, and anyone who wants to change the world should be more humble. Small, incremental steps are the only safe path forward. 2. Stay lean and flexible All companies must be “lean,” which is code for “unplanned.” You should not know what your business will do; planning is arrogant and inflexible. Instead you should try things out, “iterate,” and treat entrepreneurship as agnostic experimentation. 3. Improve on the competition Don’t try to create a new market prematurely. The only way to know you have a real business is to start with an already existing customer, so you should build your company by improving on recognizable products already offered by successful competitors. 4. Focus on product, not sales If your product requires advertising or salespeople to sell it, it’s not good enough: technology is primarily about product development, not distribution. Bubble-era advertising was obviously wasteful, so the only sustainable growth is viral growth.
Peter Thiel (Zero to One: Notes on Startups, or How to Build the Future)
Here's a resume of crucial knowledge you should have in today's world but universities are not providing: Financial - Not just on management, but also on how to profit, how to manage and control flows of income; Linguistic - In today's world, speaking only a language is prove of lack of education. Knowing two languages is a basic necessity, and knowing three languages is essential, while knowing four is merely the ideal situation. Which four languages? Chinese, English, Spanish, and another of your choice, just for fun; Intellectual - It's not about what you know; it’s all about how you think about what you know. Therefore, it's ridiculous to think that there’s only one answer and one way to examine our life. Most students are extremely dumb because they lack the ability to educate themselves, despite their certificates or where they’ve studied. They never read with an intention in mind. And as they graduate, they become completely futile as individuals. This situation is the same all over the world. Millions are graduating every year, without any significant knowledge to live with. Their books are often outdated once they graduate and they're unable to learn by themselves and develop the necessary skills to adjust to the economic society in which we live. Maybe they can keep a job for 3 or 5 years of their life, but then are surprised to lose it and never finding a suitable job again. The world is changing very fast and most people can’t or are unwilling to recognize this fact.
Robin Sacredfire