What our country really needs most are those things which money cannot buy.
William J.H. Boetcker
If you’re not a risk taker, you should get the hell out of business.
The best way to predict the future is to create it.
Logic will get you from A to B. Imagination will take you everywhere.
It’s not about ideas. It’s about making ideas happen.
Your time is limited, so don’t waste it living someone else’s life.
Genius is 1% inspiration, and 99% perspiration.
Ideas are easy. Implementation is hard.
The entrepreneur is commonly seen as an innovator, a generator of new ideas, and business processes. Management skill and strong team building abilities are often perceived as essential leadership attributes for successful entrepreneurs.
The term was first defined by the Irish-French economist Richard Cantillon as the person who pays a certain price for a product to resell it at an uncertain price, thereby making decisions about obtaining and using the resources while consequently admitting the risk of enterprise. It first appeared in the French Dictionary “Dictionnaire Universel de Commerce” of Jacques des Bruslons published in 1723.
In order to be a good entrepreneur a professional worker should ask to himself: What should work differently – and what would make it work better? How are markets and needs changing – and how can we make the most of this in developing our solutions? How will we know if change is occurring along the lines we predicted? How can we prepare for alternatives and adjust our plans in order to get ahead of emerging change? What are the best competing solutions? What are existing attempts to close the gap between how things work and how they should? Which attempts have failed and why? Which emerging solutions have the greatest potential, and what would it take to get considered alongside them by customers – and chosen over them? How can our solution be commercialized in practice? What will it involve to produce and monetize the solution? How can we test the market to learn more about what will be required? How do we need to refine the solution to take into account the challenges of launching and growing it in practice? Why should others get involved? Why is it worth their while to help get the solution off the ground, through investing critical time, money, resources and relationships early on?
In political economics, entrepreneurship is the quality of being an entrepreneur, i.e. one who “undertakes an enterprise”. The term puts emphasis on the risk and effort taken by individuals who both own and manage a business, and on the innovations resulting from their pursuit of economic success.
“Entrepreneurship” in this sense may result in new organizations or may be part of revitalizing mature organizations in response to a perceived opportunity. The most obvious form of entrepreneurship is that of starting new businesses (referred as startup company); in recent years, the term has been extended to include social and political forms of entrepreneurial activity”. When entrepreneurship is describing activities within a firm or large organization it is referred to as intra-preneurship and may include corporate venturing, when large entities spin-off organizations.
It’s fine to celebrate success but it is more important to heed the lessons of failure.
It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.
One of the huge mistakes people make is that they try to force an interest on themselves. You don’t choose your passions; your passions choose you.
Success is walking from failure to failure with no loss of enthusiasm.
Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.
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