Week Ten
I love entrepreneurship. That is what I have decided this week. Reading and thinking about it makes me excited. I am also afraid. I guess it is an adrenaline response. I also like to dream, build, and imagine. I imagine the change that comes to the world through entrepreneurs and also the change that will come over me as I build something that connects to so many people. I hope to be great and build something great. If it is true that it is no harder to build something great than it is to build something good, with a little focus, I can do it.
I liked writing about the interview this week. The person I interviewed is really friendly and has a relaxed and fun personality. You wouldn't guess by looking at him that he built a successful bank from the ground up. He doesn't dress to fancy, and he isn't arrogant. Learning from his examples I had a window into the secrets of a successful life, not just the secrets to a successful business.
I realized from the interview, and the readings, the importance of successful relationships. You need to work with the right people. I tend to want to do things on my own, but I know that I will be more successful if I can use the talents others have already acquired.
Heart of Entrepreneurship
The typical administrator asks: . What resources do I control? . What structure determines our organization’s relationship to its market? . How can I minimize the impact of others on my ability to perform? . What opportunity is appropriate?
The entrepreneur, at the other end of the spectrum, tends to ask: . Where is the opportunity? . How do I capitalize on it? . What resources do I need? . How do I gain control over them? . What structure is best?
The ability to identify favorable circumstances is important but isn’t enough to qualify a person as an entrepreneur. Many innovative thinkers never get anything done.
By endlessly studying how to reduce risk, instead of trying to deal with it, administrative companies slow the decision making
Looking beyond the size of the resource commitment, managers must consider its timing.
An independent entrepreneur can field a salesperson when the need arises, but a corporate manager may put a salesperson in the field before necessary to avoid going through the approval process later.
But many of today’s young publishing ventures consist of just two or three people who rely heavily on outside professionals and suppliers.
Entrepreneurs learn to use other people’s resources well while keeping the option open on bringing them in-house.
The fewer the distinctions, the less inhibited lower-level employees will be about approaching top managers with complaints and suggestions about operations
For many people, the dream of being the boss and being financially self-sufficient is enough to stimulate the pursuit of opportunity
Taylor Richards
You can do great things and it's no harder to do great things than to do good things.
Marissa Mayer
50 percent of projects launched by google where taken out of "20 percent time"
If you take really smart people and give them wonderful tools, they build really beautiful and amazing things
This shows that the company trusts them.
Kathy Huber
tenacity perseverance, sense of responsibility, telling me "no" didn't mean anything, if I wanted it, I went after it anyway.
challenges of equal-pay
To read:
your emotional fingerprint woody woodward
Launching leaders
cherokee parable of two wolves - what you feed lives, what you starve dies
A Hero's Journey
"you haven't tried everything yet," the grandfather said, "You haven't tried asking my advice."
"Never forget that your spouse is your most significant companion of all."
Surround yourself with people of integrity, who are optimistic and kind, and who are passionate.
"seeiking out friendships who are strong where we are weak doesn't always come natuarally."
"This sort of honest is hard, but it is the stuff of real humility (quite distinct from being a whimp)"
"Be curious about other people's hopes and dreams;"
"One of the ladies was rather badly crippled, and while she was able to walk, it would have been very perilous on the unsure footing of the garden. The other woman was a bit younger, and steady on her feet; but she was blind."
"The temptation in launching a business is to "get started now," no matter what the costs."
I liked writing about the interview this week. The person I interviewed is really friendly and has a relaxed and fun personality. You wouldn't guess by looking at him that he built a successful bank from the ground up. He doesn't dress to fancy, and he isn't arrogant. Learning from his examples I had a window into the secrets of a successful life, not just the secrets to a successful business.
I realized from the interview, and the readings, the importance of successful relationships. You need to work with the right people. I tend to want to do things on my own, but I know that I will be more successful if I can use the talents others have already acquired.
Heart of Entrepreneurship
The typical administrator asks: . What resources do I control? . What structure determines our organization’s relationship to its market? . How can I minimize the impact of others on my ability to perform? . What opportunity is appropriate?
The entrepreneur, at the other end of the spectrum, tends to ask: . Where is the opportunity? . How do I capitalize on it? . What resources do I need? . How do I gain control over them? . What structure is best?
The ability to identify favorable circumstances is important but isn’t enough to qualify a person as an entrepreneur. Many innovative thinkers never get anything done.
By endlessly studying how to reduce risk, instead of trying to deal with it, administrative companies slow the decision making
Looking beyond the size of the resource commitment, managers must consider its timing.
An independent entrepreneur can field a salesperson when the need arises, but a corporate manager may put a salesperson in the field before necessary to avoid going through the approval process later.
But many of today’s young publishing ventures consist of just two or three people who rely heavily on outside professionals and suppliers.
Entrepreneurs learn to use other people’s resources well while keeping the option open on bringing them in-house.
The fewer the distinctions, the less inhibited lower-level employees will be about approaching top managers with complaints and suggestions about operations
For many people, the dream of being the boss and being financially self-sufficient is enough to stimulate the pursuit of opportunity
Taylor Richards
You can do great things and it's no harder to do great things than to do good things.
Marissa Mayer
50 percent of projects launched by google where taken out of "20 percent time"
If you take really smart people and give them wonderful tools, they build really beautiful and amazing things
This shows that the company trusts them.
Kathy Huber
tenacity perseverance, sense of responsibility, telling me "no" didn't mean anything, if I wanted it, I went after it anyway.
challenges of equal-pay
To read:
your emotional fingerprint woody woodward
Launching leaders
cherokee parable of two wolves - what you feed lives, what you starve dies
A Hero's Journey
"you haven't tried everything yet," the grandfather said, "You haven't tried asking my advice."
"Never forget that your spouse is your most significant companion of all."
Surround yourself with people of integrity, who are optimistic and kind, and who are passionate.
"seeiking out friendships who are strong where we are weak doesn't always come natuarally."
"This sort of honest is hard, but it is the stuff of real humility (quite distinct from being a whimp)"
"Be curious about other people's hopes and dreams;"
"One of the ladies was rather badly crippled, and while she was able to walk, it would have been very perilous on the unsure footing of the garden. The other woman was a bit younger, and steady on her feet; but she was blind."
"The temptation in launching a business is to "get started now," no matter what the costs."
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