Archive for the ‘inspiration’ Category
Entrepreneurial Judgment
Quote of the day on Entrepreneurial Judgment by Marc (pmarca),
You’d better not have a lot of doubts about what you are doing because everyone else will, and if you do too, you’ll probably give up.
Of course, an entrepreneur’s doubt avoidance is only a plus right up to the point where it becomes pigheaded stubbornness that interferes with her ability to see reality, particularly when a strategy is not working. Read the rest of this entry »
Ideas are just a tiny multiplier
I happened to come across this relevant post on on the value of business ideas.
Quote for the day: The most brilliant idea, with no execution, is worth $20.
“Ideas are worth nothing unless executed. They are just a multiplier. Execution is worth millions.
Explanation:
AWFUL IDEA = -1
WEAK IDEA = 1
SO-SO IDEA = 5
GOOD IDEA = 10
GREAT IDEA = 15
BRILLIANT IDEA = 20
What are you doing?
Nice quote from Larry Ellison to sum up this torrid week,
“There are two kinds of people in business; people who build products and people who sell products. Figure out how you fit into one of these two camps, or you’re toast.”
- Larry Ellison quoted on Found+Read.
Now I know why my head hurts when I find myself dealing with issues that have very little or no relevance to staying on track. If you are in a startup, such issues are plenty and tempt you every day. The raw environment of a startup requires, nay begs that you simplify your thoughts and focus on quickly setting and meeting goals.
Even if you are in the services industry and have an entrepreneurial mindset, focus on either one of the two things. Take your product seriously. That is the only way you will survive a startup later on.
Sunk cost fallacy
For every brand and for every person, yesterday is irretrievably gone and tomorrow is worth a great deal.
- Seth Godin, on sunk cost and your personal brand.
Entrepreneurs are good at keeping their dream when everything about them is changing.
Build up the Entrepreneurial drive
Happy New Year, I wish you a great 2008!
These pieces of art work are driving several out there to become Entrepreneurs.
Pink Floyd – the album Dark Side of the Moon.
Anyone else would have left you by now, but I’m sticking with you. And if I have to ride your ass like Zorro, you’re gonna show me the money. – Rod Tidwell
The Key to this (any) business is personal relationships. – Dicky Fox
I’m finished, I’m f**ked. Twenty four hours ago, man, I was hot! Now… I’m a cautionary tale. You see this jacket I’m wearing, you like it? Because I don’t really need it. Because I’m cloaked in failure! I lost the number one draft picked the night before the draft! Why? Let’s recap: Because a hockey player’s kid made me feel like a superficial jerk. I ate two slices of bad pizza, went to bed and grew a concience! – Jerry Maguire
Railroad Tycoon II – a game by Gathering of Developers.
What are your influences?
On Pricing
Costing is a Science.
Pricing is a policy.
- Long-time businessman, trader and friend.






