entrepreneurs

A Quote by Lewis Schiff on entrepreneurs, entrepreneurship, investing, investment, and savings

Those entrepreneurs who are successful and manage to build a business and a nest egg often manage to heap on even more risk when they decide how they're going to invest that nest egg. While building a successful business and managing your investment portfolio both require handling risk intelligently, they are very different activities. Entrepreneurs often fare worse than the average investor when it comes to making investments because many of the traits that make one a successful entrepreneur are precisely the traits that make one a disaster as an investor -- starting with an eagerness to put it all on the line.

Lewis Schiff

Source: The Only Guide to Investing an Entrepreneur Will Ever Need: Our Manifesto: http://www.inc.com/articles/2008/06/our-manifesto.html

Contributed by: ~C4Chaos

A Quote by Bill Drayton on entrepreneurs, entrepreneurship, management, and leadership

The worst mistake I have made was to compromise on these core principles. For example, toward the end of our first period of very rapid growth (45 percent a year for five years), we hired several wonderful, spirited managers. However, they were not entrepreneurs; and they never could, partly in consequence, intuitively "get" our vision, our core stakeholders, or our culture. They set to work managing, which ended in failure, uncomprehending frustration, and culture division. Good entrepreneurs can manage, but no one but an entrepreneur can entrepreneur, let alone help build and lead the world's community of leading social entrepreneurs and their top business entrepreneur allies.

Bill Drayton

Source: America's Best Leaders: Q&A with Bill Drayton, founder of Ashoka: http://www.usnews.com/usnews/news/articles/051022/22drayton.htm

Contributed by: ~C4Chaos

A Quote by Bill Drayton on entrepreneurs, entrepreneurship, management, leadership, and focus

How could any entrepreneur, confronted by such amazing opportunities to help transform the world and to do so with such extraordinary colleagues, be tempted to lose focus? Especially since the work involves such breadth that the boredom of routine or specialization does not exist.

Bill Drayton

Source: America's Best Leaders: Q&A with Bill Drayton, founder of Ashoka: http://www.usnews.com/usnews/news/articles/051022/22drayton.htm

Contributed by: ~C4Chaos

A Quote by Bill Drayton on entrepreneurs, entrepreneurship, and conscious capitalism

Entrepreneurs cannot be happy people until they have seen their visions become the new reality across all of society. They learn how to master whatever skills are necessary. I am, for example, modestly an introvert. However, I spent most of my days dealing with people. It helps hugely that my daily interactions are with wonderful, caring, creative entrepreneurs from whom I learn and with whom I connect. My decision to commit to the Ashoka vision turned in part on recognizing how important this balance would be. My escape for long backpack trips in the wilderness also helps. And so, of course, does finding colleagues who are complements–and with whom I and our values-based entrepreneurial community share so much that the fit works.

Bill Drayton

Source: America's Best Leaders: Q&A with Bill Drayton, founder of Ashoka: http://www.usnews.com/usnews/news/articles/051022/22drayton.htm

Contributed by: ~C4Chaos

A Quote by Steve Case on philanthropy, altriusm, entrepreneurs, conscious business, and busines

I do think that people have an obligation to give back but that doesn't necessarily mean that you give back just the traditional way. Maybe there's new ways to give back and make a contribution. I'm looking forward to some mix of philanthropy -- maybe through a somewhat different prism -- as well as helping entrepreneurs build some significant new businesses.

Steve Case

Source: Academy of Achievement: Steve Case Interview: http://www.achievement.org/autodoc/page/cas1int-1

Contributed by: ~C4Chaos

A Quote by Steve Case on social enterprise, social entrepreneurship, entrepreneurship, conscious business, business, and entrepreneurs

You can be entrepreneurial even if you don't want to be in business. You can be a social entrepreneur focused on the not-for-profit sector. You can be an agriculture entrepreneur if you want to change how people think about farming. You can be a policy entrepreneur if you want to go into government. The idea of an entrepreneur is really thinking out of the box and taking risks and stepping up to major challenges. Trying to instill that sense of entrepreneurship in areas other than business is one of the areas I want to focus on in the years ahead.

Steve Case

Source: Academy of Achievement: Steve Case Interview: http://www.achievement.org/autodoc/page/cas1int-1

Contributed by: ~C4Chaos

A Quote by David Schmidt, Ph.D. on business, entrepreneurship, ethics, morality, and entrepreneurs

The spirit of entrepreneurship includes imagination, inventiveness and openness to the new. This spirit of creative response aligns with the capacity to exercise moral imagination and to see ethical problems in a new light. To be sure, our most fundamental ethical values -- values such as honesty, avoiding doing harm, keeping commitments -- are grounded in timeless traditions and are not likely to be soon abandoned. But it is in the application of these ethical values to emerging, unique situations, where moral imagination and the entrepreneurial spirit can make a decisive difference.

David Schmidt, Ph.D.

Source: The Moral Imagination of Entrepreneurs: http://www.inc.com/resources/leadership/articles/20080101/dschmidt.html

Contributed by: ~C4Chaos

A Quote by Tom Szaky on entrepreneurs, entrepreneurship, business, and decisions

Entrepreneurs don't really make mistakes, though. We just make decisions that seem right at the time, but which sometimes turn out to have been the wrong path to take. For example, we allowed a buyer to place a huge opening order and later had to take some product back. We didn't have our sell-through programs in place, so in hindsight, it would have been wiser to sell in less product at the outset. The scary thing is you are always making decisions without knowing the future. Should we invest in more machinery, or stay with more labor? Should we build a large inventory, or try to fill re-orders as they come in? In making these decisions, you're really betting on one outcome or another, as opposed to making mistaken decisions.

Tom Szaky

Source: Learn From Experience Tom Szaky: http://www.terracycle.net/media/06-01-25_nj_entrepreneur/06-01-25_nj_entrepreneur.htm

Contributed by: ~C4Chaos

A Quote by Tom Szaky on entrepreneurs, entrepreneurship, business, and success

If you are at all successful in your business, be prepared to never have another good day or bad day at work. There will be so many things -- good and bad -- happening on any given day that you will be on a roller coaster of highs and lows. If that excites you, then go for it.

Tom Szaky

Source: Learn From Experience Tom Szaky: http://www.terracycle.net/media/06-01-25_nj_entrepreneur/06-01-25_nj_entrepreneur.htm

Contributed by: ~C4Chaos

A Quote by Ken Hendricks on entrepreneurs, entrepreneurship, business, luck, serendipity, and skill

What is the most overrated skill for an entrepreneur?

The most overrated skill is skill. Luck is more important. The entrepreneur gets credit for being this genius, when really he was just at the right place at the right time.

Ken Hendricks

Source: Inc: 10 questions for Ken Hendricks: http://www.inc.com/magazine/20061201/entrepreneur-questions.html

Contributed by: ~C4Chaos

Syndicate content