entrepreneurs

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 Elon Musk on investments, silicon valley, entrepreneurs, and entrepreneurship

It's OK to have your eggs in one basket as long as you control what happens to that basket. The problem with the Silicon Valley financing model is that you lose control after the first investment round.

Elon Musk

Source: Entrepreneur of the Year: Elon Musk: http://www.inc.com/magazine/20071201/entrepreneur-of-the-year-elon-musk.html

Contributed by: ~C4Chaos

A Quote by Seth Goldman on entrepreneurs, entrepreneurship, conscious capitalism, business, and passion

As the year draws to an end, I face a question that annually lurks in the back of my mind, (and I suspect in the minds of most entrepreneurs), "Do I have the energy and passion for another year?" Though someone from the outside might assume the answer is always, "Yes," people on the outside tend to glamorize the real work of leading a mission-driven company. I encounter so many job applicants drawn to Honest Tea because they want to change the way business is done -- organics, Fair Trade, healthier products, bikes for employees -- but then when they find out the way to make that all real is by walking in the rain lugging 50 pounds of heavy bottles or standing in the hot sun giving out samples, they find out they aren't quite as entrepreneurial as they thought they were. (Internally we say their "Kumbaya factor" isn't as big as their "Get it Done" factor.)

Seth Goldman

Source: The Mission Driven Business: Are We Willing to Give Up Growth for Mission?: http://blog.inc.com/the-mission-driven-business/2007/12/as_the_year_draws_to.html

Contributed by: ~C4Chaos

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

An entrepreneur plows the field and it weakens the idea that change isn't possible. He seeds with some very user-friendly idea. The next entrepreneur comes, and there's more plowing, more seeding. Then hundreds. As we wire the world together, ideas flow from Bangladesh to the United States and Brazil, and back. This becomes multiplicative. The network becomes a distribution channel.

Bill Drayton

Source: Fast Company: A Lever Long Enough to Move the World: http://www.fastcompany.com/magazine/90/open_ashoka.html

Contributed by: ~C4Chaos

A Quote by Addie Swartz on entrepreneurs and entrepreneurship

One thing about entrepreneurs is that when they see something – an opportunity or a problem – they act on it quickly.

Addie Swartz

Source: Women's Business: Addie Swartz Is a Positive Beacon for Girls Twixt and B*tween: http://www.bostonherald.com/business/womens/general/view.bg?articleid=1045592

Contributed by: ~C4Chaos

A Quote by Thomas J. "Tom" Peters on entrepreneurs, entrepreneurship, and business

Anybody who is an entrepreneur is a person who essentially has impaired judgment. The odds of success are zilch. This valley is loaded to the gills with a whole lot of totally insane people who honest to God believe that they can be the next Bill Gates or the next [Sun Microsystems CEO] Scott McNealy. And that is genuinely stupid. In the great city of San Francisco, where I used to live, at 2 in the morning every other Victorian [house] has somebody who is writing the great American novel. And the city is not loaded with James Joyces or Virginia Woolfs. But entrepreneurship is about distorted views of reality.

Tom Peters (1942 -)

Source: Reason Magazine: The Peters Principle: http://www.reason.com/news/show/30404.html

Contributed by: ~C4Chaos

A Quote by Richard Branson on entrepreneurs and entrepreneurship

I wanted to be an editor or a journalist, I wasn't really interested in being an entrepreneur, but I soon found I had to become an entrepreneur in order to keep my magazine going.

Richard Branson

Contributed by: ~C4Chaos

A Quote by Guy Kawasaki on market, business, entrepreneurship, entrepreneurs, and lies

“(Big name research firm) says our market will be $50 billion in 2010.” Every entrepreneur has a few slides about how the market potential for his segment is tens of billions. It doesn't matter if the product is bar mitzah planning software or 802.11 chip sets. Venture capitalists don't believe this type of forecast because it's the fifth one of this magnitude that they've heard that day. Entrepreneurs would do themselves a favor by simply removing any reference to market size estimates from consulting firms.

Guy Kawasaki

Source: How to Change the World: Top Ten Lies of Entrepreneurs: http://blog.guykawasaki.com/2006/01/the_top_ten_lie_1.html

Contributed by: ~C4Chaos

A Quote by Thomas J. "Tom" Peters on passion, entrepreneurship, entrepreneurs, and start-ups

Passion. The life of an entrepreneur is occasionally exhilirating, and almost always exhausting. Only unbridled passion for the concept is likely to see you through the 17-hour days (month after month) and the painful mistakes that are part and parcel of the start-up process.

Tom Peters (1942 -)

Source: The Pursuit of Wow!, Pages: 116

Contributed by: ~C4Chaos

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

What does an entrepreneur do? The first thing is they've given themselves permission to see a problem. Most people don't want to see problems ... Once you see a problem and you keep looking at it you'll find an answer.

Bill Drayton

Source: Bill Drayton on Social Entrepreneurs: http://www.pbs.org/now/news/321.html

Contributed by: ~C4Chaos

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