Friday, March 12, 2010

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Entrepreneurship Quotes

“You could spend all your time learning and not doing.  And doing, not learning to do, is the essence of entrepreneurship.”

“The reality is that “entrepreneur” is not a job title.  It is the state of mind of people who want to alter the future.”

Guy Kawaski – The Art of the Start

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Entrepreneurship Quote

Prioritization rescues people from the quick sand of decision angst!

– Chris Hanks on Business Planning: Sexy, Unique, and Compelling

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Innovation Quote

Dissent and debate are the only way to improve and drive innovation. If we surround ourselves with people that agree with us -> stagnation.

- Mark Staples

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15 Entrepreneur Questions from UGA

We are currently at the University of Georgia with Jim and Chris. They are answering questions on entrepreneurship for a group of students. We are filming the Q&A series as it will be apart of The Entrepreneur School.

I’ve listed the questions below along with some highlights from the answers.

1. How was the transition from working for Coke to Entrepreneur?

2. How would you advise a student who is transitioning from Undergrad to either entrepreneurship or a grad degree?

3. If spending a great deal of money on a startup raises risk how do you start a business with little captial? Even as a student?

4. Should I work for an entreprneur or start slow and small on my own?

5. If I am only going to spend 5k-10k where would I spend the money?

6. How do I get the idea in the first place?

7. What are some necessary legal aspects of starting a business?

8. How do you choose a business partner and selection of equity for each?

9. Does bartering work for bootstrapping?

10. How do you determine what is a good deal with web programming?

11. Are there differences  between what you are saying here for an  independent contractor?

12. How does a web marketer or service business entrepreneur advertise itself?

13. When should you start paying yourself?

14. You’ve both started businesses where you were the originated the idea how did you bring in people who you could trust; instill the idea; etc…?

15. What are you 1 or 2 reasons for success or failure?

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Google China and the Entrepreneur

In Google’s official statement about their “New Approach to China,” they praised the entrepreneur in this exert:

China’s economic reform programs and its citizens’ entrepreneurial flair have lifted hundreds of millions of Chinese people out of poverty.  Indeed, this great nation is at the heart of much economic progress and development in the world today.

We we keep an eye on the situation with Google and China on this blog.  On one side of the argument, many believe that economic progress brought about by the exchange of commerce and ideas empowers the local middle class to demand more rights to conduct their affairs, thus placing pressure on the government to instigate change.  Another argument is that a company will never be able to make change by cowering to the demands of a government to conduct business in a particular region.  But if that company decides not to do business in the region as a result, are they setting themselves up for future failure by not being in the region?

Click here for Google’s full statement.

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Entrepreneurship Quote

“In a time of drastic change it is the learners who inherit the future. The learned usually find themselves equipped to live in a world that no longer exists.”

- Eric Hoffer

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Entrepreneurship Quote

“Young men are fitter to invent than to judge, fitter for execution than for counsel, and fitter for new projects than for settled business … Men of age object too much, consult too long, adventure too little…. Certainly it is good to compound employments of both, because the virtues of either age may correct the defects of both.”

- Francis Bacon, 1597

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Entrepreneurship Quote

“The critical ingredient is getting off your butt and doing something. It’s as simple as that. A lot of people have ideas, but there are few who decide to do something about them now. Not tomorrow. Not next week. But today. The true entrepreneur is a doer, not a dreamer.”

- Nolan Bushnell

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Entrepreneur Quote

Once you take government money you no longer are a profit institution; you now serve political masters.

John Tamny – Real Clear Markets

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Entrepreneurship Quote of the Day

“You can’t want to be an entrepreneur.   You have to want to be a solution to a problem.”
- Jim Beach

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Click here to register to The Entrepreneur School to see the first 6 videos from Module 1 - "Being an Entrepreneur."

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