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More Startup Tips From The Beatles

InfoChachkie

I recently reviewed Richard Courtney and George Cassidy’s published business book, Come Together – The Business Wisdom of The Beatles in the first entry of this series. . However, despite the book’s shortcomings, it contains a number of insightful lessons emerging entrepreneurs can apply to their startup careers.

Tips 252
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Optimistically Pessimistic: Entrepreneurs Fear Near-term Failure Yet Are Assured Of Their Long-term Success

InfoChachkie

Entrepreneurs should maintain a like level of enthusiasm when operating their adVentures. Not surprisingly, entrepreneurs tend to be more optimistic than the general populace. However, as described in Are You An Entrepreneur? Strategic planning at a startup is guided by entrepreneurs’ innate optimistic pessimism.

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Optimistically Pessimistic: Entrepreneurs Fear Near-term Failure Yet Are Assured Of Their Long-term Success

InfoChachkie

Entrepreneurs should maintain a like level of enthusiasm when operating their adVentures. Not surprisingly, entrepreneurs tend to be more optimistic than the general populace. However, as described in Are You An Entrepreneur? Strategic planning at a startup is guided by entrepreneurs’ innate optimistic pessimism.

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Your Startup Should Emulate The Beatles, Not A Flock Of Seagulls

InfoChachkie

Why did A Flock of Seagulls crash soon after their initial hit while the Beatles’ career has spanned nearly 40-years, including a number one CD (“Love”) as recently as 2007? The Beatles longevity and success was largely the result of their group dynamics, which are identical to those present in successful startups. We Can Work It Out.

Startup 193
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Shutup And Sell: Entrepreneurs Shouldn’t Discuss Religion, Politics Or Sex(ual Orientation)

InfoChachkie

A startup leader's primary responsibility is to maximize the return to its stakeholders, which include the company's global and local neighbors, employees, suppliers, customers and investors. Angry people are usually inspired to act against your company's interests. Be boring in public. Association Guilt. Associations are powerful.

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Maximize Your Exit By Not Selling Your Company

InfoChachkie

He told the homeowner that he represented someone who wanted to purchase the ranch at a substantial premium over its current fair market value. However, in many cases, acquiring companies behave in a less rational manner than Mr. Jackson. Our response was that there was no “price” as our company was not for sale.

Company 160
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Are You an Entrepreneur?

InfoChachkie

“You are forty, out of a job, a newlywed, your wife is expecting a baby, you don’t own your own home, you have no specialized qualifications, the only company you ever launched went bankrupt and you have just been sentenced to one year in jail.”. Hint: He was an entrepreneur. The same is true of entrepreneurs.