This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
A common request I hear from aspiring entrepreneurs is for an assessment of their latest idea. The best new idea for any entrepreneur should first be based on their own personal interests, skills, and lifestyle, rather than the characteristics of a given market or technology. I can assess execution plans, if you have any.
As a small business and startup advisor, I find that entrepreneurs often love to talk about their latest idea, but not their execution. For example, Elon Musk is recognized as a visionary entrepreneur, but his fortune and his impact has come from the great companies he has built, including SpaceX, Tesla Motors, and PayPal.
A common request I hear from aspiring entrepreneurs is for an assessment of their latest idea. The best new idea for any entrepreneur should first be based on their own personal interests, skills, and lifestyle, rather than the characteristics of a given market or technology. I can assess execution plans, if you have any.
You can’t win as an entrepreneur or business owner without full confidence in your own ability, as well as in your solution and business model. I often hear entrepreneurs talk about wanting to get rich quickly, when I know that money is not usually the key to satisfaction or happiness.
A common request I hear from aspiring entrepreneurs is for an assessment of their latest idea. The best new idea for any entrepreneur should first be based on their own personal interests, skills, and lifestyle, rather than the characteristics of a given market or technology. I can assess execution plans, if you have any.
In my experience, many entrepreneurs rely too much on the perspective of a trusted advisor, or try to emulate a competitor who is getting attention. For example, no one should be convinced that Elon Musk is following someone else’s lead as he charges ahead with Tesla, SpaceX, and other initiatives.
Whether you are a business professional in a big company, or an entrepreneur with a startup, innovation is a key strategy. New businesses driven only by a passion for big profit margins, rather than customer value and a higher cause, are perennially high risk with low satisfaction for you and the team.
A common request I hear from aspiring entrepreneurs is for an assessment of their latest idea. The best new idea for any entrepreneur should first be based on their own personal interests, skills, and lifestyle, rather than the characteristics of a given market or technology. I can assess execution plans, if you have any.
There are a few entrepreneurs who seem to always be ahead of the rest, and are able to sense where the market is going tomorrow. Everyone wants to support the entrepreneur with the courage to make bold decisions, and can make it happen. Steve Jobs of Apple and Richard Branson of Virgin Group are other popular examples.
For example, in the entrepreneur world there are people like Elon Musk , who has demonstrated not only innovative ideas, but also impressive results in SpaceX, Tesla Motors, and Hyperloop. Yet if you think about it, it’s not always clear how they do it, or what it takes to be like them.
They get more personal satisfaction from giving than from receiving. Every good entrepreneur learns to pivot, and learn from that experience, but never see failure. Many experts believe that the single biggest cause of startup failure is entrepreneurs simply giving up just prior to success. Always give more than you get.
In reality, that’s the definition of a successful startup these days, so every aspiring entrepreneur should take note, as well as every existing corporate executive. Elon Musk has done it with SpaceX and Tesla, and Steve Jobs did it on a regular basis at Apple. Entrepreneurs who prefer to work alone have a hard road ahead.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content