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Entrepreneurship Quotes

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Entrepreneurship Quotes

“When you work on something that only has the capacity to make you 5 dollars, it does not matter how much harder you work – the most you will make is 5 dollars.”

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Book:Wealth for All: Living a Life of Success at the Edge of Your Ability
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“It all starts with a tiny, stupid idea, then one thing leads to another, and suddenly, you find something amazing: yourself.”

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Book:The Power of Starting Something Stupid: How to Crush Fear, Make Dreams Happen, and Live without Regret
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“Customers want to bond with a brand on a deeper level. They want you to be their BFF, Sherpa, and cheerleader all in one.”

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Book:Launch Your Inner Entrepreneur: 10 Mindset Shifts for Women to Take Action, Unleash Creativity, and Achieve Financial Success
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“The most important behavior on your part involves dedicating a disproportionate share of your own time, attention, and discretionary resources to creating new business models. Existing businesses, and the leaders in charge of them, face little difficulty in articulating their needs, building a case for their support, and attracting people. Entrepreneurial initiatives, on the other hand, are usually seen as marginal or unimportant in their early stages. Unless you personally allocate to them disproportionate attention, disproportionate resources, and disproportionate talent, they will get squeezed by the existing business to the extent that they never have a chance to take off. Your challenge is to provide counterpressure to the inertial forces that lead your people to constantly attend to the demands of today’s business. [...] By disproportionate resources, we mean budget, access to operating capacity or operating assets, and, most vitally, the very best people. Ironically, these are the very resources that are highly desired by managers of the existing business, who are apt to hotly contest any other claim on them. Like the payment of disproportionate attention, the disproportionate allocation of resources to new business models has its costs. Every dollar and every hour of operations capacity allocated disproportionately to entrepreneurial initiatives is money and time denied the existing business. Disproportionate allocation must be a deliberate process, with commitment of resources being visibly recognized as a matter of strategic choice, not a struggle between long- and short-term goals. [...] Finally, you must be prepared for your organization’s top talent to work on entrepreneurial initiatives. This can create a painful dilemma. When top talent works on an entrepreneurial initiative, the current business is weakened accordingly. However, if only mediocre talent is assigned to the difficult task of new business development, the ventures are doomed. Furthermore, allowing ventures to be run by mediocre people sends an even stronger signal to the rest of the business about your real priorities. The smart people in the firm will recognize that business development is not truly a priority for you, and they will organize their own priorities accordingly. The message: If you don’t walk the talk, only the dumb people will listen.”

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Book:The Entrepreneurial Mindset: Strategies for Continuously Creating Opportunity in an Age of Uncertainty
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“Simply put, we need plenty of risk capital flowing into the real economy and real startups solving real problems. You see, if we’re living in an environment where small businesses—the real engines of the economy and job creators—are dying faster than they are being born, you start to wonder what’s wrong with a financing system that is meant to deliver the oxygen for new ventures. Do you hear me, derivatives’ traders? By the end of 2019, those guys scored $559 trillion – which would be equal to almost seven times the world total GDP that same year. What can go wrong?”

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Book:Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
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“While Indian CEOs in Non-Indian companies are getting all the praise and admiration from the Indians, startups born on Indian soil remain unrecognized - this is not a matter of pride, it's a matter of shame, especially for a population whose history is replete with mathematical, scientific and philosophical achievements.”

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Book:Every Generation Needs Caretakers: The Gospel of Patriotism
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“Simply put, we need plenty of risk capital flowing into the real economy and real startups solving real problems. You see, if we’re living in an environment where small businesses—the real engines of the economy and job creators—are dying faster than they are being born, you start to wonder what’s wrong with a financing system that is meant to deliver the oxygen for new ventures.”

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Book:Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
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“Similarly, in a group meeting I had with Steve Wozniak, the cofounder of Apple, it was the same teaching. He had developed skills that at the time didn’t seem relevant, but the same skills became highly coveted years later when technology took off.”

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Book:Take Massive Action: Toward Your Dreams
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“Each one of us has to start somewhere and age should not be a factor in our decision. Often, we may stop ourselves from doing things we may enjoy because we may feel we are past the age of doing so or are too young, but it is more important that we give ourselves the chance to succeed.”

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Book:Take Massive Action: Toward Your Dreams
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“It is always changing and accepting this will help us to adapt better. In the future, our technology will help us to communicate even better than we do now, travel faster and advance us in ways that we never knew could exist. If we anticipate this now, we can hit the ground running when this takes place and have an action plan ready to go.”

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Book:Take Massive Action: Toward Your Dreams
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“You cannot be an entrepreneur, unless you are a good provider. As a 9 to 5 person, your family is your responsibility, as an entrepreneur the families of your employees are your responsibility, as well as the welfare of your customers or clients. Today who abandons their family for their entrepreneurial dream, tomorrow will abandon their employees when that dream goes bankrupt.”

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Book:Yaralardan Yangın Doğar: Explorers of Night are Emperors of Dawn
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“IP is an intangible asset—an idea converted into transferable personal property rights through patents, trademarks, copyrights, service marks, and trade secrets. IP covers every famous animated character you’ve ever heard of, the logos on your clothing. IP covers products and services you use every day—from flashlights to mobile phones, packaging to cars, food and beverage products, to smart thermostats. IP is not only for big businesses. Most start-ups and event microbusinesses have IP of some kind.”

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Book:The IP Miracle: How to Transform Ideas into Assets that Multiply Your Business
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“It’s better to have one huge filing with lots of detail, data, and use cases than a dozen failed filings of five to ten pages each. Minimum filing requirements are not minimum requirements to secure a patent. Who does your patent keep out, and how? Your goal in creating IP is for it to be valuable, to be connected to the company, to be linked to your products or service, and to keep out competitors.”

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Book:The IP Miracle: How to Transform Ideas into Assets that Multiply Your Business
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