Maintain your old Siemens Hipath system

Lessons Learned from Successful Entrepreneurs

Entrepreneurs are a special breed of high achievers. They create things, get things started: businesses, clubs, churches, associations, even nations. Their motivations vary. Not all want to be rich. Not all want to produce a Fortune 500 company. Some are motivated by pleasure or civic pride or the desire for fame. Mary Madden, president of Information America, told me she and Burton Goldstein started their company because it gave them freedom and flexibility.

Entrepreneurs see a world that is incomplete. It probably does not yet have what they intend to create. If it does, it needs something else they just thought of.

They differ markedly from one another. But there are similarities. One of the most prominent similarities is the ability to perceive clearly. The ability to perceive clearly is important to many high achievers, but essential for the entrepreneur. Here is what the entrepreneur perceives:

Voids. A college student, Frederick Wallace Smith, conceived of a dependable overnight delivery system for letters and small packages. It would require a vast network of planes, trucks, messengers and electronics that did not then exist. That perception led to Federal Express.

Defects. A cartoonist perceived that most amusement parks of his day were shabby and boring. Why not create something that was improved ? a theme part that was sparkling clean and exciting? That perception led to Disneyland.

Opportune time. Ted Turner was watching Home Box Office one evening and realized that time had come for his small Atlanta-based station to go on satellite too. That perception led to the SuperStation and later to CNN.

Syntheses. Parker H. Petit, CEO of Healthdyne, say his success as an entrepreneur comes from his ability to synthesize data. Petit believes he "can look at a set of circumstances, the market, a product or whatever and see order and opportunities in those variables that other people seem to see and just don't piece together."

Continuing education. When Burton B. Goldstein, chairman of Information America started the company, one of his board members told him: "If you are still in business three years from now, you'll be in a different business." Goldstein says that observation has turned out to be true. "You have to be comfortable with the fact that you are on a road, a learning curve and you are going to learn stuff and you are going to change."

Continuing education is really is an extension of the process that brought about the entrepreneurial venture in the first place. That first vision may be 20/20, but it is more likely that the first vision is only a rough approximation or the "shape of the answer," as author Horace Freeland Judson puts it.

Continuing education is essential because of changing technology. A group of managers recently told me that the technological competence of the average college graduate today will be obsolete within three years or less. What they said is true in most fields because of the pervasive impact of the information revolution. If you don't keep on learning, somebody else will, and put you out of business.

Continuing education is essential because the target audience is changing. No creative activity is more audience-driven than entrepreneurship. If people do not buy the new product or patronize the new store or join the new organization, the venture dies. The target may be a moving one or a fickle one. Tastes may change. People may move physically. So, the entrepreneur must keep on learning about the target audience.

Still another similarity: the ability to do mundane tasks well.

What separates entrepreneurial activity from other creative acts is its emphasis on the practical. Entrepreneurial activity is a creative act, and, as such, is cerebral. It may even grow out of pure research. But entrepreneurs must do the thousand-and-one tasks involved in transforming an insight into something tangible.

Xavier Roberts of Cabbage Patch fame told me that people continually approach him with ideas they believe will make a fortune. "I don't need more ideas," he said. "I need people who can implement ideas." He knows from experience, Roberts was selling his loveably ugly little creatures at flea markets and financing his business on credit cards long before the idea became a national craze.

"Think small," an entrepreneur by the name of Fred P. Burke once told me, "Many people who have these grand visions never can take their eyes from the sky and put them down to the little-bitty takes that have to be done right here, right now, this minute."

Gene Griessman, PhD, is an Atlanta-based author, workshop leader and speaker. His books include Time Tactics of Very Successful People and The Words Lincoln Lived By: 52 Timeless Principles to Light Your Path. To learn more about Dr. Griessman's products and speaking engagements, visit him online at www.presidentlincoln.com.

In The News:

Vigilantes guard shops after looting rampage in Venezuelan city
Wed, 20 Mar 2019 13:35:00 +0000
Vigilantes are standing guard outside stores to prevent looting in Venezuela's second city, Maracaibo.

After days of darkness, mob's orgy of violence has left city in shock
Wed, 20 Mar 2019 14:43:00 +0000
There's still a palpable air of shock in Maracaibo.

Ardern leads two-minute silence for shooting victims
Fri, 22 Mar 2019 00:17:00 +0000
New Zealand's prime minister, Jacinda Ardern, joined thousands in a two-minute vigil, a week after the attacks on two mosques in Christchurch.

One of the most striking responses to terrorism in history
Fri, 22 Mar 2019 04:21:00 +0000
It must rank as one of the most striking and defiant responses to terrorism in history.

Nearly 50 dead after explosion at chemical plant
Fri, 22 Mar 2019 03:27:00 +0000
An explosion at a chemical plant in eastern China has killed 47 people and left hundreds more injured.



tikatoshop.it

Erfahrungen mit Pallhuber Wein
Agen Bola SBOBET Terpercaya

Travel in comfort and at your leisure with CT Airlink Limousine & Car Service for top quality private transportation and exceptional customer service. We operate Sedans, SUVs & Vans for CT Car Services to covering all Connecticut airports including Car Service from CT to Newark Airport , Mohegan Casino Uncasville CT, Foxwoods Casino Mashantucket CT, Manhattan Cruise Terminal NYC, Brooklyn Cruise Terminal NYC and Bayonne Cruise Terminal NJ. CT Airlink hire licensed and friendly chauffeurs who have in-depth knowledge of the Areas.

The Entrepreneurial Difference

Who would ever have imagined that going door-to-door in my... Read More

Compensating for Your Entrepreneurial Style-or Lack of Style

I recently took an entrepreneurial quiz which evaluated my answers... Read More

Part-Time/In-Home Business - Low Expense and Low Risk

As a first time entrepreneur, there are a variety of... Read More

Angel Investors: 7 Online Business Plan Scams and 1 Real Deal

We've all seen the hype: "We'll put your plan in... Read More

Entrepreneurial Hate, its out there

Today, I got an email from a lady who hates... Read More

The Role of Statistics in Prospect Modeling

Identifying prospects has come a long way since the days... Read More

Leadership Attributes for Business Success

Business success is essentially the result of successful leadership. Contrary... Read More

Business Ideas

Richard Branson, billionaire founder of Virgin Records and Virgin Atlantic... Read More

Franchises - Success and You

Many people believe owning a franchise will make them rich,... Read More

How Much Risk is Necessary to Grow Your Business?

A business owner is thoroughly responsible for their own financial... Read More

What Qualities Do Franchisors Need?

When I got into business I wanted to build a... Read More

Determine Your Niche & Be Successful

What's a niche?Dictionary.com provides a great, twofold definition:"A situation or... Read More

The Magic of Thinking Small

Hey!Many of you might disagree and I'm prepared for that.Many... Read More

CHINESE TAKE-OUT: Oriental Business Principles Demystified For Online Enterprises

"The expectations of life depend upon diligence; the mechanic that... Read More

Lessons Learned from One Entrepreneur on Vioxx

For the past ten-months, I tried every drug from the... Read More

Answering Why You, Why Now Critical in a Winning Business Plan

Business plans continue to be an essential element of the... Read More

Is Now the Right Time to Become An Entrepreneur?

A number of economic changes are magnifying the role of... Read More

10 Essential Tips for Starting Entrepreneurs - Ignore these at your Peril!

1. Do What You LOVE: If you've chosen your business... Read More

Top 10 Mistakes Entrepreneurs Make Before They Even Start

So you want to start a business. You have an... Read More

7 Small Business and Self Employed Law of Attraction Principles For Success

It is widely held that one of the most important... Read More

Its Good to Know Your Banker

Recently my bank opened a new branch that is a... Read More

The Secrets to Becoming a Successful Creative Entrepreneur: JJK Secrets #19-21

Hello Creative Entrepreneurs!Welcome to the e-class on Creativity & Entrepreneurship:... Read More

Empathy - Not Business Plans - Key to Your Home Based Business Success - Do You Have Empathy?

EMPATHY is a Natural Talent, you were born with it... Read More

From Bank Clerk to Entreprenuer

What seems like a century ago, I left school and... Read More

Starting Your Business: 3 Tips for Bootstrapping Your Way to the Top

Bootstrapping a business startup does not necessarily mean that you... Read More