Trending Social

ibmsocialbiz:

Answer — entrepreneurs define risk differently than big companies do:

For them, risk isn’t as defined by losing tangibles (e.g., income, benefits, “stuff”) as it is by losing intangibles: fulfilling a passion that won’t let go, defining their own sense of purpose, sating their own curiosity, looking themselves in the mirror.

So, entrepreneurs would rather risk outputs (products, profits, etc) than outcomes (results that make a difference to what they believe in)

Via Harvard Business Review


Humility is not to think less of yourself, it’s to think of yourself less. Be humble enough to recognize your mistakes, ask for help when you need it and most importantly, help others in need every time you can.
Entrepreneurial thoughts at Entrepreneur Transition Blog - The price of Humility
Know about yourself and know about your customer and you won’t lose in a hundred enterprises.
Entrepreneurial thoughts at Entrepreneur Transition Blog
Entrepreneurship is living a few years of your life like most people won’t, so that you can spent the rest of your life like most people can’t.
To be an Entrepreneur you have to get rid of the fear of adventure, risk and success and begin fearing the stagnation, the pessimism and the inefficiency.
Entrepreneurial thoughts at Entrepreneur Transition Blog
Business no longer exists without a social element. If you are not communicating online – informing existing customers and connections, educating, entertaining and converting new clients and partners, your business will be as memorable and reachable as that party you went to 15 years ago, made no new friends and took zero pictures.
Remove the obvious to leave what is really meaningful behind
Don’t do anything without thinking; don’t let anyone pressure you to act rashly
Entrepreneurial thoughts at Entrepreneur Transition Blog
An Enterprise is like an Engine; even if the most important piece of the engine is in top notch condition, if a smaller or even an unimportant part is not working properly, sooner or later the complete engine will fail.
Entrepreneurial thoughts at Entrepreneur Transition Blog
Move and become the wind, stop and become the calm.
Entrepreneurial thoughts at Entrepreneur Transition Blog