Happy Monday!
This week’s book is
This is a noteworthy book for those looking for guidance in their entrepreneurial journey.
Here’s my top 10 takeaways:
1. Ambition
It is not a disgrace not to reach the stars, but it is having no stars to reach for.
Low aim is sin.
2. Compass
Ask where you are now, where do you want to be and how do you get there.
Delegate tasks and carve out priority time to develop your idea.
3. Mind-set
Creating new markets is better than competing in overcrowded industries.
As Henry Ford said, “If I had asked people what they wanted, they would have said faster horses”.
4. Resilience
Failure is the opportunity to try again but more intelligently.
How you deal with it determines whether you are ultimately a winner.
5. Perspective
An event can have a 1 percent or 99 percent probability of loss. Our response to and interpretation of those two levels of risk make all the difference.
Risk comes from not knowing what you are doing.
6. Priorities
The key is not to prioritize what’s on your schedule, but to schedule your priorities.
Good things happen when you get your priorities straight.
7. Investor Relations
Never tell a potential investor you have absolutely no competition.
Investors are skeptical of any business plan written by one person.
8. Network
Find people that can get under your skin and make you question your way of thinking.
People that tell you the good, the bad, and ugly. People with the ability and audacity to think big carve the path to greatness.
9. Worth & Wisdom
People think focus means saying yes to the thing you’ve got to focus on. But it means saying no to the hundred other good ideas that there are. Pick carefully.
Just because some customers want you, doesn’t mean you need them.
10. Habits
If you really want to know where your destiny lies, look at where you apply your time…
Don’t follow your passions, follow your effort.
These were my top 10 takeaways on The Entrepreneur Mind. What do you think?
Let’s follow the conversation on Twitter.
“Your ability to repel bad people and attract good people makes all the difference in your level of success.”
— Kevin D. Johnson
Until Friday,
Andres Marin