Successful entrepreneurs often start with a "random" idea, but they quickly focus their efforts and follow a "system" to organize their startup and maximize the clout of their activities. Too many entrepreneur "wannabes" never get past the idea stage, or strike out randomly in many directions.
here are four components to getting the year off to a good start. Unlike resolutions, if we neglect these, we might not get the opportunity to make up for them again next year. Here are four keys to a productive and profitable new year.
Becoming a great success in any arena is a cumulative process that occurs over a period of years, choice-by-choice, step-by-step, leading to transformation. The process is characterized by steady plodding, which builds greater momentum.
Many entrepreneurs feel that natural state of things is that we should be the ones pushing or pulling our business along. In fact, most business owners actually identify with one of the two, pushing or pulling.
In providers' hurriedness, the small kindnesses are falling away: a smile, a handshake, a few warm words, making connection. As care drops out of health care we are paying for it; we are sowing greater dis-ease.
Why should rabid capitalists like us care about anyone's happiness but our own? Think of it as enlightened self interest. Dozens of studies in the past few years all reach the same basic conclusion on this point -- happiness is achievable, and a happy society is more profitable.
After President Barack Obama's annual State of the Union address, it's a reality check from someone who artfully uses television drama to report on the state of America from an entirely different perspective -- the bottom up.
There are plenty of legitimate reasons to send someone to prison, but profit is not among them. Unfortunately, it is an obscenely large reason that American prisons today house more inmates than any other country on this planet. Freedom lost is money gained.
My grandmother raised four kids, and became a single parent when my grandfather passed on and my younger uncle was a tender 14. Learning to become profitable was not something she even thought about. She was "savvy" before savvy was a "business" household name.
Most growth businesses face challenges raising capital at some stage in their development. But for social enterprises, which use the power of business to directly improve society and our environment, the obstacles tend to be tougher and more persistent.
Competitive selection drives faster evolution, and evolution proceeds not just through new variants, but also through new and better versions of the old product. Encourage failure -- it's intrinsic to the process.