As we celebrate the life, achievements, and legacy of Dr. Martin Luther King, Jr., entrepreneurs should take note of five important business lessons that can be learned from him, and his role in the Civil Rights movement:
Lots of entrepreneurs constantly – and quite understandably – hustle to get their businesses off the ground. They need customers, investors, connections, recommendations, etc., which means all that hustle typically translates into aggressively asking for those things. You know, "Ask and ye shall receive..." and all that.
And occasionally, every now and then, often in moments of weakness or guilt, someone actually says, “Yes.”
But there’s a better approach: The best way to get noticed is not to constantly ask but to constantly give – or, as Tim O’Reilly says,
These are painful times for recent college graduates. Some 7.9% can't find work, and another 50% or so are marking time in low-paying jobs that don't require anything more than a high-school degree, according to a recent Georgetown University study. What went wrong? And what can we do to help?
I can’t believe it’s another fortnight again and I’m writing the third article in this series of building an enduring wealth.
Thumbs up for ‘my Oga @ d top’ who insisted/forced me to do what I had abandoned since eight years ago.
I’m grateful for this golden opportunity and the feedback I’ve gotten so far.
When I started my career over 30 years ago, I never set out to be an entrepreneur. I wanted to work at a big corporation and become the CEO. But, in 1988, the entrepreneur bug got me after I read “Growing a Business” by Paul Hawken. He describes having your own business as a magical dream. While I would characterize it differently, here are 5 things I wish other entrepreneurs would have told me:
The only way you can command a higher salary is to make your employer more money than anyone else who could do your job.
You make money for your employer by producing profitable goods that will be bought by his customers (who are also his employers).
This is why your employer is not your employer, but your employer’s employers.
Who’s Your Employer?
The pace of change has accelerated to the point where a business plan is no longer enough to plot the future of your business with any certainty. Disruptive technologies or unexpected competitors can come along and displace your business overnight. How do you position your business in this hyper-competitive environment?
Might be useful for those video / movie producers out there. or the aspiring ones
I've been scratching my head trying to think about how to understand the different facets of labor that are shaping contemporary life. I don't have good answers; I only have some provocations and a few questions, but I would love to hear your thoughts.
I was sitting in the reception area of a new client the other day and I always take the time to look around, as reception areas start to tell you what the organization is like. I noticed on the wall there was a big sign that extolled the vision of the organization. It said; 'We will exceed our Customer expectations at all points of contact'. I knew then that I was in for an interesting debate with this organization. This may sound odd coming from a Customer Experience person but the reality is that it is totally unrealistic to exceed Customers expectations at all moments of contact.