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20<br />Entrepreneurial truths I’ve learned overthe last 20 years running a business<br />Russell@RussellWhite.com<br />
Jump in with both feet – you can’t take a flying leap with one foot on the ground.<br />Russell@RussellWhite.com<br />
Don’t drink your own KoolAid no matter how tasty you make it.<br />Russell@RussellWhite.com<br />
Embrace technology – old solutions don’t solve new problems.<br />Russell@RussellWhite.com<br />
An airplane works hard to get off the ground but it still needs fuel to stay in the air – never stop fueling your business...
Most colleagues will agree with your idea. <br />Find the one who will challenge you to create something even better. <br ...
Sometimes you have to ask someone outside of the family whether your baby is ugly or not.<br />Russell@RussellWhite.com<br />
Stale information is like stale bread – no one is interested.<br />Always be relevant.<br />Russell@RussellWhite.com<br />
Distractions become more attractive the longer you are in business. Keep a laser focus.<br />Russell@RussellWhite.com<br />
You are going to face all-in moments. Take the risk,it wins most of the time. <br />Russell@RussellWhite.com<br />
You can recover from bad beats – if you want it badly enough.<br />Russell@RussellWhite.com<br />
You can’t shoot pool with a scared stick…<br />and you can’t run a business worried about money.<br />Russell@RussellWhite...
Every time your eyes are focused on the competition they aren’t focused on your business.<br />Russell@RussellWhite.com<br />
At each new level you reach, you become the rookie again.<br />Russell@RussellWhite.com<br />
Be decisive. Opportunities are not lost, they are discovered by someone else. <br />Russell@RussellWhite.com<br />
Courage and determination are more important to success than a college degree. <br />Russell@RussellWhite.com<br />
Experimenting isn’t just for lab rats<br />Russell@RussellWhite.com<br />
In tough times, you have to be able to bounce. <br />Russell@RussellWhite.com<br />
There is no other way to say this…<br />
Expect to face at least one serious “Oh Shit” a year.<br />Russell@RussellWhite.com<br />
As long as you love it, it’s not work. <br />Russell@RussellWhite.com<br />
Finally, you know you are an entrepreneur when a bad day working for yourself is better than a good day working for someon...
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20 entrepreneurial truths

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These are 20 lessons I learned over the last 20 years running a business I wish I had known when I started.

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Transcript of "20 entrepreneurial truths"

  1. 1. 20<br />Entrepreneurial truths I’ve learned overthe last 20 years running a business<br />Russell@RussellWhite.com<br />
  2. 2. Jump in with both feet – you can’t take a flying leap with one foot on the ground.<br />Russell@RussellWhite.com<br />
  3. 3. Don’t drink your own KoolAid no matter how tasty you make it.<br />Russell@RussellWhite.com<br />
  4. 4. Embrace technology – old solutions don’t solve new problems.<br />Russell@RussellWhite.com<br />
  5. 5. An airplane works hard to get off the ground but it still needs fuel to stay in the air – never stop fueling your business.<br />Russell@RussellWhite.com<br />
  6. 6. Most colleagues will agree with your idea. <br />Find the one who will challenge you to create something even better. <br />Russell@RussellWhite.com<br />
  7. 7. Sometimes you have to ask someone outside of the family whether your baby is ugly or not.<br />Russell@RussellWhite.com<br />
  8. 8. Stale information is like stale bread – no one is interested.<br />Always be relevant.<br />Russell@RussellWhite.com<br />
  9. 9. Distractions become more attractive the longer you are in business. Keep a laser focus.<br />Russell@RussellWhite.com<br />
  10. 10. You are going to face all-in moments. Take the risk,it wins most of the time. <br />Russell@RussellWhite.com<br />
  11. 11. You can recover from bad beats – if you want it badly enough.<br />Russell@RussellWhite.com<br />
  12. 12. You can’t shoot pool with a scared stick…<br />and you can’t run a business worried about money.<br />Russell@RussellWhite.com<br />
  13. 13. Every time your eyes are focused on the competition they aren’t focused on your business.<br />Russell@RussellWhite.com<br />
  14. 14. At each new level you reach, you become the rookie again.<br />Russell@RussellWhite.com<br />
  15. 15. Be decisive. Opportunities are not lost, they are discovered by someone else. <br />Russell@RussellWhite.com<br />
  16. 16. Courage and determination are more important to success than a college degree. <br />Russell@RussellWhite.com<br />
  17. 17. Experimenting isn’t just for lab rats<br />Russell@RussellWhite.com<br />
  18. 18. In tough times, you have to be able to bounce. <br />Russell@RussellWhite.com<br />
  19. 19. There is no other way to say this…<br />
  20. 20. Expect to face at least one serious “Oh Shit” a year.<br />Russell@RussellWhite.com<br />
  21. 21. As long as you love it, it’s not work. <br />Russell@RussellWhite.com<br />
  22. 22. Finally, you know you are an entrepreneur when a bad day working for yourself is better than a good day working for someone else.<br />Russell@RussellWhite.com<br />

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