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Final Entrepreneurship Lecture
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Final Entrepreneurship Lecture

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This is the final lecture I gave my entrepreneurship students tonight.

This is the final lecture I gave my entrepreneurship students tonight.

Published in: Business, Technology
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Transcript

  • 1. Final thoughts
  • 2. Follow your interests
    • Work on things you’re passionate about
    • Find others who are equally passionate
    • Don’t be dissuaded easily
    • Don’t be distracted easily
  • 3. First who…then what
    • Get the right people involved
    • Get the wrong people uninvolved
    • When you find a core group, protect it
  • 4. hedgehog
    • Passion, what you can do best, economic driver
    • Let it filter out distraction
  • 5. progress
    • Measure progress incrementally
    • Celebrate small victories
    • Get something to market soon
      • Listen to customers
  • 6. values
    • Look out the window to apportion success
    • Look to yourself when placing blame
    • Embed some social element into all of your ventures
    • Put family first
  • 7. creativity
    • Comes from activity/motion
    • comes from quiet
    • comes from organization
    • Keep your antenna up at all times
      • Write your ideas down
  • 8. Business
    • Get your affairs in order (banking, taxes, business structure) early
    • Remember your equity is your most valuable asset (give it away grudgingly)
    • Get in the habit of immediately asking who the customer is
    • Pay one vendor on time ALL the time
  • 9. confidence
    • Create a mantra for success (“I will succeed”)
    • Don’t be fooled into thinking that people know what they’re doing
      • Be confident enough to risk and smart enough shift
  • 10. negotiation
    • Don’t talk too much
    • Let the other party talk, you listen (they will give themselves away)
    • Don’t do deals that you wouldn’t take the other side of
  • 11. Execute
    • Create something worth executing
    • Set goals
    • Communicate the goals
    • Measure the goals weekly
    • Establish a single point of responsibility
    • Follow through until it’s done or irrelevant
    • Reward achievers
    • Establish a culture of execution
    • Be honest about your efficacy
  • 12. More values
    • Help people who cannot help you
    • Help without the expectation of return
    • Help many people
    • Do the right thing the right way
    • Pay back society
  • 13. Keep in touch
    • [email_address]
    • See my interests: www.9giantsteps.com
    • Twitter: gah650

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