5 Lessons For Entrepreneurs
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5 Lessons For Entrepreneurs

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You learn some pretty hard lessons in 20 years of entrepreneurship. Hopefully, you can avoid some of my mistakes by reading this presentation.

You learn some pretty hard lessons in 20 years of entrepreneurship. Hopefully, you can avoid some of my mistakes by reading this presentation.

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  • 1. LESSONS LEARNED IN 20 YEARS AS AN ENTREPRENEUR 5 IAN LURIE CEO, PORTENT @PORTENTINT
  • 2. WHO IS THIS GUY? @PORTENTINT CEO, FOUNDER, PORTENT, INC. WWW.PORTENT.COM
  • 3. SINCE 1995
  • 4. SINCE. 1995.
  • 5. I’VE BEEN THROUGH A LOT (AND I’VE HAD MY MOMENTS)
  • 6. SOME STUFF IS FINALLY SINKING IN guess i shouldn't have done that
  • 7. MY 5 LESSONS just mine. your results may vary.
  • 8. ENTREPRENEURS these lessons are for you don’t have to be one
  • 9. BELIEVE IT 1 IT’S WHAT GUIDES YOUR WORK
  • 10. IT’S PERSONAL don’t let anyone tell you different
  • 11. LIVE IT in the way you work
  • 12. KNOW WHY you’re doing this
  • 13. LOVE IT enough to learn it
  • 14. LOVE IT enough to teach it
  • 15. THE CUSTOMER IS NOT ALWAYS RIGHT
  • 16. WHEN YOUR GUT SPEAKS LISTEN
  • 17. BALANCE 2 LIFE, WORK AND HEALTH
  • 18. YOU CAN WORK any 100 hours/week you want
  • 19. YOUR FAMILY must support what you’re doing
  • 20. YOU STILL have to clean the toilet now and then
  • 21. YOUR 1ST DUTY is to remain standing
  • 22. YOU’RE NOT CAPTAIN AMERICA YOU’RE A GRUNT
  • 23. TREAT YOURSELF you deserve it
  • 24. YOU DON’T HAVE A.D.D. you’re just disorganized
  • 25. BECOME A MASTER TIME MANAGER it’s your most precious resource
  • 26. GROWTH 3 MUST BE SUSTAINABLE
  • 27. YOU ARE TAKING RISKS NOT CRASHING CARS be smart
  • 28. HIRE FOR INTELLIGENCE NOT SKILLS anything can be learned. if you can think.
  • 29. HIRE FOR EQ NOT POLISH they can always wear a suit
  • 30. TEACH THE SH#T OUT OF EVERYTHING
  • 31. LEARN THE SH#T OUT OF EVERYTHING
  • 32. WORK AT THE EDGES DELEGATE THE MIDDLE expertise execution leadership
  • 33. DO THE MATH it doesn’t lie (but it may fib)
  • 34. SET CLEAR, MEASURABLE GOALS for yourself and others
  • 35. CHANGE IS GOOD until it’s not
  • 36. DON’T WAIT FOR THE PERFECT TOOL forever is a long time
  • 37. CASH FLOW IS KING you can’t breathe without air
  • 38. TRUST 4 BUILD IT. DEMAND IT.
  • 39. INTEGRITY IS THE ACE it’s not a renewable resource
  • 40. DON’T FART IN PUBLIC people remember that
  • 41. IF YOU CAN’T TRUST THEM FIRE THEM employees or clients
  • 42. SET CLEAR STANDARDS ‘be great’ doesn’t do it
  • 43. CRAZY ISN’T MOTIVATIONAL no one likes working for a nutjob
  • 44. TAKE A TIME OUT before you explode
  • 45. NICE IS NOT HELPFUL it’s destructive
  • 46. 5 LEADERSHIP IN ALL THINGS photo by richard masoner
  • 47. LEAVE YOUR EGO AT THE DOOR it’s distracting
  • 48. LISTEN, THEN DECIDE please. pre﬛ please.
  • 49. YOU DO KNOW WHAT YOU’RE DOING even when you don’t
  • 50. FOUNDERS MUST BUILD THE THING it’s hard to run the business otherwise
  • 51. CEOs MUST KNOW THE WORK otherwise they make bad decisions
  • 52. REVEAL TO DISCOMFORT it beats hiding
  • 53. THINGS GO WRONG it’s how you react that counts
  • 54. NEVER EVER EVER EVER stop learning in public
  • 55. THE PEOPLE who taught me
  • 56. BEN HOROWITZ THE HARD THING ABOUT HARD THINGS
  • 57. PATRICK LENCIONI EVERYTHING HE’S WRITTEN
  • 58. GUY KAWASAKI ENCHANTMENT
  • 59. STEPHEN AMBROSE D-DAY
  • 60. DORIS KEARNS GOODWIN TEAM OF RIVALS
  • 61. STEVEN JOHNSON THE GHOST MAP
  • 62. ALL OF HISTORY great leaders are great teachers
  • 63. MY WHOLE FAMILY through patience & occasional lack thereof
  • 64. EVERYONE I’VE WORKED WITH with judicious eye-rolling & support
  • 65. MIND YOUR PARTNERS and yourself
  • 66. LOVE WHAT YOU DO to your core, without question
  • 67. DO IT WELL and be﬙er every day
  • 68. STAY HUMBLE enough to learn
  • 69. STAY ARROGANT enough to lead
  • 70. THANK YOU ian lurie @portentint ian@portent.com www.portent.com