On a lighter note, the only time to become an entrepreneur because “you have a great idea” is when you are sure that God personally sent you that idea with only your name put on it. Many times you may feel that you have a “really good idea” and it is worth betting your farm… Continue reading
Date Archives → December 2007
Questionable reasons to become an entrepreneur #3 – I can make a ton of money
Note: Previous post in this series – #2 – You want to get out of the box Yes, you can. On the other hand, you can lose your shirt too. First, let us look at the employment option. Theoretically, as an employee, there is a limit to how much you can make. Most stock options… Continue reading
Questionable reasons to become an entrepreneur #2 – You want to get out of the box
Note: Previous post in the series – #1 – My friend did it, so can I Large organizations can put people in boxes. You may be in one of them right now. Sometimes you may get a feeling that you are overworked and under-utilized. Being ambitious, you may feel a bit suffocated in that box… Continue reading
Questionable reasons to become an entrepreneur #1 – My friend did it, so can I
When you watch someone you know take the plunge and become an entrepreneur, it seems like may be you can do it too. What is “visible” is only the “actions” taken by this person (like writing a business plan, meeting with investors, raising money, incorporating, creating product, getting early customers, getting media attention…). It may… Continue reading
VC dilemma: How many "No"s before a "Yes"?
The investment track record for Venture Capitalists is not that great. Everyone knows that. Eight out of ten of their investments go south. It is easy to get a “No” from a VC. Since they are always looking to cover their risks, one or two risk areas can prompt a “No” from them. The big… Continue reading
How are YOU impacting your team members and vice versa?
Every significant project that you undertake will transform every team member by the end of that project. The right project and the right team will lift every team member up. This is unavoidable and has to be dealt with. If you are leading the project, you have a huge influence (in turn, a huge responsibility)… Continue reading
Quotes worth recording – Jules Renard
There is a common phrase used to describe some job candidates – “I don’t know whether he has 10 years of experience or 1 year of experience repeated 10 times”. It is just not how many years of experience you have that matters. “What” that experience was becomes important. Here is a quick quote that… Continue reading
What you say and what they may hear…
What you say: I work for <<INSERT BIG COMPANY NAME>> What they may hear: He is part of statistics in <<INSERT BIG COMPANY NAME>> What you say: I have worked for CLIENT1 and CLIENT2 What they may hear: Does CLIENT1 and CLIENT2 know that and do they care? What you say: I am working on… Continue reading
Lifestyle vs. "Earnings and Net worth"
When young professionals get into the job for the first time there is much to be happy about. Until now mostly they were spending money and for the first time they get to see serious money coming in. Actually for about ten years into their career they don’t have to worry about things (unless they… Continue reading
Quotes worth recording – Bob Buford
Just assume that you agree with Bob’s definitions of success and significance. If you do, try and answer these questions: 1. What am I going after – success or significance? 2. Are you happy about it? ========== “Success means using your knowledge and experience to satisfy yourself Significance means using your knowledge and experience to… Continue reading