Entrepreneurs have no formula for success

There is no formula for success. Every successful entrepreneur did it in an original way.But there is a formula for failure. All failed startups make the same mistakes.Spend too much money. Hire the wrong staff. Find the wrong partners. Raise funds from the wrong shareholders. Lose focus. Over promise. Panic.Your first step in a startup is…

Read More

Entrepreneurs try new things

Steve Jobs said that innovation only happens at the intersections of different disciplines.If you want to innovate, you need to find intersections. The way to find intersections is to try new things. Visit new places. Meet new people.When you taste a new thing, see a new sight, hear a new opinion, that’s when the penny…

Read More

Entrepreneurs don’t need the credit

“It is amazing what you can accomplish if you do not care who gets the credit.” Harry TrumanWhy do you need credit? Why do you need people to know it was your idea? Your company? Your success?Sometimes glory will make it easier for you in other entrepreneurial ventures. But mostly, the recognition you crave is…

Read More

Entrepreneurs get married

If you want to be an entrepreneur you need to find a life partner. The sooner the better.Being single might seem like a better option whilst building your business, but you’re wrong.There are plenty reasons for getting married before you start your business.Most importantly, getting married lets you focus. Focus is the single most controllable…

Read More

Entrepreneurs are not victims

Feeling sorry for yourself?Stop.Feel the world owes you something?Stop.Waiting for someone to save you?Stop.No one will will save you. The world owes you nothing. Don’t feel sorry for yourself.Don’t be a victim. Take control of your life. Wake up early. Choose your friends wisely. Start moving forward.Stop waiting for opportunity to knock on your door.Go…

Read More

Entrepreneurs only need one reason

In Anti-fragile, Nassim Taleb talks about our tendency to find multiple reasons to justify our actions.He argues that one reason is enough. If you need more that one reason, you’re lying to yourself.Why do you want to start a company?Can’t get a job? Want to get rich? Want to build a big company? Have a great…

Read More

Entrepreneurs think the unthinkable

Many people use scenario planning as a tool for ensuring they are prepared for all eventualities. No doubt it is valuable in this manner, but there are two even bigger benefits of considering scenarios that are unthinkable:1. Losing the fear of deathIn business we mostly steer clear of consciously thinking through the consequences of total failure….

Read More

Entrepreneurs ignore their parents (sometimes)

Fact: Your parents love you. They do not want you to be hurt.Having lived life, they know the only way to avoid pain is to avoid taking risk.That’s why your parents always give you bad advice.Taking risk is the only path to growth. Personal, social and financial growth. Your growth is a function of Darwinian…

Read More

Entrepreneurs listen to Destiny

An entrepreneur controls his own life. He refuses to accept the world the way it is, or to accept the path others have laid for him if it doesn’t feel right.But. He also accepts that sometimes the path he has chosen is wrong.There is another path for him, and there are signals every day telling…

Read More

Entrepreneurs control their Destiny

Its easy to go through life believing you have no control over events. Keep your head down, take no risks, stay alive, accept things the way they are.Its called “blowing with the wind.” Some people have perfected the art.These are the people who sit in meetings and are always looking to the person with power. “What…

Read More

Entrepreneurs make staff happy

I had the privilege of working with Clelland Kruger for over three years at iBurst.Clelland was the HR director in that time and was key to us ultimately winning 1st place in the Deloitte Best Company To Work For survey for the Telecoms sector.Somehow, in spite of struggling to make profits and being trapped in an endless…

Read More

Entrepreneurs just do it

Do you have a dream?Do it. Do it. Do it. Do it now.That’s all there is to it. Instead of thinking, and talking and fantasising, just do it.Write a blog. Fire an employee. Call an angry client. Go for a run. Whatever task is on your to-do list, stop procrastinating.Do it now.Its always less painful…

Read More