Failure is simply the opportunity to begin again, this time more intelligently
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Jim Valvano
To me, there are three things we all should do every day. We should do this every day of our lives. Number one is laugh. You should laugh every day. Number two is think. You should spend some time in thought. And number three is, you should have your emotions moved to tears, could be happiness or joy. But think about it. If you laugh, you think, and you cry, that’s a full day. That’s a heck of a day. You do that seven days a week, you’re going to have something special.
The most amazing quote from Jim Valvano when accepting Arthur Ashe Courage and Humanitarian Award in 1993. He would pass away 56 days later.
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Chinese proverb
To be uncertain is to be uncomfortable, but to be certain is to be ridiculous
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Proverb
If you expect the world to be fair with you because you are fair you’re fooling yourself. That’s like expecting the lion not to eat you because you didn’t eat him.
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Peter Thiel
The most contrarian thing of all is not to oppose the crowd but to think for yourself
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Jim Lovell
Given a task to do, one that seems impossible. given the desire to do it. Human beings can accomplish just about anything
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Sir Winston Churchill
What is the use of living, if it be not to strive for noble causes and to make this muddled world a better place for those who will live in it after we are gone?
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Brand Lesson
I stopped trying to build Comotion’s brand alone after burning months on frameworks, MBA marketing courses and AI tools that looked impressive but missed something critical.
The breakthrough came when I started showing rough work to people who’d actually challenge my thinking. Their questions exposed assumptions I didn’t know I was making. Their confusion revealed messaging that was clear in my head but meaningless to everyone else.
Your brand isn’t built in isolation, it’s built through dialogue with people who care enough to tell you the truth.
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Druskat & Wolff
3 conditions to group (team) effectiveness:
1. Trust
2. Group identity
3. Group efficacy
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Proverb 6.6-8
Go to the ant, you sluggard; consider its ways and be wise! It has no commander, no overseer or ruler, yet it stores its provisions in summer and gathers its food at harvest.
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George Bernard Shaw
The reasonable man adapts himself to the world: the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.
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Noah Kagan
Great entrepreneurs have great entrepreneurial communities. There is no such thing as self-made. Everyone is team-made
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Cantillon, 1755
An Entrepreneur is someone who exercises business judgement in the face of uncertainty
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Heard at Vlerick Business School
Nothing is more dangerous than an a (business) idea when it is the only one you have
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Business Model Differentiation
A startup’s offering should be difficult for competitors to replicate. A differentiation needs to meet one of these 3 criteria:
- Air – A nessesity. Something people need E.G. The internet
- Asprin – Solving a problem. A pain you remove from people’s lives E.G. Search enginges to find important information
- Addiction – People don’t need it but they’re constantly drawn to it. E.G. Instragram
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Krisztina Horváth
6 Groups of bootstrapping
- Owner financing methods, such as loans from relatives/friends;
- Minimization of accounts receivable, such as use of interest on overdue payments;
- Joint utilization, such as sharing equipment with others;
- Delaying payments, such as delaying payment to suppliers;
- Minimization of capital invested in stocks, such as offering discounts to customers if paying in cash;
- Subsidy finance, such as government subsidies.
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Zig Ziglar
If you believe your product or service can fulfill a true need, it is your moral obligation to sell it.
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Status Quo
Entrepreneurship is destructive for the the status quo
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I love Larry Janesky’s contrarian philosophy on work / life balance in entrepreneurship in this video
