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The old school method of job progression is dead for two reasons:
Entrepreneurship is like dating – failures are unavoidable and are a part of learning. What matters most is resilience.
If the pursuit of a risky dream imparts useful business skills along the journey, then even in the worst case, the pursuer ends up learning useful skills.
Impact requires venturing into the unknown (whose risk most people avoid) and leadership (which acts as a multiplier of impact).
Two powerful questions for making connections and providing value to people:
Great networking is not about the back-and-forth, it’s about giving with no expectation of anything in return.
There are two basic ways to find great connections
The general perception of marketing is that it’s sleazy and manipulative, the reality is that good marketing is making your potential customers know about you (or your company).
A lot of businesses fail because they are not able to reach out to the right customers.
People don’t talk about the best-writing author; they talk about the best-selling author.
Learning as an adult: Adults need a reason to learn something, they are involved in planning as well as evaluation, more interested in subjects having immediate relevance, more interest in problem-oriented (as oppose to content-oriented), and prefer more self-directed education (as oppose to taught).
Your brand is what people think about when they hear your name.
One should have a website under his/her name to establish the brand.
Robert Scoble started blogging when there were ~200 blogs in the world. Worked in NEC sales dept, eventually hired by Microsoft and that did not go well. Currently, working as the public face of Rackspace. His biggest credential being able to build his professional presence at the right time.
Entrepreneurial mindset people carve out their path as oppose to working on the path carved out by someone else.
Caesar Ritz started as a waiter, but he looked at himself in a waiter role, as a transitional point, to hotel manager one day.
Louis Marx fought hard with his employer (Ferdinand Strauss) to shut down the retail business and focus solely on toy manufacturing. He failed, so, he left and started his own company (Louis Marx and Company) which became the largest toy manufacturer in 1920s.
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