Entrepreneurship – then and now!

January 4, 2009 at 6:59 pm 9 comments

Some days are Kawasaki days I guess.🙂 I just couldn’t resist posting this video. Guy Kawasaki has some great advice for young entrepreneurs – and even slightly older ones.  He talks about entrepreneurs in the 90s and now – how businesses and strategies are very different from the way they used to be.

One thing that he says that is absolutely on target is his contention that if you are developing a product or service, make sure it isn’t just 10%-15% better than whatever exists. That’s boring. Make sure it is at least 10 times better or different from what already exists, otherwise it isn’t worth doing at all.

If you have the passion and love for what you’re doing, the money will come, he says. If you develop  something really great, something that draws people to evangelise your product (of course he was talking about the Mac), there is nothing quite like it.

He ends by saying that it is better to fail in the pursuit of something really grand than to succeed at something marginal. What do you say?

Entry filed under: Posts. Tags: .

Women are genetically superior to men in determining business models Am I a failure?

9 Comments Add your own

  • 1. Entrepreneurship - then and now! | Tea Break  |  January 5, 2009 at 12:24 am

    […] This cup of tea was served by: In the Line of Wire […]

    Reply
  • 2. jazz316  |  January 5, 2009 at 9:01 am

    Twitter is the 1997 entrepreneur business model. Grabbing eyeballs first, worrying about making money later.

    Reply
  • 3. Vic  |  January 5, 2009 at 1:35 pm

    Edmund Burke said it well (the 1780 model): “There’s a boundary to passions when we act from feelings; but none when we are under the influence of imagination.”

    The geek term for it is ‘imagineering’. I find students react almost viscerally to the word.

    Reply
  • 4. DesiBackToDesh  |  January 5, 2009 at 4:55 pm

    Having failed atleast a handful of times, here is what I have to say. It was difficult, painful, expensive and awkward, but I would do it all over again.

    But I am not exactly sure why? Certainly not for the money, that much is clear.

    Reply
  • […] systems entirely at once. All of these systems needed to be managed, kept, and looked after Entrepreneurship – then and now! – jehanara.wordpress.com 01/04/2009 Some days are Kawasaki days I guess. I just couldn’t resist […]

    Reply
  • 6. Jehan  |  January 6, 2009 at 7:38 am

    @Vic yes imagination can certainly be a strong driving force. Thanks for sharing the quote.

    @Jawwad you would do it all over again because you cannot deny the inner voice

    Reply
  • 7. Babar Bhatti  |  January 8, 2009 at 9:18 am

    Great thing about GK is that he’s so down-to-earth but conveys his point brilliantly. Guy’s latest book – Reality Check – is awesome. One of the best there is for entrepreneurs.

    Reply
  • 8. Mubashar  |  January 17, 2009 at 8:58 pm

    Insightful

    Reply
  • 9. Mubashar  |  January 20, 2009 at 5:56 am

    Have watched a few of his videos…. he rocks!

    Reply

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Past Posts

Twitter Updates


%d bloggers like this: