Entrepreneurship – then and now!
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?
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