20 entrepreneurial truths
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These are 20 lessons I learned over the last 20 years running a business I wish I had known when I started.
20 entrepreneurial truths
- 1. 20Entrepreneurial truths Ive learned overthe last 20 years running a businessRussell@RussellWhite.com
- 2. Jump in with both feet you cant take a flying leap with one foot on the ground.Russell@RussellWhite.com
- 3. Dont drink your own KoolAid no matter how tasty you make it.Russell@RussellWhite.com
- 4. Embrace technology old solutions dont solve new problems.Russell@RussellWhite.com
- 5. An airplane works hard to get off the ground but it still needs fuel to stay in the air never stop fueling your business.Russell@RussellWhite.com
- 6. Most colleagues will agree with your idea. Find the one who will challenge you to create something even better. Russell@RussellWhite.com
- 7. Sometimes you have to ask someone outside of the family whether your baby is ugly or not.Russell@RussellWhite.com
- 8. Stale information is like stale bread no one is interested.Always be relevant.Russell@RussellWhite.com
- 9. Distractions become more attractive the longer you are in business. Keep a laser focus.Russell@RussellWhite.com
- 10. You are going to face all-in moments. Take the risk,it wins most of the time. Russell@RussellWhite.com
- 11. You can recover from bad beats if you want it badly enough.Russell@RussellWhite.com
- 12. You cant shoot pool with a scared stickand you cant run a business worried about money.Russell@RussellWhite.com
- 13. Every time your eyes are focused on the competition they arent focused on your business.Russell@RussellWhite.com
- 14. At each new level you reach, you become the rookie again.Russell@RussellWhite.com
- 15. Be decisive. Opportunities are not lost, they are discovered by someone else. Russell@RussellWhite.com
- 16. Courage and determination are more important to success than a college degree. Russell@RussellWhite.com
- 17. Experimenting isnt just for lab ratsRussell@RussellWhite.com
- 18. In tough times, you have to be able to bounce. Russell@RussellWhite.com
- 19. There is no other way to say this
- 20. Expect to face at least one serious Oh Shit a year.Russell@RussellWhite.com
- 21. As long as you love it, its not work. Russell@RussellWhite.com
- 22. Finally, you know you are an entrepreneur when a bad day working for yourself is better than a good day working for someone else.Russell@RussellWhite.com