Sunday, January 23, 2011

Kaplan on Successful Entrepreneurship

Believe that you can make a difference.

Action bias..can make things happen.Doing things is more important than being smart.

Burn up the markets with new ideas.

Urgent patience.Story of gardener. 'I thought you were going to plant an apple tree'.'Its going to take a hundred years' The etate owner replied 'So you better get started'.

Unjustifiable optimism- believe you will succeed in the face of all evidence.

The recklessness of Jeff Bezos was the key to his success.

A tolerance for uncertainity. Never enough information, very stressful to live in such an environment.

Genuine concern for other people creating a reserve of goodwill for people around.

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