Quotes About Entrepreneurship

The great management guru Charles Handy says that, as far as money goes, you have to look after yourself. He reckons you may need to do something else as well as your "passion project" to earn money, particularly in the early stages of a new business

A business plan is a campaign, a strategy, an outline of what you want to do and how you plan to do it. And you need to write one whether or not you are looking for finance.

Your business plan should tell a compelling story. It should present a problem that you are going to fix.

Making stuff is easy. Selling it is not.

If you're not very careful, your creative business, the very thing which you hoped would lead to liberty and riches, will instead trap you in a hell of hard-working poverty.

Innovation is now recognized as the single most important ingredient in any modern economy.

These startups try to exploit inefficiencies in novel ways.

One reason so much money is flowing into the service frontier is that there are so many more ways to be a service than to be a product. The number of different ways to recast transportation as a service is almost unlimited. Uber is merely one variation. There are dozens more already established, and many more possible. The general approach for entrepreneurs is to unbundle the benefits of transportation (or any X) into separate constituent goods and then recombine them in new ways.

So, the truth: Right now, today, in 2016 is the best time to start up. There has never been a better day in the whole history of the world to invent something. There has never been a better time with more opportunities, more openings, lower barriers, higher benefit/risk ratios, better returns, greater upside than now.

Tim believes that entrepreneurship isn't based on an idea or a plan, or even a model - it is based on having a strong competency in something. The way to overcome fear, he claims, is by testing your competency.

In fact, the business plans of the next 10,000 startups are easy to forecast: Take X and add AI. Find something that can be made better by adding online smartness to it. An

Steve Wozniak and Steve Jobs founded Apple Inc, which set the computing world on its ear with the Macintosh in 1984.

Raising a mere $15,800 in cash, the Big Four, as history would know them, formed an enterprise that over the next decades would earn them $200 million in profits.

I really see myself continuing to design clothes, fragrances.

The app economy provides an example of a new job ecosystem. It only began in 2008 when Steve Jobs, the founder of Apple, let outside developers create applications for the iPhone. By mid-2015, the global app economy was expected to generate over $100 billion in revenues, surpassing the film industry, which has been in existence for over a century.

Businesses, industries and corporations will face continuous Darwinian pressures and as such, the philosophy of "always in beta" (always evolving) will become more prevalent. This suggests that the global number of entrepreneurs and intrapreneurs (enterprising company managers) will increase. Small and medium-sized enterprises will have the advantages of speed and the agility needed to deal with disruption and innovation.

The entrepreneurs of new firms as much as the management of the old (whether modernizing or not) are forced to do whatever is necessary to attract the players in the casino and then worry as much – or more – about the perfor- mance of their stock valuations as about their actual profits. Financial capital reigns arrogant and production capital has no alternative but to adapt to the new rules; some agents with glee, others with horror.

IDEAS ARE THE CURRENCY OF the twenty-first century. Some

Jobs and Wozniak shared a common vision - to build a computer everyone could afford and use.

I'd like to do a lot of things - whether in design or architecture or business.

In a capitalist society, persons who create capital, like Michael Eisner, are given the staggering rewards.

In the schools of business administration Negroes are trained exclusively in the psychology and economics of Wall Street and are, therefore, made to despise the opportunities to run ice wagons, push banana carts, and sell peanuts among their own people. Foreigners, who have not studied economics but have studied Negroes, take up this business and grow rich.

Entrepreneurial creation is the generation, de novo, of novelty and surprise—freedom of choice originating in the world of ideas, and imagination beyond all concern with chemicals. The contrary view—that all ideas are determined by material relationships—is the materialist superstition.

What makes capitalism succeed is not chiefly its structure of incentives but its use of knowledge and experience.