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Kindle Notes & Highlights
Smart entrepreneurs not only focus on creating their business but also plan how to get out of it the best way possible.
Formal education will make you a living; self-education will make you a fortune.
An entrepreneur who stops learning stops earning.
“I love humanity. It’s people I can’t stand.” —Linus van Pelt, in Peanuts
It’s not easy to find and to develop solid relationships with smart people, especially as you grow older, but it’s worth the effort.
While clients would compliment our wonderful facilities and impressive skyline views of Buckhead, they were still most concerned with the quality of our products and services. Ultimately, that was most important to them.
Acquiring office space should always be justified by how it will improve your business and raise your profits. Office space is a luxury, not a necessity. I suggest that you adequately weigh the pros and cons.
the most successful CEOs are the most humble. They know that they don’t have all the answers; they know that they need help.
Conflict often comes from failed expectations.
Choose a mate who understands that your drive to succeed at times trumps satisfying their sex drive—among other things.
When choosing a mate, make sure that person is an asset, not a liability.
you are raising money in an unconventional way, you may have to quantify your input in an unconventional way. For instance, log the hours you’ve worked on your business and price your labor based on current market conditions. Or add up all the expenses you’ve had to pay to get the business to where it is. Do whatever it takes to validate your dedication to the business.
Companies don’t get rich hurting their customers. —John Stossel, consumer reporter
NetWeaving, as described by the book that teaches the technique, is “all about giving and helping others while having the confidence to know that eventually you, the NetWeaver, will benefit in return.”
You must not take business “personal” because it pushes you off track and leads to terrible business decisions. Instead, transform rejection or a negative occurrence in your business to positive energy that helps you persevere. That’s the mark of a veteran entrepreneur.
But would you leave a high-paying job? Would you drop out of college even if you had a full scholarship? Would you give up your health? Would you sacrifice your marriage and a relationship with your son? Extreme entrepreneurs say yes to difficult questions like these, and that’s what makes entrepreneurs a rare breed.
People often say that motivation doesn’t last. Well, neither does bathing—that’s why we recommend it daily.