- Your job is problem-solving.
- You have to be really smart, really determined, or really lucky to be successful (or all three).
- You can't count on luck.
- Best practices are only best practiced when you can’t think of something better.
- Ultra-low interest rates (like those we've seen for the last 15 years or so) make it easier to start, run, and secure financing for a business. We are not in those times anymore. Interest rates will likely not return to ultra-low in the coming years.
- Persistence is the key. Ingenuity is the other one.
- Knowing business jargon doesn't provide any material skill.
- When you're successful, people call you. Until then, you have to do the calling (and selling).
- There are two categories of decisions: decisions based on what you are required to do by law; Other decisions.
- Planning and strategy are not one and the same.
- Personal motivations are fine unless they conflict with the company’s goals. (E.g., if you are starting a non-profit for the good of some underserved faction, but your goal is to get rich.)
- Personalities matter more/are felt more in smaller companies (and startups are usually small). Get good at working around difficult personalities for the good of the company.
- Being goal-driven is essential. Keep your head down until you've reached yours and ignore the noise.
- Not everyone will believe in your company. Find those that do.
- There is always a way. It might be harder than you expect.
- Take note of the excuses people use for being inefficient and lazy (internal and external to your business). Don't ever use those excuses. Business: Busy-ness. If you find yourself making excuses, you're burned out or no longer care enough. Choose which and act appropriately.
- Your job is problem-solving.
Director of Strategic Partnerships @ Cupertino Electric, Inc.
8 个月I had Edison's Quote painted on the wall at our factory for years: "Genius is 1% inspiration and 99% perspiration". I am 1000% with you, Maxie Reynolds on #6 that persistence is the key. I often say "persistence outlasts all other virtues". One of two things happens when you never give up: #1 you achieve your goal or #2 you actually find the limit of something (in yourself, in the technology, etc.), which is an incredible actionable insight.
Building, Deploying and Maintaining Sustainable Subsea Data Centers. Keynote speaker. Reader.
8 个月Thanks for the repost Eckhard Bruckschen ??
Managing Partner at SCP
8 个月Love #8… Getting to that tipping after years of work.
Read. Learn. Ask…. Trying to gather as much information from people who have already done it builds the knowledge foundation you’ll need to pool from as you develop. You’re great at posting your suggested reading and building that place to make your own experience from what you e learned in the world. That’s what I’ve learned from you!!!!! (By reading what you write, by the way lol) ??
Cyber security specialist and python developer
8 个月Love point 4: Best practices are only best practiced when you can’t think of something better. ??