The real source of market promise is not the wealthy few in the developing world, or even the3 emerging middle-income consumers. It is the billions of aspiring poor who are joining the market economy for the first time.
C. K. PrahaladRead
If your aspirations are not greater than your resources, you’re not an entrepreneur.
Interpretation
Entrepreneurs must aim higher than their current resources to succeed.
This quote emphasizes the mindset of entrepreneurs, suggesting that true entrepreneurial spirit requires one to dream and aspire beyond what is readily available or known. It highlights that innovation and success come from striving for greater ambitions and leveraging what one has to create new opportunities.
In practice
This quote can be shared during a business seminar to inspire aspiring entrepreneurs.
The real source of market promise is not the wealthy few in the developing world, or even the3 emerging middle-income consumers. It is the billions of aspiring poor who are joining the market economy for the first time.
If we stop thinking of the poor as victims or as a burden and start recognizing them as resilient and creative entrepreneurs and value conscious consumers, a whole new world of opportunity will open up.
Strategy is about stretching limited resources to fit ambitious aspirations.
One of the major keys to success is to keep moving forward on the journey, making the best of the detours and interruptions, turning adversity into advantage.
I dumb down for my audience and double my dollars...
Would you like me to give you a formula for success? It's quite simple, really. Double your rate of failure.
Success is never so interesting as struggle
I love what I do for a living, it's the greatest job in the world, but you have to survive an awful lot of attention that you don't truly deserve and you have to live up to your professional responsibilities and I'm always trying to balance that with what is really important.
Whenever anything is being accomplished, it is being done, I have learned, by a monomaniac with a mission.
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