Most entrepreneurs are merely technicians with an entrepreneurial seizure. Most entrepreneurs fail because you are working IN your business rather than ON your business.
Michael GerberRead
The Big Dream of any entrepreneur really has very little to do with the entrepreneur. If you truly love repairing automobiles, chances are, you'll be a lousy business owner. Likewise, if you are fascinated by debits and credits, the dream of building an accounting firm with you at the helm is probably best left unfulfilled.
Interpretation
Entrepreneurs should focus on their true passions rather than the mechanics of running a business.
Michael Gerber's quote suggests that the essence of entrepreneurship is not solely about the personal love for the craft or trade, but rather about understanding the broader business landscape. He warns that possessing a passion for a specific skill, like repairing automobiles or accounting, does not inherently translate into being a successful business owner, indicating that a successful entrepreneur must blend passion with business acumen.
In practice
This quote can inspire budding entrepreneurs to assess their skills beyond their passions.
Most entrepreneurs are merely technicians with an entrepreneurial seizure. Most entrepreneurs fail because you are working IN your business rather than ON your business.
The only choice that leads small business owners to real success in their endeavors is the one that requires real thought. Understanding and building the systems they need within their company to afford them a framework of organization that can scale the business from a company of one to a company of one thousand.
Quit being 'busy' and start actively owning and operating your company, and you'll be able to understand where the money is coming from and how to make more of it.
Most people who go into business for themselves and, therefore, believe they are entrepreneurs, are doomed to struggle because they don't have a true Entrepreneurial Perspective. They have a Technician's Perspective.
The entrepreneur rarely thinks in terms of what he or she wants, but dreams about results - always results and nothing but results - that can solve someone else's problem or contribute to making someone else's life better.
Here's the problem with phones - they are a ready-made diversion from the considerably harder work of growing a business.
Luck has nothing to do with it.
Time well spent results in more money to spend, more money to save, and more time to vacation.
In essence, I owe my career to Garry Marshall. There was no known reason for him to hire me for 'Pretty Woman.'
Enthusiasm is the engine of success.
Sometimes my mistake has been hesitancy about acting on the decisions I've made. When's the best time to invest? It's today, not tomorrow.
I didn't sleep with the European Cup but it was in my room! It was just special and I just had to have the cup with me, lifting the cup as Liverpool captain was just the best moment of my life.
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