The entrepreneurial journey starts with jumping off a cliff and assembling an airplane on the way down.
Interpretation
Taking risks is essential for success in entrepreneurship, often requiring you to build your path as you go.
This quote by Reid Hoffman emphasizes the unpredictable nature of entrepreneurship. It suggests that starting a new venture is akin to leaping into the unknown, where one must create solutions and strategies mid-flight, highlighting the importance of adaptability and initiative in the face of uncertainty.
In practice
This quote can be used in a motivational speech to inspire budding entrepreneurs.
Leaders, whether in the public or the private sphere, must understand the responsibilities that come with their role. They are the most visible standard-bearers of their organizations. Holding them accountable to this responsibility protects the promise of our organizations and our communities.
The same instincts that make us good students can make us lousy entrepreneurs.
Any effort to make the death penalty speedier and less costly - more 'efficient' - will inevitably make it less just.
I've long believed that if you're not embarrassed by your first product release, you've released too late.
Good ideas need good strategy to realize their potential.
What is an entrepreneur? Someone who jumps off a cliff and builds a plane on the way down.
Sometimes adversity is what you need to face in order to [grow and] become successful. For that reason it makes sense to be grateful for adversities that help you grow, even if it is only in understanding and compassion for other's suffering.
That good is the enemy of great is not just a business problem. It is a human problem.
I am like a Rolls- Royce. I can run without an engine, purely on reputation
I started playing chess when I was five years old. I learned the moves from my mother, then worked with my father - and later trainers. My style became very technical. I sacrificed a lot of things. I was always hunting for the king, for the mate. I'd forget about my other pieces.
If you want your company to succeed, you have to have the confidence in your business to take a bet on its future - to risk destroying a mediocre business model for the chance to have a strong one.
Success is something you attract, by becoming an attractive person.
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