A crash is when your competitor's program dies. When your program dies, it is an 'idiosyncrasy'.
Guy KawasakiRead
You say: "I'm a blue sky thinker." Investor thinks: "You have no business model, and you don't know how to ship."
Interpretation
Creative ideas need practical plans to be successful.
This quote by Guy Kawasaki highlights the contrast between having visionary ideas and the necessity of grounding those ideas in practical business models. It suggests that while being a 'blue sky thinker'—someone who thinks creatively and innovatively—is important, it must be paired with a solid understanding of business operations and execution to turn ideas into reality.
In practice
During a business meeting, when discussing innovative ideas, you can say this quote to emphasize the need for practical plans.
A crash is when your competitor's program dies. When your program dies, it is an 'idiosyncrasy'.
Here's what you should say [to an investor]: 'this is what my company does' It's that simple. What you're trying to do is get potential investors to fantasize about how your product or service will make a boatload of money. They can't fantasize if they don't know what you do.
Knowledge is great. Competence is great. But the combination of both encourages people to trust you and increases your powers of enchantment. And in this world, the combination is a breath of fresh air.
At the end of my life, is it better to say that I empowered people to make great stuff, or that I died with a net worth of $10 billion? Obviously I'm picking the former, although I would not mind both.
Enchantment is the purest form of sales. Enchantment is all about changing people's hearts, minds and actions because you provide them a vision or a way to do things better. The difference between enchantment and simple sales is that with enchantment you have the other person's best interests at heart, too.
• People deserve a break. The stressed and unorganized person who doesn’t have the same priorities as you may be dealing with an autistic child, abusive spouse, fading parents, or cancer. Don’t judge people until you’ve walked a mile in their shoes. Give them a break instead.
Customers should be number 1, Employees number 2, and then only your Shareholders come at number 3.
Kickstarter isn't a profit center, it's an organizer and an instigator.
If one engineer at a startup tries Slack and says, 'I hate it. I am not going to use this,' that's it for us. We won't get evaluated.
One of my business partners would remind me that no fashion line lasts forever, that we would hit the down curve eventually, and that we needed to look for new brands that complement the first one.
We are not influenced by the techniques or fashions of any other company.
If you develop a product that gets what the customer is trying to get done, you don't have to advertise; people will just pull it into their lives.
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