A crash is when your competitor's program dies. When your program dies, it is an 'idiosyncrasy'.
Guy KawasakiRead
It doesn't matter whether the Dow is 5000 or 50,000. If you're an entrepreneur, there is no bad time to start a company.
Interpretation
Entrepreneurs should seize opportunities regardless of market conditions.
This quote emphasizes that the entrepreneurial spirit is not dictated by external factors such as stock market performance. Instead, it suggests that the true essence of being an entrepreneur is the willingness to take risks and start new ventures at any time, demonstrating resilience and adaptability in the face of changing economic landscapes.
In practice
In a motivational speech to aspiring business owners, you might say, 'Remember, it doesn't matter if the market is crashing; as Guy Kawasaki said, there is no bad time to start a company.'
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.
Don't lose heart if it's very difficult at times, everything will come out all right and nobody can in the beginning do as he wishes.
Champions are not the ones who always win races - champions are the ones who get out there and try. And try harder the next time. And even harder the next time. 'Champion' is a state of mind. They are devoted. They compete to best themselves as much if not more than they compete to best others. Champions are not just athletes.
Yesterday is not ours to recover, but tomorrow is ours to win or lose.
Where the marathon starts is after 30 kilometers. That's where you feel pain everywhere in your body. The muscles are really aching, and only the most prepared and well-organized athlete is going to do well after that.
I set my sights on making an Olympic team, not realizing how tough it was going to be.
Life is going to give you just what you put in it. Put your whole heart in everything you do, and pray, then you can wait.
Subscribe for the occasional hand-picked quote. No noise.