All entrepreneurs have wisdom to gain and impart. That’s why we try to get entrepreneurs talking to one another, whether on stage, online, or over beer. Our entrepreneurs talked a lot in 2013, and we at OEN did our best to furiously document the kernels of wisdom they exchanged.
Here are our 17 favorite quotes from 2013; please share what we missed in the ‘comments’ section below!
I like to think that vision without execution is hallucination.”
I am janitor and CEO. It’s pretty cool.”
You have to feel comfortable periodically having your dreams dashed from your hands and stomped on by cold, hard reality. You have to get back up again.”
No business plan survives the initial encounter with customers.”
We work our butt off for the customer. Really, it’s that simple. I don’t think there’s any special magic.”
I view giving up as not owning the problem. You have to look at everything as, ‘What’s the way forward here?’ ”
Innovate and delight your customer. The recipe for delight is pretty simple. Satisfaction of our customer is the delivery you give them minus the expectation that you set for them.”
Don’t try to prove that what you’re doing is going to work. Figure out the most cost-efficient test to prove that your idea is not going to work, and do that first.”
I’ve learned to take the advice of people who are smarter than me. Because if you think you’re the smartest person in the room, you probably should go to a different room.”
Anyone who’s in business wants to have a good relationship with their banker.”
You have to be able to put the knife in your idea before anyone else does.”
Most entrepreneurs are highly unreasonable. However, since a good entrepreneur is not so much the fabled risk taker as a risk-reducer (within a risky milieu), the trick seems to be to have reasonable people around. And to listen to them from time to time.”
Figure out how you’re going to sell it before you make it.”
You only fail when you don’t learn from your mistakes.”
Business is pretty simple: make sure the amount you have coming in is more than the amount going out.”
Find a niche. Find something that’s going to solve a problem. Then go for it.”
Failure is the most common outcome for businesses, but our brains remember the winners and not the losers. We are built to survive, and hopefully thrive. We have to celebrate the mastodon that we did kill for the tribal feast, not all of the arrows that hit rocks.”
What quotes did we miss? Please share below!