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  • Three options for starting a business:

    1) Solve a problem better than others (execution risk)

    2) Solve a problem no one knew existed (product-market risk)

    3) Solve a problem everyone knows about but is hard to solve (technical risk)

    Surest money in 1.
    Biggest money in 2 & 3.
    Three options for starting a business: 1) Solve a problem better than others (execution risk) 2) Solve a problem no one knew existed (product-market risk) 3) Solve a problem everyone knows about but is hard to solve (technical risk) Surest money in 1. Biggest money in 2 & 3.
    ·211 Views ·0 Reviews
  • You can tell what stage of business entrepreneurs are at by what they talk about.

    Beginners want to talk about product.
    Intermediates want to talk about processes.
    Masters want to talk about people.

    All important. Just different stages.
    You can tell what stage of business entrepreneurs are at by what they talk about. Beginners want to talk about product. Intermediates want to talk about processes. Masters want to talk about people. All important. Just different stages.
    ·185 Views ·0 Reviews
  • Average entrepreneurs chase big sales.
    Good entrepreneurs chase big customers.
    Great entrepreneurs chase big problems.
    Average entrepreneurs chase big sales. Good entrepreneurs chase big customers. Great entrepreneurs chase big problems.
    ·70 Views ·0 Reviews
  • You can only watch training, listen to podcasts, and read books for so long.

    At some point, you need to step in the ring and get punched in the face.

    And once you do, you’ll learn the most important lesson: it’ll hurt, you’ll get better - and most importantly - you’ll survive.
    You can only watch training, listen to podcasts, and read books for so long. At some point, you need to step in the ring and get punched in the face. And once you do, you’ll learn the most important lesson: it’ll hurt, you’ll get better - and most importantly - you’ll survive.
    ·178 Views ·0 Reviews
  • If you need perfect conditions to start, it means your success is conditional. If you want unconditional success, then be willing to start in under any circumstance.
    If you need perfect conditions to start, it means your success is conditional. If you want unconditional success, then be willing to start in under any circumstance.
    ·160 Views ·0 Reviews
  • People overestimate the value of intelligence and underestimate the value of being able to endure getting kicked in the nuts for a few years straight while keeping a smile on your face.
    People overestimate the value of intelligence and underestimate the value of being able to endure getting kicked in the nuts for a few years straight while keeping a smile on your face.
    ·111 Views ·0 Reviews
  • A man with twice the courage and half the advantages will always beat a man with twice the advantages and half the courage.
    A man with twice the courage and half the advantages will always beat a man with twice the advantages and half the courage.
    ·72 Views ·0 Reviews
  • Some of the biggest opportunities in your life will be unlocked by doing work your competitors think is beneath them.
    Some of the biggest opportunities in your life will be unlocked by doing work your competitors think is beneath them.
    ·141 Views ·0 Reviews
  • When you change your goal from “achievement” to “who you become while pursuing achievement,” you switch from winning every ten years to winning everyday.
    When you change your goal from “achievement” to “who you become while pursuing achievement,” you switch from winning every ten years to winning everyday.
    ·79 Views ·0 Reviews
  • You become financially free the moment you stop worrying about money.

    And the crazy part is - in the developed world - food and shelter are nearly guaranteed.

    Which means you become financially free the moment you decide you are.
    You become financially free the moment you stop worrying about money. And the crazy part is - in the developed world - food and shelter are nearly guaranteed. Which means you become financially free the moment you decide you are.
    ·170 Views ·0 Reviews
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