Quotes For Entrepreneurs–July 2010

Written by Sean Murphy. Posted in Quotes, skmurphy

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“Americans claim a psychic strength: hard times create a collective response.”
Peter Goodman “The Great Rupture” quoted at length in Fourth of July 2010

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“Remember, the customer will usually forgive any mistake you admit, except a lie.”
Ken Robbins on twitter 5:35 PM May 13th

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The good news is that unemployment has fallen to “only” 9.5 percent. The bad news is that the jobless rate is down only because so many people have given up hope of finding work. Perversely, the jobless who aren’t actively looking for jobs are not counted as “unemployed.”

Perhaps there should be a new category titled “mired in existential despair.”

Let me put it in terms that Washington understands: The party that begins to treat the unemployment crisis with the hair-on-fire urgency that it deserves is the party that will do well in November.

Eugene Robinson in “Fiddling While Economy Burns

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“Can the US re-energize the real mainsprings of American power: technological innovation and entrepreneurship?”
Niall Ferguson in “The Future of America’s Economy

More context:

“Unlike Britain in 1945, which was crushed by debt and slow growth, doomed to imperial decline, I think there is a way out for the United States. I don’t think it’s over. But it all hinges on whether you can re-energize the real mainsprings of American power. And those two things are: innovation, technological innovation, and entrepreneurship. Those are the things that made the United States the greatest economy in the world, and the critical question is: Are we going to get it right? Can we revive those things in such a way that, in the end, we grow our way out of this hole the way the United States grew its way out of the 1970s and, of course, out of the 1930s?”

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“There is no such thing as a self-made man. You will reach your goals only with the help of others.”
George Shinn

With a hat tip to Jordy Mont-Reynaud

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“If you have the same problem for a long time, maybe it’s not a problem. Maybe it is a fact.”
Yitzhak Rabin

Quoted by Clay Shirky in “It’s Not Information Overload, It’s Filter Failure” (Video: http://web2expo.blip.tv/file/1277460/ )

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“Ability is a rare article. But there is something that is much scarcer, something finer far, something rarer than this quality of Ability.  It is the ability to recognize Ability.”
Elbert Hubbard

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“Success, like happiness, cannot be pursued. It must ensue. And it only does so as the unintended side effect of one’s personal dedication to a cause greater than oneself.”
Viktor Frankl

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“It’s amazing how long it takes to complete something you’re not working on.”
R.D. Clyde

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“Community precedes commerce.”
John Hagel in “It Takes a Village to Make a Mall

Highlighted in Kevin Kelly’s “Predicting the Present, The First Five Years of Wired

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“Base your strategy on things that won’t change in the next five to ten years.”
Jeff Bezos

More context from “Jeff Bezos on Strategic Planning

  • What I have found—and this is an empirical observation; I see no reason why it should be the case, but it tends to be—is that when we plant a seed, it tends to take five to seven years before it has a meaningful impact on the economics of the company.
  • It helps to base your strategy on things that won’t change. When I’m talking with people outside the company, there’s a question that comes up very commonly: “What’s going to change in the next five to ten years?” But I very rarely get asked “What’s not going to change in the next five to ten years?” At Amazon we’re always trying to figure that out, because you can really spin up flywheels around those things. All the energy you invest in them today will still be paying you dividends ten years from now.
  • Whereas if you base your strategy first and foremost on more transitory things—who your competitors are, what kind of technologies are available, and so on—those things are going to change so rapidly that you’re going to have to change your strategy very rapidly, too.

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“If you behave like a disease, people develop an immune system”
Kevin Marks in “How Not To Be Viral

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“That thud of the back against the wall is a fantastic motivator.”
Christopher L. Smith

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“Waste anything but time. Time is the one thing we do not have.”
From When Worlds Collide

Hat tip to Rafe Needleman’s post “The Most Valuable Resource” where he noted:

The business lesson of the camp Sci Fi classic, When Worlds Collide, was this sign at the spaceport where the plucky humans were building the ship that was supposed to rescue humanity before the Earth was destroyed: “Waste anything but time. Time is the one thing we do not have.”

The Internet Movie Database credits Edwin Balmer (writer on screenplay), Sydney Boehm (writer on screenplay), and
Philip Wylie (for novel).

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