A Quote by Greg Gianforte
I think a lot of entrepreneurs think they need money to build the business faster when they actually haven't figured out the business equation yet.
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When I was in N.W.A. and didn't get paid all the money I was owed, that's when the business side of showbiz hit me. I thought, "Half of this is workin'. I'm famous, but now I need to be famous with some money." That got my brain started at trying to figure out the business end. And once I figured out the business side, I next came to understand that success really comes down to the product, not to me, my personality, or what club I'm seen going into or coming out of. None of that matters.
A lot of people want to start a business, and they're like, 'I wanna start a business, give me some money to invest.' Where is your business plan? Are you investing money yourself into your own business? How is this going to work? People think that they can just come to you with an idea and have money.
Networking is all about connecting with people. But then again, isn't that what life is about? The more time you can find to get out of the office and build true friendships, the farther your startup will go. Entrepreneurs need to remember to spend as much time working on their business as they do in their business.
I think green buildings are extremely important but it's only part of the equation. A lot of people think that if I put a green building everything is going to be fine, but actually it's not just the green buildings we need, but green businesses, green governments, green economics. We have to extend the greening of buildings to our business and our lifestyles - that is the most important thing to do next.
What of the Wright boys in Dayton? Just around the corner they had a shop and did a bicycle business-and they wanted to fly for the sake of flying. They were Man the Seeker, Man on a Quest. Money was their last thought, their final absent-minded idea. They threw out a lot of old mistaken measurements and figured new ones that stood up when they took off and held the air and steered a course. They proved that "the faster you go the less power you need."
In the desktop world, you could build a successful business where a consumer only came back to you once or maybe twice a year. I don't think you can build that kind of business on mobile. You need higher frequency, or otherwise you fall off the home screen and the user never comes back.
I can find only three kinds of business in the universe: mine, yours and God's. Much of our stress comes from mentally living out of our business. When I think, "You need to get a job, I want you to be happy, you should be on time, you need to take better care of yourself," I am in your business. When I'm worried about earthquakes, floods, war, or when I will die, I am in God's business. If I am mentally in your business or in God's business, the effect is separation.
Managers will work for a salary. Entrepreneurs create new businesses. Many people have capital, but instead of making money for business they build houses for rent. It's easy money to collect rental.
Small business owners and entrepreneurs worthy of the title need to build systems that replace themselves.
I think entrepreneurs are born and not created, and so I think you see a lot of similarities among entrepreneurs in different parts of the world. Their backdrop may be very different, but their drive to create a business and to create jobs remains very much the same, whether it's in Silicon Valley or Kandahar or Kabul.
We are a mission-driven company. In order to do this, we have to build a great team. And in order to do that, you need people to know they can make a bunch of money. So we need a business model to make a lot of money.
I think business leaders all over the world should not just think of how we can make lots of money, which is fine, but to take some of the problems in the world and get out there and tackle them using business. I think that if businesses do that we can get on top of these problems.
I always try and watch how business people think. I like to read a lot about business people. I'm not going to say I've got a great business mind, but I enjoy learning from the world of business.
A lot of companies feel like they have to go down to the Bay Area to get the money that they need to build their business, and we don't believe that's true.
I believe in evolution and I think when it comes to business and the roots of business and the fundamentals of business, I don't think that ever changes. I think the idea of change is an illusion, but in nature it's necessary to change and perhaps business is a part of nature. I'm not totally sure.
Can anyone create an enduring business on the Web, where it's easy to build new companies, and when survival depends on the whims of fickle users? The big lesson of 'Digg' may be simply this: if someone offers you a ridiculous amount of money for a company that wasn't that hard to build, don't think twice. Take the money and run.
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