A Quote by Jay Samit
Most startup failures result from entrepreneurs who are better at making excuses than products.
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Ninety-nine percent of the failures come from people who have the habit of making excuses.
Every good startup is a cult. And it's really hard to create a cult if you are sharing space with people. Because a cult means you think you are better than every other startup, you have a special way of doing things that's better than anyone else in the world.
How do entrepreneurs survive their early failures? They don't view their failures as failures - they view these experiences as feedback, and a prelude to future success.
Even as the government dominates the headlines, private entrepreneurs are busy every day working to improve products and services that improve our lives. They do it without taxing us or regulating us, or making us suffer through tedious elections or political debates. They make their products and offer them to us in a way that pleases the consuming public the most. We can choose whether we want them or not.
American products are better than the Chinese. We do a better job. We make better products. But because the currency is so low versus the dollar versus other things, and so much lower than it should be, it's very hard to compete for our companies.
In England, all the English car companies were beginning to circle the drain in a series of well-deserved failures and bankruptcies, earned by making lousy products with very poor production at high prices. So, the government, back in the '70s, nationalized all the British car companies. The result was British Leyland, a name that perhaps doesn't resonate much with you.
Despite what some investors say, older age is an advantage in the startup world. You know more about industries and markets, and have ideas for products that the world actually needs and a better ability to motivate and manage than a kid out of school does.
The Startup Act should give all Americans, not just immigrants, a better shot at being tomorrow's engineers and entrepreneurs. And that opportunity could begin at a young age with education in computer programming.
Most companies are busy making their products worse, not better. Updating is almost always a disaster.
Do you find yourself making excuses when you do not perform? Shed the excuses and face reality. Excuses are the loser's way out. They will mar your credibility and stunt your personal growth.
Startup culture fosters laughter, debate, and a passionate, non-politically-correct focus on getting things done. And this startup of culture is something entrepreneurs struggle to maintain as the business grows. To ensure this environment continues, create a strong foundation and ensure everyone is on board.
When I started making enough money to afford high-end, fancy skincare products with sexy bottles and impressive claims, I decided to give them a try. As a result my skin acted up and got irritated. I think sometimes women may be overcleansing their skin. Some products and masks can be too aggressive and irritating for certain skin types. I believe the more simple, natural, and easy the skin care regime, the better off your skin will be.
Making the logo twice the size is often a good thing to do, because most advertisements are deficient in brand identification. Showing the clients' faces is also a better stratagem than it may sound, because the public is more interested in personalities than in corporations. Some clients can be projected as human symbols of their own products.
Most entrepreneurs think capital is the biggest problem they have - but it's not. You can have all the capital you want, but if the market fit and ability to adjust are not present, your startup will likely not succeed.
One thing people underestimate is how markets don't allow anyone to do anything except make better and better products. There's not much leeway. The world is a lot more competitive than most people think, particularly in a high-technology area. If a company takes its eye off improving its products, if it tries to do anything that would be viewed as an exercise of power, it'll be displaced very rapidly.
The greatest successes grow out of great failures. In numerous instances the result is better that comes after a series of abortive experiences than it would have been if it had come at once; for all these successive failures induce a skill which is so much additional power working into the final achievement.... The hand that evokes such perfect music from the instrument has often failed in its touch, and bungled among the keys.... Every disappointed effort fences in and indicates the only possible path of success, and makes it easier to find.
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