Gen X entrepreneurs are frequently smart, tough, tenacious, and self-made. That said, to succeed in their companies, they often have sacrificed being emotionally involved in their marriages and with their children.
This is the crisis! Difficulty getting credit, slow growth, high unemployment, low consumer confidence-these are challenges entrepreneurs can overcome with hard work, smart risk and tenacious teamwork. This is precisely what entrepreneurs do!
I think that we can all learn from what smart companies are doing. My objective is to demonstrate what's possible, even during tough economic times. This is a period of great business dislocation, but that means it's also the time to try new things. This will be a challenge for existing companies. But the behaviors of smart companies can be learned.
Gen Y is really quite distinct from Gen X; it's really self-involved and very narcissistic - their cameras are filled with pictures of themselves; Facebook, it's about me. It's a generation that's been pampered by their parents and their schools, given prizes for just taking part.
Being an entrepreneur is sexy... for those who haven't done it. In reality it's gritty, tough work where you will be filled with self doubt. Entrepreneurs are survivors.
Companies that grow for the sake of growth or that expand into areas outside their core business strategy often stumble. On the other hand, companies that build scale for the benefit of their customers and shareholders more often succeed over time.
...to be a poet, requires a mythology of the self. The self described is the poet self, to which the daily self (and others) are often ruthlessly sacrificed. The poet self is the real self, the other one is the carrier; and when the poet self dies, the person dies.
A lot of people like the idea of companies being socially involved in their community, but if you want big companies to get involved in social issues, what makes you think they're going to come down on your side?
Other than playing the game I love, my passion is investing in innovative companies and helping the entrepreneurs behind them succeed.
At 25, I made many companies. I was thinking more like a businessman or entrepreneur than a CEO. I created many companies, small companies, medium companies. I tried to be involved in many kinds of activities, in finance, in real estate, in mining.
America is a nation fundamentally ambivalent about its children, often afraid of its children, and frequently punitive toward its children.
What surprises me in life are not the marriages that fail, but the marriages that succeed.
Of course I am tough, but I am smart, too. I'm more smart than tough. People watching my record and say that this guy is tough. This is not about tough; this is about mind. You think when you fight. This is about everything.
I've always said I got to where I am not by being a great singer, but by being stubborn, by being tenacious, by being pigheaded.
As someone who understands what's needed for entrepreneurs and start-up companies to succeed, I can tell you there is nothing more integral to their success than operating in a stable financial system.
Aspiring entrepreneurs are often advised to work at a startup for a couple of years first, to understand what's involved. But often, each company's approach to success is very narrow. So my advice is, 'Just do it.'
The sad truth is as difficult as the first mile can be for entrepreneurs, it is doubly tough inside most large companies as innovators can face some significant headwinds.