A Quote by Michael Bloomberg
Entrepreneurship is having an idea to do something great and not entirely have a plan on how to do it but the drive and will power to make it work
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It's the disease of thinking that a having a great idea is really 90% of the work. And if you just tell people, 'here's this great idea,' then of course they can go off and make it happen. The problem with that is that there's a tremendous amount of craftsmanship between a having a great idea and having a great product.
Having ideas and doing them - that's what entrepreneurship comes down to. That's something that makes you not just a great founder who I want to invest in, but also a great employee or someone I want to work with.
There is a common and persistent belief out there that entrepreneurship is about creativity - that it's about having a great idea. But it's not, really. Entrepreneurship isn't about creativity. It's about organization-building - which, in turn, is about people.
Sometimes it is not wise to make a second plan; it diminishes the power of the first plan! In risky paths, make only one plan; this will increase the possibility of success! On the edge of a precipice, if your second plan is a parachute on your back, your possibility of falling will increase! When you have nothing to trust, you will be safer, because you have no right to make any mistake!
All I have to do to continue to make things work is make great records, and that's more important than having a crazy master plan.
Our educational system is not preparing people for the 21st Century. Failure is an essential part of entrepreneurship. If you work hard, you can get an 'A' pretty much guaranteed, but in entrepreneurship, that's not how it works.
The initiative of the Five Year Plan and of the accelerated collectivization belongs entirely to the Left Opposition, in uninterrupted and sharp struggles with the Stalinists. Not having the possibility of occupying myself here with long historical researches, I will limit myself to a single illustration. The Dnieprostroy is considered with right as the highest achievement of Soviet industrialization. Yet [Joseph] Stalin and his followers ([Clim] Voroshilov and others) a few months before the beginning of the work were decided opponents of the Dnieprostroy plan.
Now, ideas are the raw material of progress. Everything first takes shape in the form of an idea. But an idea itself is worth nothing. An idea, like a machine, must have power applied to it before it can accomplish anything. The men who have won fame and fortune through having an idea are those who devoted every ounce of their strength and every dollar they could muster to putting it into operation. Ford had a big idea, but he had to sweat and suffer and sacrifice to make it work.
Always have a plan and believe in it. I tell my coaches not to compromise. Nothing good happens by accident. There must be a plan for everything and the plan will prevent you from overlooking little things. By having that plan, you'll be secure and self-doubts will never become a factor.
Hunting power is a very strange affair. There is no way to plan it ahead of time. That's what's exciting about it. A warrior proceeds as if he had a plan though, because he trusts his personal power. He knows for a fact that it will make him act in th emost appropriate fashion.
I love to work. It's the idea of having someone else tell you how to make your film or how to sell it - that's the part I can't really deal with. I would rather do 1,000 things that are work than deal with one thing that's a political problem.
The world must become aware of the fantastic transformational power of social entrepreneurship and the Foundation will work as a catalyst in this effort.
I had a big fight about how to make something come into the real, to make it physical. It sounds really antique, but it's a question of, how do I make this idea happen? You can't just will it into existence. You have to educate, you have to persuade, you have to seduce, you have to do all this stuff to make something three-dimensional and happen. It's not just a concept. It's actually a reality.
I'm very appreciative of, and I also, having traveled the world, know that the United States is one of the few places where there really are no limitations. As long as you've got drive and hard work and a good idea and you can get out there and do your thing, there's no social classes, so in a lot of countries there's a big history of regardless of how much money you may make, there's still that little thing where you're not in society. That doesn't exist here.
A social entrepreneur is somebody who knows how to make an idea reality, and one of the great ideas of our time is pluralism. Can people from different backgrounds live together in mutual peace and loyalty? And what we need is a generation of young social entrepreneurs who know how to make that great idea reality in an historical moment where religious extremists are, frankly, making their idea reality.
It's very much like filmmaking always is-you're always asked to do something that you're not sure you know how to do. So you make an educated guess as to what you think will work and you hope between that and plan B, that you can end up with a product that's really good.
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