I took this quote from Seth Godins latest micro book Tribes:
“Do you beleive in what you do? Every day? It turns out that belief happens to be a brilliant strategy”
This resonates with me because it will motivate us to find solutions that ‘non believers’ will be too inept, apathetic or bored to uncover.
Entrepreneurs ought launch something they beleive in conceptually, not just financially.
“It has to start somewhere, it has to start sometime. What better place than here? What better time than now?”
Circa 1992 on MTV across 4 big, no 4 massive TV screens U2 lead singer Bono was asked what ‘Zoo TV’ was all about. His reply:
“It’s about the chaos of choice.” Poignant.
Start ups ought listen to Bono – and avoid the chaos.
“Being busy is a form of laziness – lazy thinking and indiscriminate action.”
Timothy Ferriss
Startup blog agrees, and adds – if we blame our employers for the above, there’s no locks on the door…. and we’re still being lazy.
Albert Einstein said compound interest is the greatest discovery of all time. There is no question about it’s power. Don’t believe me? $10K invested in the all ordinaries index in Australia in 1970, would today be worth $808K
The tough thing that entrepreneurs face is life without a wage. Money makes life better. A wage can buy nice things. Shirts, shoes, dinners at fancy restaurants, weekend trips away and mortgages in gentrified suburbs. Yes, these are nice. The interesting thing about ‘compounding, is that it is not limited to financial instruments. It also applies to effort.
COMPOUND EFFORT
Definition: The ability to generate significant & tangible returns through long term continuous effort via the use of human capital.
It applies to all things. Start ups, even exercise regimes. If you stay the course, the rewards are there.
(If you’ve read this post before – you’ve consumed over 50,000 words on this blog! Thought it was worth a re-post)
The late and great John Lennon said:
“Life is what happens when you’re busy making other plans”
Hmm…. Maybe we ought, invent, create, live or just ‘start’ now.
