Your team

Entrepreneruship - Your Team

Your business is only going to be as good as the people who run it. All successful entrepreneurs know that putting together the right team of professionals is one of the most critical steps for any businesses success, while newbie entrepreneurs often try to do it largely alone. Learn to surround yourself with superstars, and you are sure to succeed in any endeavor.


Advice from the Masters – Your Team

A one-man band will never sound as good as an orchestra. It’s highly beneficial to have an advisory board of experts in different fields meaningful to your business.

Donatas Donikar – Author – Start-up Evolution Curve

Are your most talented people working on the biggest opportunities instead of the biggest problems? 

Cliff Lerner – Tech Entrepreneur / Author – Explosive Growth

My approach was to hire, train, test, and then fire or promote quickly, so that we could rapidly identify the excellent hires and get rid of the ordinary ones, repeating the process again and again until the percentage of those who were truly great was high enough to meet our needs

Ray Dalio – Author, Billionaire Investor – Principles: Life and Work

The value of exceptional people: Someone who is exceptional in their role is not just a little better than someone who is pretty good…they are 100 times better.

Mark Zuckerberg – Founder, Facebook

If you could get all the people in an organization rowing in the same direction, you could dominate any industry, in any market, against any competition, at any time.

Patrick Lencioni – Author – The 4 Dysfunctions of a Team: A Leadership Fable

A person can have the greatest idea in the world—completely different and novel—but if that person can’t convince enough other people, it doesn’t matter.

Carmine Gallo – Author – The Presentation Secrets of Steve Jobs

If you give a good idea to a mediocre team, they will screw it up. If you give a mediocre idea to a brilliant team, they will either fix it or throw it away and come up with something better.

Ed Catmull – Author – Creativity, Inc

Recommended Books – Teams



Other concepts on Entrepreneurship

Entrepreneurship - Create Value

Create Value

All business and professions are about one thing – creating value for someone else. When you are able to create value for someone, you can expect to be paid for it. The more value you can create, the more you will earn. Focus on creating value and you will have a valuable enterprise.

Digital Marketing - 1000 true fans

1000 True Fans

‘1000 true fans’ is a concept that explains why it is not essential to be famous and have a huge following to earn a successful living working on your passion. In fact, all you need are a much smaller set of passionate fans (1000 for example), who become your marketing evangelists and core customers.

Digital Marketing - Niche

Niche

A niche denotes products, services or interests that have a high appeal to a select smaller group of people, as compared to the general populace. By laser focusing your services and communication to the needs of this smaller group, you can gain much higher relevance than trying to target everybody.

Commitment & Perseverance

Perseverance is the continued effort to do or achieve something despite difficulties, failure, or opposition. You are sure to come up against obstacles, challenges, doubts and failures as you progress towards your goals. People who succeed persevere with their efforts no matter how hard the challenges, while others give up on their dreams once the going gets too tough.