Gabor’s Positive Thoughts

Your daily dose of inspiring quotes for entrepreneurs, mixed with the occasional photo from my iPhone. 

Some words from Machiavelli

"There is nothing more difficult to carry out, nor more doubtful of success, nor more dangerous to handle, than to initiate a new order of things.
 
For the reformer has enemies in all who profit by the old order, and only lukewarm defenders in all who profit by the new order.
 
This lukewarmness arises partly from fear of their adversaries, who have law in their favor, and partly from the incredulity of mankind, who do not believe in anything new until they have had an actual experience of it.”
 
-- Niccolò di Bernardo dei Machiavelli

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Patience and perseverance

Patience and perseverance have a magical effect before which difficulties disappear and obstacles vanish. A little knowledge that acts is worth infinitely more than much knowledge that is idle.

-- John Quincy Adams

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A big shot is a little shot that kept shooting.

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What would you do if you knew you couldn't fail?

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The person who doesn't make mistakes is unlikely to make anything

Benjamin Franklin said "I haven't failed, I've had 10000 ideas that didn't work"

Thomas Edison said "Of the 200 light bulbs that didn't work, every failure told me something that I was able to incorporate into the next attempt."

- From It's not how good you are, it's how good you want to be by Paul Arden

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Never give in

"Never give in. Be willing to change tactics, but never give up your core purpose. Be willing to kill failed business ideas, even to shutter big operations you've been in for a long time, but never give up on the idea of building a great company. Be willing to evolve into an entirely different portfolio of activities, even to the point of zero overlap with what you do today, but never give up on the principles that define your culture. Be willing to embrace the inevitability of creative destruction, but never give up on the discipline to create your own future. Be willing to embrace loss, to endure pain, to temporarily lose freedoms, but never give up faith in the ability to prevail. Be willing to form alliances with former adversaries, to accept necessary compromise, but never - ever - give up on your core values.

The path out of darkness begins with those exasperatingly persistent individuals who are constitutionally incapable of capitulation. It's one thing to suffer a staggering defeat - as will likely happen to every enduring business and social enterprise at some point in history - and entirely another to give up on the values and aspirations that make the protracted struggle worthwhile. Failure is not so much a physical state as a state of mind; success is falling down, and getting up one more time, without end."

-- Jim Collins, How the Mighty Fail

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It's not how good you are, it's how good you want to be

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The greatest discovery

"The greatest discovery of our generation is that human beings can alter their lives by altering their attitudes of mind.  As you think, so shall you be."

-- William James

(submitted by a reader - woohoo!)

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Nothing has to be Perfect

Nothing has to be perfect. What you may see as faulty might look perfect to your customers. It doesn’t matter what you want, it matters what your customers want.

This is why you don’t want to make any big decisions because if something goes wrong you’ll end up wasting a lot of time. Break that big decision into a few small decisions. Then survey your customers or potential customers to get their opinion; this should help you determine what route to take.

Even after you talk to your customers you are still going to make mistakes. Just make sure you are agile enough to adapt quickly. It is all about testing small things instead of taking months to roll out changes in your business.

http://www.quicksprout.com/2009/05/25/how-to-be-a-better-entrepreneur-in-the-next-30-minutes/

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The New New Economy

To all the usual reasons why small companies have an advantage, from nimbleness to risk-taking, add these new ones: The rise of cloud computing means that young firms no longer have to buy their own IT equipment, which helps them avoid having to raise money or take on debt. Likewise, the webification of the supply chain in many industries, from electronics to apparel, means that even the tiniest companies can now order globally, just like the giants. In the same way a musician with just a laptop and some gumption can accomplish most of what a record label does, an ambitious engineer can invent and produce a gadget with little more than that same laptop.

-- Wired Magazine, The New New Economy

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