One Red Question: What's the most important business lesson you've learned?
on April 29, 2008 - Comments (View)Mom said, "don't chew with your mouth open". Dad said, "measure twice, cut once". Doyle Brunson said, "if you can't spot the sucker at the poker table, you ARE the sucker". What salty piece of business wisdom do you rely on?
There’s no golden rule in business. No quadratic formula for success. But there are principles, yardsticks, and wisdom that can guide you.
What recent lesson or age-old wisdom is your Sherpa?
Comments
apr 29 2008 14:01
10 Reputation Points
This will sound strange, but the most important lesson I’ve learned is that I don’t know anything.
I’ve been in advertising and marketing most of my career. I’ve noticed that the gap between what I truly know and what I ‘think’ I know is a dangerous one. It’s an ‘ego’ chasm and I’ve fallen in it many times.
So I’ve learned not to use my experience to predict what will happen, but rather to create better tools for learning what’s really going to be successful.
Edit (for another )apr 30 2008 22:10
7 Reputation Points
1. You don’t need 51% of equity to control the company.
2. Start with the exit.
Edit (for another )may 01 2008 01:53
5 Reputation Points
1 – Everything is about our customer
2 – ‘Creativity comes from uncomfortable stuff that doesn’t fit well together and bounces off each other in strange fashions and occasionally causes sparks that makes the unthinkable happen. Period.’ (Tom P. just has a way of articulating things better than me! )
Edit (for another )may 03 2008 18:30
10 Reputation Points
Money makes people do stupid things – try to be smarter than that.
Edit (for another )may 15 2008 20:38
5 Reputation Points
“determine a goal, find the highest-leverage approach, discover the ideal technology for that approach, and in the meantime, make the smartest application of the technology that you already have”
http://www.networkworld.com/news/2007/060807-gates-commen…
Edit (for another )