Most entrepreneurs are merely technicians with an entrepreneurial seizure. Most entrepreneurs fail because you are working IN your business rather than ON your business.
Michael GerberRead
The Big Dream of any entrepreneur really has very little to do with the entrepreneur. If you truly love repairing automobiles, chances are, you'll be a lousy business owner. Likewise, if you are fascinated by debits and credits, the dream of building an accounting firm with you at the helm is probably best left unfulfilled.
Interpretation
Entrepreneurs should focus on their true passions rather than the mechanics of running a business.
Michael Gerber's quote suggests that the essence of entrepreneurship is not solely about the personal love for the craft or trade, but rather about understanding the broader business landscape. He warns that possessing a passion for a specific skill, like repairing automobiles or accounting, does not inherently translate into being a successful business owner, indicating that a successful entrepreneur must blend passion with business acumen.
In practice
This quote can inspire budding entrepreneurs to assess their skills beyond their passions.
Most entrepreneurs are merely technicians with an entrepreneurial seizure. Most entrepreneurs fail because you are working IN your business rather than ON your business.
The only choice that leads small business owners to real success in their endeavors is the one that requires real thought. Understanding and building the systems they need within their company to afford them a framework of organization that can scale the business from a company of one to a company of one thousand.
Quit being 'busy' and start actively owning and operating your company, and you'll be able to understand where the money is coming from and how to make more of it.
Most people who go into business for themselves and, therefore, believe they are entrepreneurs, are doomed to struggle because they don't have a true Entrepreneurial Perspective. They have a Technician's Perspective.
The entrepreneur rarely thinks in terms of what he or she wants, but dreams about results - always results and nothing but results - that can solve someone else's problem or contribute to making someone else's life better.
Here's the problem with phones - they are a ready-made diversion from the considerably harder work of growing a business.
The way to wealth is as plain as the way to market. It depends chiefly on two words, industry and frugality: that is, waste neither time nor money, but make the best use of both. Without industry and frugality nothing will do, and with them everything.
In the great undertakings, there is glory, even in failure.
Don't become a seeker of success. Become a person of value.
For me, it is important to win titles and for that I need to work hard, stay healthy and be able to compete. The rest, I always say, it comes.
I expected to be a pretty good NBA point guard and hopefully win a championship. But MVP and all this stuff? Not really.
I wish I could do a lot of things different. I'm not going to tell you what they are, but if I had a list of all my films right now, I'd go, 'Okay, I'll cross that one out and cross that one out and cross that one out and cross that one out.' Really. But I've made over 40 films. How can I not have some losers in there?
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