A crash is when your competitor's program dies. When your program dies, it is an 'idiosyncrasy'.
Guy KawasakiRead
It doesn't matter whether the Dow is 5000 or 50,000. If you're an entrepreneur, there is no bad time to start a company.
Interpretation
Entrepreneurs should seize opportunities regardless of market conditions.
This quote emphasizes that the entrepreneurial spirit is not dictated by external factors such as stock market performance. Instead, it suggests that the true essence of being an entrepreneur is the willingness to take risks and start new ventures at any time, demonstrating resilience and adaptability in the face of changing economic landscapes.
In practice
In a motivational speech to aspiring business owners, you might say, 'Remember, it doesn't matter if the market is crashing; as Guy Kawasaki said, there is no bad time to start a company.'
A crash is when your competitor's program dies. When your program dies, it is an 'idiosyncrasy'.
Here's what you should say [to an investor]: 'this is what my company does' It's that simple. What you're trying to do is get potential investors to fantasize about how your product or service will make a boatload of money. They can't fantasize if they don't know what you do.
Knowledge is great. Competence is great. But the combination of both encourages people to trust you and increases your powers of enchantment. And in this world, the combination is a breath of fresh air.
At the end of my life, is it better to say that I empowered people to make great stuff, or that I died with a net worth of $10 billion? Obviously I'm picking the former, although I would not mind both.
Enchantment is the purest form of sales. Enchantment is all about changing people's hearts, minds and actions because you provide them a vision or a way to do things better. The difference between enchantment and simple sales is that with enchantment you have the other person's best interests at heart, too.
• People deserve a break. The stressed and unorganized person who doesn’t have the same priorities as you may be dealing with an autistic child, abusive spouse, fading parents, or cancer. Don’t judge people until you’ve walked a mile in their shoes. Give them a break instead.
Be the designer of your own destiny.
If you can't do the little things right, you will never do the big things right.
Of course there are moments that you wonder how long you should be doing it because there are other aspects which are not nice, of this lifestyle. But I just love winning.
Right now you are one choice away from a new beginning - one that leads you toward becoming the fullest human being you can be.
If you are humble, your concentration will be very high. That's the way to go in sports.
The surest way to lose at any endeavor is to quit.
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