“What does it take to be a successful entrepreneur? It takes willingness to learn, to be able to focus, to absorb information, and to always realize that business is a 24/7 job where someone is always out there to kick your ass.”
Just want the highlights?
- They just, they don't do the work. They don't learn, you know, when you walk in the room, but when you start a business and you start to talk about somebody you're never in a vacuum with no competition, you know, unless your just extremely lucky. And if there's going to be competition, that means somebody else knows your business as well as you do when you get started.
- And if you walk into a competitive environment, and they still know more about the business than you do, and more about your customers, you're going to lose. But most people don't consider that they don't do the work. They don't learn more about their industry. They don't know even about their business. I mean, and so you've got to put in the effort to know more about your industry than anybody else.
- If you're going to have, and run a business, if you don't understand accounting, you're already behind and you can't hire a guy that's that knows that. They still have to communicate to you.
- You know, the thing I learned at Indiana that was more important than anything else. I learned how to learn and learning became far more important to me because the one certainty in business is that it's always going to be changing.