Mostrar mensagens com a etiqueta isenberg. Mostrar todas as mensagens
Mostrar mensagens com a etiqueta isenberg. Mostrar todas as mensagens

terça-feira, novembro 12, 2013

A mente do empreendedor

"“If you want to be entrepreneurs, you cannot think like sheep.” Entrepreneurs seem to have developed an independent streak in the way they assess market perceptions
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Optimism is also a part of that same mind-set, and entrepreneurs are almost certainly unusually optimistic, in particular about the anticipated impact of their perceived capabilities on the market. Sometimes they are so optimistic that they grossly overestimate their chances of success. Some call that propensity irrational optimism because it is not justified by the objective probabilities, and it is true that aspiring entrepreneurs believe they will not fail where others have.
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But if as an entrepreneur, I see a game of chance as a game of skill instead, then I have the possibility to make an extraordinary gain.
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What’s more, the propensity to think independently, to challenge conventional wisdom, and to act in a contrarian fashion is not quite the same as irrational optimism. By tying their future worth to something that is, initially, worthless, impossible, or stupid, entrepreneurs are in a sense buying low—investing in an idea that is undervalued by others—so that they can later sell high, reaping extraordinary value from it."
Trechos retirados de “Worthless, Impossible, and Stupid" de David Isenberg

quarta-feira, outubro 23, 2013

Creating Extraordinary Value

"results are what matters in entrepreneurship, not laurels. The bar is always raised, often by entrepreneurs themselves. Actual value creation as an outcome, and not the intention to create value, is essential. If value is not created, then the entrepreneurship is not complete; the market, having judged at the outset that what he or she is doing is worthless, impossible, or stupid, might just as likely have been correct. So I conclude that entrepreneurs do not get an A for effort. If they did, a lot of goofy efforts would have to be called entrepreneurship.
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entrepreneurs always live on the market precipice, peering over into the abyss of potential failure. (Moi ici: Lembrei-me logo da fauna dos direitos adquiridos)
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The “necessity” of accepting failure as a likely, even a vital, feature of entrepreneurship has become a popular topic. Indeed, from a societal perspective, there is evidence of a positive relationship between the sheer quantities of ventures that fail when they are young (the more the better) and the quality of failure (the quicker and less costly it is to fail, the more venture formation occurs), and the ability of a society to foster successful ventures in sufficient quantities. So to encourage entrepreneurship, society must make failure structurally easy—legally, administratively, and culturally. Labor flexibility and liberalizing bankruptcy make exit from failures easy. Governments that implement these few reforms discover that it does indeed help create a flow of new aspirants; high failure rates and high success rates (more of the latter) go hand in hand with high value creation."
Trechos retirados de “Worthless, Impossible, and Stupid" de David Isenberg