There’s something about quotes that team Awesummly finds irresistible. Maybe it’s that they tend to come from ordinary people who have gone on to do extraordinary things in their lives. Perhaps it’s the vast array of professions, circumstances, niches and places they come from that fascinate us. Or it could be that by reading their words we tap into something we feel is possible for ourselves as well. Whatever it is, there’s nothing like a great quote to get you revved up.
Here are some inspiring quotes that will get you hyped up and keep you motivated as an entrepreneur.
I can accept failure. Everyone fails at something. But I cannot accept not trying. — Michael Jordan
Just like the great Yoda once said, “Do, or do not. There is no try.” You may fail at some things in your life, but you’ll fail at life if you don’t continually try and do new things.
Be patient with yourself. Self-growth is tender, it’s holy ground. There’s no greater investment. — Stephen Covey
It is common to be in a rush to reach the destination called success. There’s success with a romantic partner, which usually means marriage or success with a business, which usually means an IPO or exit strategy. Success is often measured by the destination. However, if you can learn to be patient, and continually improve yourself while enjoying the journey, the trip to every success will be as pleasant as the destination. Improving yourself is always worth the investment.
In every success story, you will find someone who has made a courageous decision. — Peter F. Drucker
Success takes a spirit of adventure and an aptitude for bravery. It isn’t that the brave don’t have fears, it’s that they chose to move forward anyway.
Team Awesummly has collected some inspiring infographics, which are as follows:
Finally, Team Awesummly did some research on the characteristics of a good Founder. A good entrepreneur must have following characteristics:
1. Tenacity — the most important attribute of an entrepreneur is never being willing to give up.
2. Street Smarts — getting out and understanding customers is far more important than book smarts or computer research.
3. Ability to Pivot — it’s not good enough to be tenacious and smart. You also need to be sure you have a great product/market fit and that it is a big enough market to make money. The best entrepreneurs fine tune their product and their business model until they find this groove.
4. Resiliency — being an entrepreneur is sexy … for those who haven’t done it. In reality, it’s gritty, tough work where you will be filled with self doubt. Entrepreneurs are survivors.
5. Inspiration — Tenacity + street smarts is not enough without inspiration. You need to lead teams and convince others to move mountains when by all means they shouldn’t believe they can.
6. Perspiration — We all know people who can stand up at a conference and deliver a rousing speech or who sound awesome in front of customers. But it takes more than inspiration to build a successful business. It takes perspiration also.
7. Willingness to Accept Risk — I’m not talking about crazy risks, but entrepreneurs are people who are willing to start a business on a leap of faith. They don’t wait on the sidelines forever doing “side projects” until the day when they’re ready to start a company. If you aren’t willing to take a shot by going full time on your startup it tells investors you aren’t confident enough in the idea or in yourself.
8. Attention to Detail — If you’re going to lead an early stage business you need to be on top of all your details. You need to know your financial model. You need to be involved in the product design. You need to have a details grasp of your sales pipeline. You need to be hand on.
9. Competitiveness — The best entrepreneurs hate losing. Whether in personal life or business they play to win. It consumes them. Sharing the market is not enough — they want to win every deal, hire every great employee and sign-up every partner. And they want to do it at the expense of the competition. As Leo Durocher famously said, “nice guys finish last.”
10. Decisiveness / Gets Things Done — Entrepreneurs don’t “noodle,” they “do.” This is what separates entrepreneurs from big company executives, consultants and investors. Everybody else has the luxury of “analysis” and Monday-morning quarterbacking. Entrepreneurs are faced with a deluge of daily decisions — much of it minutiae. All of it requiring decisions and action.
11. Domain Experience — Domain experience is not an absolute requirement. In fact, some people would argue that the uber successful ventures come from people outside the industry willing to challenge the conventional wisdom. But I believe that having domain experience and relationships gives you an unfair advantage. Better that you start with this than from scratch.
12. Integrity — I believe that integrity and honesty are very important to most venture capital investors. Unfortunately, I don’t believe that they are required to make a lot of money. This post talks about my views on this attribute.