The Heart of Entrepreneurship (Howard H. Stevenson & David E. Gumpert 1985)
- All they need from a resource is the ability to use it
- Avoid owning equipment or hiring people
- Using rather than owning enables the company to reduce its risk and its fixed costs
- Leasing or renting reduces risk
- Using instead of owning a resource lowers the cost of pulling out of a project
- THE SEARCH FOR PERFECTION IS THE ENEMY OF THE GOOD
- Keep their organizations learning-effective Entrepreneurs who are effective make the sparest allotment of resources. necessity is the mother of invention, make imaginative use of their limited resources. Do more with less.
- Most of the risk in entrepreneurial management lies in the effort to pursue opportunity with inappropriate resources, either too few or too many. (large corporations tend to make the basic error of over committing resources.)
- A multistage commitment allows responsiveness; a one-time commitment creates unnecessary risk.
I loved everything about the talk The Challenge to Become, by elder Dallin H Oaks (Oct 2000 Gen Conference). Mostly that it matters more about who we are becoming than about who we are now.
Your emotional fingerprint by Woody Woodward sounds like a fascinating book that I'd love to read. I am very interested in understanding myself at a deeper level; what makes me feel important, how I respond, and what my key driving forces in life are, so I can better take control of my life. I like the idea of validating inward emotions and letting go of outward stimuli and validation. What motivates and drives me to feel important and accomplished? This is a real question that comes back continually in my life. What is my definition of success? How can I feel accomplished and important in what I'm doing and not feel that I'm always "not quite there yet"...
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