While listening to ‘The One Minute Entrepreneur‘, the author advises the protagonist in the fable to write down his one-minute insights. I went through the book and captured those insights and thought I should write them here for future reference.
- Associate with people you admire and can learn from.
- Keep a notebook of the wisdom you read, hear and learn and distill that insight into one-minute insights.
- A good life is built on strong solid values such as integrity, love, honesty and purposeful work.
- You never need to cheat to win.
- What is right is more important than who is right
- You’ll be the same year after year, except for the people you meet and the books you read.
- You can get what you want in life if you help others get what they want.
- Lead with your ears.
- Success occurs when opportunity and preparation meet.
- It’s not who you know that counts, it’s who knows you and what they think of you.
- When you feel moments impacting your destiny, seize the opportunity.
- Ambition is the fuel that can drive life changing events
- Identify what your passionate about doing and do more of it.
- Don’t be afraid to dream big.
- Don’t quit your day job until you got some success under your belt.
- If nobody will pay you to do what you love, you have a hobby not a career.
- Too many people dream to small, remember you’ll never achieve more than you think you can, so create a big dream.
- When opportunity knocks, seize it.
- Never let your expenses outstrip your revenue.
- Don’t be a banker for your customers, timely collection of invoices is crucial.
- Your customers are your company’s lifeblood, they pay the bills.
- Nurture your people, they make it all happen. Without them, you have no company.
- Unless you want to do all the work, you have to come up with new sources of revenue.
- If you focus only on managing costs, your business will never grow.
- Don’t be afraid to seek advice when your business goes to a new level.
- Making a profit is always a necessity if you want to stay in business.
- As an entrepreneur, the secret to success is generating cash, cash, cash.
- Without good cash management, you’ll never make it as an entrepreneur.
- Profit is the applause you get for taking care of your customers and creating a motivating environment for your people.
- Working people today want a partnership relationship not a top down hierarchy.
- Everyone should be encouraged to be a leader.
- An effective performance management system helps people win rather than rating and berating them.
- The best management includes day to day coaching that catches people doing things right and redirects their efforts when they are off base
- Work as in life is about getting A’s.
- Passionate people and loyal customers drive success in your organization.
- Long term success is about more than making tomorrow’s numbers.
- Relationships at work and at home can deteriorate when they aren’t nourished.
- A strength taken to an extreme can become a liability.
- Keep your priorities in order, work to balance your business life with the rest of your life.
- Continually seek the wisdom of your mentors.
- It’s better to patiently implement
- The wrong leader can send you off into directions you don’t want to go.
- The right leader at the right time can help steer things in the right direction.
Content Copyright by The One Minute Entrepreneur, but the author did say to write these insights down.
