David C. Price,Alison Price

A Practical Guide to Entrepreneurship

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    Marwane Ebhas quoted3 years ago
    Your brand is what people say about you when you are not in the room.

    Jeff Bezos, founder of Amazon
    Sagar Shahhas quoted3 years ago
    If we did all the things we are capable of doing, we would literally astound ourselves.
    Vika Aniskohas quotedlast year
    entrepreneurship is about turning what excites you in life into capital, so that you can do more of it and move forward with it.
    George Titushas quoted2 years ago
    Being an entrepreneur may appear risky to others; however, successful entrepreneurs manage that risk and protect the downsides of it.
    George Titushas quoted2 years ago
    Minimize the downsides of risk

    Richard Branson has commented that ‘minimizing the downsides of risk’ is one of the most important phrases in his life. When making bold moves, such as taking on an ailing venture you know nothing about, you need to ensure that there is a way out if something goes wrong.
    This attitude was illustrated in Branson’s approach to transitioning from the music business to setting up an airline. When launching Virgin Atlantic, Branson leased a plane from Boeing that could be returned after twelve months if the business wasn’t successful enough. Critically, this meant that if the venture failed, it would not bring down the rest of his business. Branson was quite clear that he did not want people in his music company to lose their jobs from a failed branch-out initiative.
    This approach to business reflects the ethos of this whole book, which was summarized in the introduction. Being an entrepreneur may appear risky to others; however, successful entrepreneurs manage that risk and protect the downsides of it.
    b2039297347has quoted3 years ago
    Success to me is not about money or status or fame, it’s about finding a liveli
    Hendrik Oosthuizenhas quotedlast year
    The only sure bet in this world is yourself.
    Ryan Prettyman, Radiation Detection Services Inc.
    Hendrik Oosthuizenhas quotedlast year
    verybody else at university talked about getting a job, but I wanted the freedom, challenge, excitement and adventure of having my own business.
    Steve Roe, Hoopla
    Hendrik Oosthuizenhas quotedlast year
    The philosophy is very much along the lines of, ‘little to lose, everything to gain.’
    Hendrik Oosthuizenhas quotedlast year
    Entrepreneur: A person who sets up a business or businesses, taking on financial risks in the hope of profit
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