Business Solutions

A simple fact proven over and over again, is that there is no simple formula for Entrepreneurs to use when creating a successful business, yet many Entrepreneurs have found there is an easier way to increase their chances of success by studying the wisdom, principles and insights of successful Entrepreneurs that have already accomplished success in their entrepreneurial endeavors, and following are just a few Entrepreneurial Words of Wisdom:

“Entrepreneurs are risk takers, willing to roll the dice with their money or reputation on the line in support of an idea or enterprise. They willingly assume responsibility for the success or failure of a venture and are answerable for all its facets.” –Victor Kiam, owner of Remington Products

“The best reason to start an organization is to make meaning; to create a product or service to make the world a better place.”–Guy Kawasaki, venture capitalist, CEO of Garage Technology Ventures

“A friendship founded on business is a good deal better than a business founded on friendship.”–John D. Rockefeller, founder of Standard Oil

“An entrepreneur tends to bite off a little more than he can chew hoping he’ll quickly learn how to chew it.”–Roy Ash, co-founder of Litton Industries

“I’ve been blessed to find people who are smarter than I am, and they help me to execute the vision I have.”–Russell Simmons, founder of Def Jam

“One of the unique things we small companies have over the big guys is the ability to establish personal relationships. Big companies really can’t do that. You read about effective organizations, learning organizations, lean and mean organizations, but small companies can be virtuous. We as small companies can have virtue because we as small companies are basically the embodiment of one or two people, and people can have virtue, while organizations really can’t.”–Jim Koch, founder of Boston Beer Company

“Experience taught me a few things. One is to listen to your gut, no matter how good something sounds on paper. The second is that you’re generally better off sticking with what you know. And the third is that sometimes your best investments are the ones you don’t make.”–Donald Trump, real estate developer

“High expectations are the key to everything.”–Sam Walton, founder of Wal-Mart

“A successful person isn’t necessarily better than her less successful peers at solving problems; her pattern-recognition facilities have just learned what problems are worth solving”–Ray Kurzweil, Inventor

“I wanted to be an editor or a journalist, I wasn’t really interested in being an entrepreneur, but I soon found I had to become an entrepreneur in order to keep my magazine going”—Richard Branson, Virgin Records & Airlines

“Entrepreneurial profit is the expression of the value of what the entrepreneur contributes to production”–Joseph A. Schumpeter, Economist

“The entrepreneur always searches for change, responds to it, and exploits it as an opportunity”—Peter Drucker, Author & Businessman

“You are surrounded by simple, obvious solutions that can dramatically increase your income, power, influence and success. The problem is, you just don’t see them”—Jay Abraham

“There is no substitute for knowledge. To this day, I read three newspapers a day. It is impossible to read a paper without being exposed to ideas. And ideas.. more than money.. are the real currency for success”—Eli Broad

“I believe the true road to preeminent success in any line is to make yourself master in that line. I have no faith in the policy of scattering one’s resources, and in my experience I have rarely if ever met a man who achieved preeminence in money making.. certainly never one in manufacturing.. who was interested in many concerns”—Andrew Carnegie

“The remarkable social impact and economic success of the Internet is in many ways directly attributable to the architectural characteristics that were part of its design. The Internet was designed with no gatekeepers over new content or services”—Vinton Cerf

“There are a lot of things that go into creating success. I don’t like to do just the things I like to do. I like to do things that cause the company to succeed. I don’t spend a lot of time doing my favorite activities”—Michael Dell

“What is it that you like doing? If you don’t like it, get out of it, because you’ll be lousy at it. You don’t have to stay with a job for the rest of your life, because if you don’t like it you’ll never be successful in it”—Lee Iacocca