The title of this blog post is actually the favorite saying of serial entrepreneur, Steve Adams (thanks, Steve), and one of his heroes, Thomas Edison . A great vision is the table stakes for building a valuable business. A great vision: Is clear, concise, and understandable to a broad constituency Is inspiring and motivational to those that … Continue reading Vision Without Execution Is Just Hallucination
Putting strategy into practice is notoriously difficult. In our experience, the primary obstacle to strategy execution is a failure to balance the inherent tensions that characterize any major execution effort. Successful strategy execution calls for skillful orchestration of sometimes opposing forces and competing needs. In particular, there are four core tensions that leaders need to … Continue reading Good Strategy Execution Requires Balancing 4 Tensions
As entrepreneurs, sometimes we can be our own worst enemies. We can get easily bored, leaving us with a need to “stir things up” to make things exciting again. For me, this stems from an intense desire to make things better. Whatever the motivation, this need for change and excitement can cause a crisis in … Continue reading ARE YOU CAUSING ENTREPRENEURIAL TRAIN WRECKS IN YOUR BUSINESS?
I went into business for myself in part because I continually found myself frustrated while working for someone else. Meetings felt like a waste of time, most of my bosses continually asked me to do things then never acknowledged my accomplishments, quickly moving on to the next project. Frequently I found myself focused on something … Continue reading Accountability is Not a Four Letter Word
Take Purposeful Action Embrace Your Mistakes Networking Resist the Negativity of Nay-Sayers Give Without Expecting Anything in Return Easy right? So if the above actions lead to success why isn’t everyone doing them? Why do so many entrepreneurs struggle to succeed? Let’s look at them closer. Take Purposeful Action When you’re a … Continue reading 5 Must Do’s Of Successful Entrepreneurs