Showing posts with label Start up tips. Show all posts
Showing posts with label Start up tips. Show all posts

Monday, January 14, 2013

Dream Big Dreams | Darren Hardy Success Magazine

Darren Hardy blog on Walt DisneyI love this time of the year as it provides us the space to reflect, assess and sketch the blueprints to make our New Year dreams come true.

As you do, I’d like to encourage you to dream bigger dreams and adopt the unstoppable achiever’s mindset.

To help you, let me tell you the story of a young boy starting out with a lot less than you have going for you right now.

You wouldn’t think this is the kind of upbringing, nurturing, training and development that would produce one of the most creative minds in history–winning 22 Oscars and 7 Emmy awards from 59 nominations (more than any individual in history) and being honored with the highest civilian award the United States government bestows—the Medal of Freedom.

I think these not only eliminate any excuses you might have, but it will inspire you to consider your own greater potential.

Let’s call this young boy Walter.

Walter was born in Chicago in 1901 to a large Irish immigrant family. His father struggled at work and took out his anger on his wife and children.

At only 8 years old, Walter went to work delivering letters. In any weather, early morning or late at night, he ran through the streets in his worn-out shoes, hurrying to deliver the mail on time. Any money Walter earned was then seized by his father.

At age 16 Walter attempted to enlist in the army to participate in the first World War. He was refused for being too young so he volunteered in the Red Cross and was sent overseas, where he worked as an ambulance driver.

Walter kept the troops in good spirits by decorating his ambulance with amusing drawings. Walter learned he liked to draw.

When Walter returned home from the war, he worked various jobs in creative fields. He worked as a night watchman, which particularly suited him because it gave him an opportunity to study and practice his art.  Later, he got a job at a small studio working on an advertising campaign, where he was paid a meager $40 a month but soon unemployed.

Walter wanted to work for a newspaper as an editorial cartoonist but lacked the satire to do so.

Walter decided to start his own commercial art company, but it was short lived and ultimately failed to sustain. Still not deterred he decided to start yet another company, which this time was met with some success and he was soon hiring a vast number of his friends.

Unfortunately the profits were not enough to cover the high cost of salaries and he mismanaged the money straddling the business with loads of debt, ultimately ending in bankruptcy.

Even his success ended in failure. Certainly this should be a final lesson for him.
But not for Walter.

He recruited his brother to pool some more finances together and they started another business. They didn’t have enough money between them, so they brought on an investor named Mary.

Once again Walter found success and he rehired many of his friends back. One year later, Mary married a man named Charles, who came in and strong-armed Walter. He told Walter if he didn’t comply to budget restraints he would lose his funding for all his now successful productions and all his employees.

Walter refused to be controlled and was once again on his own.

By now you’ve got to be thinking, just hang it up Walter and get a job, entrepreneurship doesn’t seem to be in your cards, right?

Walter would refuse that thought as well. This time Walter decided he would start a Mickey Mouse sort of business. Literally. Walter drew, animated and became the voice of Mickey Mouse.

Walt founded the Walt Disney Company and went on to produce additional characters that have been loved and squeezed by hundreds of millions of children such as Donald Duck, Goofy, Pluto, Snow White and the Seven Dwarfs, Alice in Wonderland, Popeye the Sailor, Pinocchio, Dumbo, Bambi and many more.

Walt’s achiever mindset doesn’t stop there, of course.

On a flight to Chicago in the late 40s he sketched ideas for an amusement park where he envisioned his employees spending time with their children.

Even Walt’s brother Roy thought it was a terrible idea and convinced the Board to disapprove of the funding to build it.

What does Walt do now? His own company won’t go along with building his dream?
Well, Walt has a ceaseless achievers mindset.

Walt went out on his own and raised the money by himself. Walt also inspired a dedicated team called Imagineers… something we all should aspire to be… and together they created and opened The Happiest Place on Earth on Sunday, July 17, 1955.

He built it on ground where only an orange grove existed before. Disneyland is now visited by more than 5 million people every year.

Okay, you create the happiest place on earth, that should be enough right?
Not for the achiever.
In early 1960 Walt conceives of Disney World and EPCOT, this time on top of where only alligators go—in the swamplands of Orlando, Florida.

You have to remember, in the 60s, where the Magical Kingdom resides today, there was nothing there, I mean nothing. The World of Disney, the Experimental Prototype Community of Tomorrow, known as EPCOT was imagined and built on a full-fledged swamp.

While Walt Disney’s life journey ended on December 15, 1966, when he was 65, the power of his achiever’s mindset lives on to this day.

According to statistics, annual cash flow from Disney films (not including sales and rental of videos) exceeds more than $1 billion dollars. The Disney conglomerate includes amusement parks in California, Florida, Tokyo and Paris, 535 international Disney stores, hockey and baseball teams, a number of newspapers and magazines and a cable television network.

Annual turnover of the consortium is $21 billion and stock market capitalization is $42 billion.
Not bad for a poor Chicago kid from an immigrant family equipped with only one thing, but as you can see, the most important thing—the dream big dreams, achiever’s mindset.

As Walt said himself, “All our dreams can come true, if we have the courage to pursue them.”

That’s what I want to help you do, find the courage to pursue your dreams, your BIG dreams.

Share your big dream with us in comments below. Share this post with others to encourage them to dream big too.

via darrenhardy.success.com

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Saturday, May 19, 2012

A Lesson I Learned From My Granddaughter

One Saturday evening my granddaughter long since bathed and tucked into bed, tip toed into my arms as I sat in the recliner.

 

Silently she nursed a thumb. She wiggled until she found her "just right spot."

'What are you doing said I?" My heart racing with love. 

 

"Grandpa I want to snuggle."

I reclined even further. Drawing her closer.

That's how we keep customers from going to competitiors. Isn't it?  

Monday, May 14, 2012

Entrepreneurship is an Art not a Job « Steve Blank

Some men see things as they are and ask why.
Others dream things that never were and ask why not.
George Bernard Shaw

Over the last decade we assumed that once we found repeatable methodologies (Agile and Customer Development, Business Model Design) to build early stage ventures, entrepreneurship would become a “science,” and anyone could do it.

I’m beginning to suspect this assumption may be wrong.

Where Did We Go Wrong?
It’s not that the tools are wrong, I think the entrepreneurship management stack is correct and has made a major contribution to reducing startup failures. Where I think we have gone wrong is the belief that anyone can use these tools equally well.

Entrepreneurship is an Art not a Job
For the sake of this analogy, think of two types of artists: composers and performers (think music composer versus members of the orchestra, playwright versus actor etc.)

Founders fit the definition of a composer: they see something no one else does. And to help them create it from nothing, they surround themselves with world-class performers. This concept of creating something that few others see – and the reality distortion field necessary to recruit the team to build it – is at the heart of what startup founders do. It is a very different skill than science, engineering, or management.

 

Entrepreneurial employees are the talented performers who hear the siren song of a founder’s vision. Joining a startup while it is still searching for a business model, they too see the promise of what can be and join the founder to bring the vision to life.

Founders then put in play every skill which makes them unique – tenacity, passion, agility, rapid pivots, curiosity, learning and discovery, improvisation, ability to bring order out of chaos, resilience, leadership, a reality distortion field, and a relentless focus on execution – to lead the relentless process of refining their vision and making it a reality.

Both founders and entrepreneurial employees prefer to build something from the ground up rather than join an existing company. Like jazz musicians or improv actors, they prefer to operate in a chaotic environment with multiple unknowns. They sense the general direction they’re headed in, OK with uncertainty and surprises, using the tools at hand, along with their instinct to achieve their vision. These types of people are rare, unique and crazy. They’re artists.

Tools Do Not Make The Artist
When page-layout programs came out with the Macintosh in 1984, everyone thought it was going to be the end of graphic artists and designers. “Now everyone can do design,” was the mantra. Users quickly learned how hard it was do design well (yes. it is an art) and again hired professionals. The same thing happened with the first bit-mapped word processors. We didn’t get more or better authors. Instead we ended up with poorly written documents that looked like ransom notes. Today’s equivalent is Apple’s “Garageband”. Not everyone who uses composition tools can actually write music that anyone wants to listen to.

“Well If it’s Not the Tools Then it Must Be…”
The argument goes, “Well if it’s not tools then it must be…” But examples from teaching other creative arts are not promising. Music composition has been around since the dawn of civilization yet even today the argument of what “makes” a great composer is still unsettled. Is it the process (the compositional strategies used in the compositional process?) Is it the person (achievement, musical aptitude, informal musical experiences, formal musical experiences, music self-esteem, academic grades, IQ, and gender?)  Is it the environment (parents, teachers, friends, siblings, school, society, or cultural values?) Or is it constant practice (apprenticeship, 10,000 hours of practice?)

It may be we can increase the number of founders and entrepreneurial employees, with better tools, more money, and greater education. But it’s more likely that until we truly understand how to teach creativity, their numbers are limited.

Lessons Learned

  • Founders fit the definition of an artist: they see – and create– something that no one else does
  • To help them move their vision to reality, they surround themselves with world-class performers
  • Founders and entrepreneurial employees prefer operating in a chaotic environment with multiple unknowns
  • These type of people are rare, unique and crazy
  • Not everyone is an artist

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