Here are my 10 key takeaways from the book “The Entrepreneur Mind” by Kevin D. Johnson.
- Ask for help. When you start a business, lose your ego immediately.
- Basic discipline is the key to continued success.
- An idea’s execution, not its uniqueness, yields success.
- Three things were largely responsible for writers’ early success: speed, team, and frugality.
- Spend time with people smarter than you, the average person is intimidated by smart people.
- Find an enemy, a basic gamification strategy enhances your competitive spirit.
- Entrepreneurs educate themselves primarily through reading books, studying successful people, pursuing industry magazines, attending conferences, and countless other ways. An entrepreneur who stops learning stops earning.
- Although Kevin D Johnson’s mentee has great potential, he disappointed him due to a lack of effort and a sense of urgency.
- Linked-in founder, Reid Hoffman, said,” If you are not embarrassed by the first version of your product, you have launched it too late”.
- It’s ironic how the most important items keep getting off and becoming a low priority. We fool ourselves into believing that we are making significant progress by doing several little things. On the other hand, veteran entrepreneurs give priority to those tasks that are painful, but which pay off in the end. They could ignore the fleeting satisfaction that may come from finishing small things.
