Greed and Capitalism

What kind of society isn't structured on greed? The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system.
- Milton Friedman

Friday, June 14, 2013

Entrepreneurs


Stanford Graduate School of Business

5 Attitudes of Successful Entrepreneurs 


“Entrepreneurs don’t need to be impulsive, head-strong, bombastic, or have operating experience,” shared Professor Irv Grousbeck in his “Last Lecture” talk with the Stanford GSB Class of 2013.


 5 attitudes successful entrepreneurs possess:  


1. An unending dissatisfaction with the status quo
Entrepreneurs are not happy with what’s at hand and they believe they can do something better.

2. A healthy self-confidence
Entrepreneurs must have a willingness to be lonely, to make public mistakes, and to have the buck stop with them.

3. Responsible confidence  
Entrepreneurs feel good about what they are doing, but always know that they could do more. They are always willing to stretch themselves.

4. Concern with detail
Very few successful people are broad-brush in all aspects of their lives.

5. A tolerance for ambiguity
Not to be confused with a love of risks, this willingness to accept an uncertain future is at the core of being an entrepreneur. Entrepreneurs won’t know if they’ll have an income tomorrow, and they’re willing to give up a corporate work environment and comfortable routines.







The official Tumblr for Stanford GSB  

Source:  http://stanfordbusiness.tumblr.com/post/52905655004/5-attitudes-of-successful-entrepreneurs-from-professor




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