Beyond Entrepreneurship 2.0

We would like to emphasize one final element of effective leadership style: an “ever forward” mentality. Leaders of great companies are always moving forward—progressing—as individuals (personal growth) and they pass this ever forward psychology along to the company. They have a high energy level and never become complacent.

Kenneth Atchity, president of Atchity Entertainment International, observed that there is a vital difference between managing time and managing work: work is infinite; time is finite. Work expands to fill whatever time is allotted to it. To be productive, therefore, you must manage your time, not your work. The key question to ask yourself is not “

“There are two types of lost trust. The first is losing confidence in someone’s abilities because you discover the person is a well-intentioned incompetent. The second is losing faith in someone’s character. You might be able to help someone who is incompetent to become competent, but if you discover someone deliberately and repeatedly took advanta

Our whole people and empire have vowed themselves to the single task of cleansing Europe of the Nazi pestilence and saving the world from the new dark ages.42 We seek to beat the life and soul out of Hitler and Hitlerism. That alone. That all the time. That to the end.

This notion of leading a market—of creating a market—is essential to breakthrough innovations. With dramatic, new innovations, customers will often not tell you what they want (because they do not know what is possible) until you show them what they can have—as was the case with the 3M Post-it Notes, the radio, and the fax machine.

Most great companies are formed to meet the goals and express the values of their founders, which is not always the same as maximizing shareholder wealth. For them, profit is simply a strategic necessity rather than the supreme end point.

Do first things first—and second things not at all.27 The alternative is to get nothing done. PETER F. DRUCKER

Do you have a bus problem or a seat problem? Sometimes you might have a right person on the bus but in the wrong seat.

“You can go at life as a series of transactions, or you can go at life building relationships,” Bill once told me. “Transactions can give you success, but only relationships make for a great life.”

In Chapter 8, “Innovation,” we stress the importance of decentralization and autonomy. The problem, of course, is how to unleash individual creativity and, at the same time, move in a unified direction. Vision is the link. If all people in the company have a guiding star on which to sight (a common vision), they can be dispersed in hundreds of inde