Secrets of Entrepreneurship – Do you have the entrepreneurial spirit?
June 5, 2016
By Jerry Bellune
Entrepreneurs think differently from the rest of us.
They possess a childlike faith in their own success.
They don’t fear failure, setbacks or others’ opinions.
They recognize that failures teach valuable lessons.
It’s how they learn what works and what doesn’t.
That renews their determination to try something else.
Thomas Edison is one of the best examples of this.
He saw a need that he might be able to fill.
The Industrial Revolution had created changes.
Industry needed light 24 hours a day.
Candles and gas lamps provided flickering light.
They also caused thousands of devastating fires.
Edison went to work to develop an electric light.
His first bulb took thousands of experiments.
Each step required inventing such components as:
• Vacuumed and sealed glass bulbs.
• Switches and special types of wire and meters.
• A material to serve as a long-lasting filament.
He found the solution in carbonized cotton thread.
But that wasn’t the end of Edison’s bulb work.
Thread gave out after 13 continuous hours of light. Later, he found a longer lasting filament.
Carbonized bamboo lasted over 1,200 hours.
His first large-scale test was September 4, 1882.
He lit 25 buildings in New York’s financial district.
Golf pro George Bryan is another example.
Golf, believe it or not, is losing enthusiasts.
That’s disturbing for anyone in the golf business.
George didn’t sit on his hands awaiting the end.
He stepped up recruiting young players for the game.
He figured youth was the future for golf.
They are the future for any of our businesses.
He developed a roll-up indoor putting green.
That let golfers practice in winter and bad weather.
He’s developing other products for golfers.
When life hands you lemons, get out your juicer.
Want to get more juice out of your lemons?
Email me for details about our STAR funshop.
You’ll discover what big successes have done.
This will give you a blueprint for greater success.
Next: Find out what people want
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We only ask that you tell them where it came from.
Invite them to send me their email address.
They can reach me at [email protected]
I’ll email this strategy letter to them each week.
©2016 The Bellune Company, Inc.
Neither MidlandsBiz.com nor The Bellune Company, Inc. makes any warranty as to the results that may be achieved from using this information. ©2015 The Bellune Company, Inc. All rights reserved. Requests for permission to reprint or circulate may be obtained by emailing [email protected]
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