Sunday 4 September 2016

LESSONS FOR ENTREPRENEURS

#ForEntrepreneursOnly

WHEN THINGS BLOW UP

While some were busy fighting to take selfies with Mark Zuckerberg and argue over his t-shirt and suit and squeeze to tell him all their problems - including how their girlfriends broke their hearts or how their soup last night didn't have enough meat in it, he just lost over $200 million (that's over N60 billion) in a Thursday's failed SpaceX Rocket launch that was meant to bean internet service remote parts of Africa and the world via the internet.org initiative.

Which of course was one of the reasons he came to Africa in the first place.

Well, what baffles me guys is that even Mark himself was away in Kenya or Nigeria when this huge project was being executed in Cape Canaveral’s Launch Complex, Florida and when the failure happened and after the failure, he was busy in Nigeria attending the ASO DEMO Event in Abuja, taking selfies, shaking hands with politicians, and then when he heard the news, he simply sent out the following post:

"I'm deeply disappointed to hear that SpaceX's launch failure destroy our satellite that would have provided connectivity to so many entrepreneurs and everyone else across the continent. We remain committed to our mission of connecting everyone."

I really like the part that says: "We remain committed to our mission...."

You see guys, as entrepreneurs we must learn two things from this, especially when things in our businesses don't work out according to our prognosis - when that product fails to scale, when nobody signs up for that seminar, when nobody turns up for your show, when the app downloads fall far below invested expectations, when that big client pulls the plug, when your pitch to VCs falls flat.

1. Be disappointed, no problem. You are a human being, so you have every right to allow the emotion flow.

2. But please remain committed to your Mission. Don't hang your boot yet. DON'T!

*Will Mark Zuckerberg and Elon Musk launch another satellite?

YES!

So the question before you as an entrepreneur is this:

How Committed Will You Be To Your Mission When Things Blow Up?

Focus and Stay Committed!

Copied.

Saturday 3 September 2016

MORE ON LEARN AND EARN

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Thursday 1 September 2016

8 INSPIRING THINGS MARK ZUCKERBERG SAID

I came across this and thought to share. Read up.

8 Inspiring Things Mark Zuckerberg Said During His Visit to Lagos

Facebook founder Mark Zuckerberg was at the CoCreation Hub in Yaba, Lagos on Tuesday, August 30, 2016.

The 7th richest person in the world was in Lagos to hold a meeting with some key players in the Nigerian tech world to discuss how Facebook can be improved in Nigeria, and how it can support tech development in Africa.

Below are eight inspiring things we learnt during questions and answers session with the billionaire:

1. “Move fast and break things.

Unless you are breaking stuff, you are not moving fast enough.”
No, he is not encouraging those with a penchant for breaking stuff in the anger to carry on doing so as if it is normal behaviour. He is basically saying, challenge the norm; don’t acknowledge limitations or in Naija lingo, never stay in your lane. Forge new tracks for your own lane.

2. “The question I ask myself almost every day is, ‘Am I doing the most important thing I could be doing?’”
Valid question. Are you dear reader, doing the most important thing you could be doing with your life, your abilities, your passions for yourself and society? Wait. Don’t answer just yet- think on these things.

3. “People don’t care about what you say; they care about what you build or do.”
Actions speak louder than words. You cannot keep mouthing off with no evidence to show for it. Take time to build; invest in the foundation of your building, your systems, your relationships. A house built upon the sand will crumble.

4. “The biggest risk is not taking any risk.”
There is nothing else to add to this.

5. “We don’t build services to make money; we make money to build better services.”
Perspective. Perspective. Perspective. Think, why do you do what you do? Why are you in business? To make profit, to solve problems, make a difference, what? Let your motive be right.

6. “I think a simple rule of business is, if you do the things that are easier first, then you can actually make a lot of progress.”
When a dozen projects are dropped in your lap with an impossible timeline, start with what’s easier. If you begin a Start-up, and a million things are calling for your attention at the same time, the trick: do what’s easier first.

7. “We look for people who are passionate about something. In a way, it almost doesn’t matter what you’re passionate about.”
Passion is the fuel that drives the mission. Find your passion and plug it into something.

8. “You are better off trying something and having it not work and learning from that than not doing anything at all.”
Loose the fear of failure. It’s a noose around your neck. Don’t  be afraid to lay your hands on something new. You can never tell what it stands to become in the nearest future. This looks to me like Mark saw into the Cromwell PSI vision.

Let's do this with all our might...it's pleasing to see you all succeed at making a great new way for consulting service value innovation in Nigeria. Let's do this.

We do have a lot to learn from this . #BeInspired!

HAPPY NEW MONTH

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