Reflections of a BizDrivenLife

A Technology Entrepreneur Shares his tips on how to win in Business… and in Life!

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I may be a learned scholar, a successful businessman, or a good father and husband, but until I am all three, I have not succeeded. Wilson Ng

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Category:

Advice for Entrepreneurs

November 30th, 2005 by Administrator
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bugs bunny

Don’t start a business just because you think you will be good at it.
Don’t start a business just because other people think you will be good at it.
Start a business because that should be the one thing you want to do most in life.

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Posted in Entrepreneurship |

19 Responses

  1. Shannon Bolin Says:

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  2. Kunstemaecker Says:

    You’re absolutely right.

  3. bubba Says:

    I am fighting with myself on this one. I have an idea that would be a new business. But I don’t want to start it because my life is not headed that way. Actually it is a new product. I am torn between started it or not.

  4. jun asis Says:

    to bubba: if this idea has potential, maybe you could get someone you think would see it through…work out an arrangement that would be beneficial to both. Have a non-disclosure contract before proceeding.

  5. Ng Khai Collaboration Websites » Blog Archive » Latest Update of Ng Khai Says:

    [...] - Advice for Entrepreneurs [...]

  6. Reflections of a BizDrivenLife » Two Precepts I Learned in Managing Says:

    [...] As entrepreneurs, we tend to have too much high regard for our own gut feel in making decisions. But while I still believe that we have, through the years, learn the ’smarts’ of the business, gut feel alone is not enough. Gut feel, plus the right information, would have a higher batting average in hitting the right decisions. [...]

  7. CeBu CeBoom CeBlog » Blog Archive » Cebu’s Young Entrepreneurs Says:

    [...] Their last names would certainly ring a bell. They are the children of some of Cebu ’s successful business icons. They are some of the young entrepreneurs who are making inroads into the world of business much like their parents or grandparents. They are the chips from the old blocks if I may say. [...]

  8. Tom Hull Says:

    To bubba: you have an IDEA for a business, but no desire to pursue it yourself because your life isn’t headed that way? Isn’t that like saying you have this idea that you’d like to be a girl, but your life isn’t headed that way? Starting and growing a new business, like a sex change operation, calls for a little more commitment than you seem to have. If you can sell the idea off to someone for anything tangible, more power to you. Otherwise, let it go, man.

  9. Reflections of a BizDrivenLife » The Lion and the Mouse (or Biting the hand that Feeds) Says:

    [...] I knew a person from Microsoft many years ago. He was feeling good. During the 90s, Microsoft was an admired company, and he thrives that he could call the CEOs of the biggest companies, and get them out to answer the phone. At length, he felt his connections were enough, and he wanted to venture on his own entrepreneurial venture, which would succeed on the strength of his ‘network’. [...]

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