Len Schlesinger: "Action trumps everything."

Len Schlesinger, the president of Babson College and author of Action Trumps Everything, talked at the Global Leadership Summit about many of the wrong assumptions about entrepreneurs...

  • Most entrepreneurs are actually not excited about risk. The good ones know how to avoid risk.
  • Most entrepreneurs don't have a sharply defined vision.
  • Most entrepreneurs distrust predictions about the future.
  • Most entrepreneurs don't have a big idea that no one else has. They just see something being done and figure out a better way to do it.
  • Most entrepreneurs aren't more self-confident, egotistical or decisive than anyone else.
  • Tom Peters says that entrepreneurship is a learned skill, and anyone can learn it.
  • When you don't know the future,  you act your way into the future.
  • How do you start something? You start with things you care about.
  • Stop worrying about what you want to do, and just worry about what you want to do next.
  • Failure doesn't mean 'game over.' It means try again with your new experience.
  • When you fail--quite likely you just learned something that no one else knows.
  • Don't obsess over what you think you need, and start with what you have.
Tim Stevens2 Comments