Posts Tagged ‘entrepreneurs’
Reid Hoffman: DNA Entrepreneurs
on Sunday, April 25, 2021Reid Hoffman Money Quote saying our DNA makes us create companies as and that our genes make us natural creators of businesses. Reid Hoffman said:
“All humans are entrepreneurs not because they should start companies but because the will to create is encoded in human DNA, and creation is the essence of entrepreneurship” — Reid Hoffman
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In this quote, Reid Hoffman is suggesting that entrepreneurial drive and creativity are innate human qualities, encoded in our DNA. He argues that all people have a fundamental will and ability to create new things, solve problems in innovative ways, and take initiative – which are the essence of what it means to be an entrepreneur.
However, Hoffman is not saying that everyone should literally start their own business or company. Rather, his point is that entrepreneurial thinking in the sense of applying creative solutions is a basic part of human nature.
The quote aims to normalize and celebrate entrepreneurship as a natural outgrowth of universal human traits like creativity, problem-solving and initiative, rather than something only for a select few.
Muhammad Yunus: Poor Entrepreneur Bank
on Thursday, July 12, 2018Muhammad Yunus Money Quote saying banks lend money to the already wealthy but Grameen Bank lends to those in poverty to help them become entrepreneurs. Muhammad Yunus said:
“I did something that challenged the banking world. Conventional banks look for the rich; we look for the absolutely poor. All people are entrepreneurs, but many don’t have the opportunity to find that out” — Muhammad Yunus
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In this quote, Muhammad Yunus is explaining the innovative approach of Grameen Bank, which he founded in Bangladesh. Yunus notes that conventional banks typically seek out wealthy, lower-risk borrowers, whereas Grameen Bank intentionally “looks for the absolutely poor” to provide microloans.
He suggests this challenged traditional banking norms. Yunus also makes the philosophical point that everyone has entrepreneurial spirit, but many living in poverty lack the means or opportunities to realize their potential. Grameen Bank aimed to fill this gap by offering small loans to even the most impoverished so they could start micro-businesses.
The overall interpretation is that Yunus believed poverty should not preclude people from accessing credit to better their lives through self-employment and entrepreneurship. He saw microfinance as a way of empowering disadvantaged populations by recognizing their humanity and potential beyond their immediate circumstances according to his perspective outlined in this influential quote.
Dave Barry: Get Rich Click
on Thursday, December 29, 2016Dave Barry, “Get Rich Click” Money Quote saying in 1999 that everyone but you got rich by starting internet businesses, especially goofy looking nerds. Dave Barry, “Get Rich Click” said:
“Everybody — by which I mean :not you — is getting rich off the Internet. We are constantly seeing stories in the media about young Internet entrepreneurs who look like they should be mowing lawns for spending money, except that they have the same net worth as Portugal” — Dave Barry
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In this quote, Dave Barry is once again using humor and exaggeration to comment on stories of young people achieving sudden wealth through internet businesses. Specifically:
- He jokes that “everybody” except the reader themselves is getting rich off the internet, implying widespread fortunes.
- He then provides an example of young entrepreneurs featured in the media who look too young to be so successful, but have amassed wealth comparable to entire countries like Portugal.
Barry aims to get a laugh by greatly exaggerating and playing with perceptions. His deeper message acknowledges the ability of internet businesses to potentially make ordinary people extraordinarily wealthy with the right ideas. However, through comedy he also aims to provide perspective on how uncommon and newsworthy such major successes truly are.
Overall, the quote satirically references the idea that internet-fueled wealth is within easy reach for many, while still recognizing the entrepreneurial opportunities the digital era has enabled for those with vision and skills. It’s a characteristically witty take from Barry on contemporary economic stories.
Tim Love: Money Just Happens
on Tuesday, May 17, 2016Tim Love Money Quote saying focus on building an idea as entity which can’t help but attract revenue if adopted by all involved in moving the enterprise. Tim Love said:
“Some people chase money. The greatest entrepreneurs drive the culture around an idea. Then the money just happens” — Tim Love
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In this quote, Tim Love is contrasting two different mindsets towards business – chasing money directly versus driving culture through new ideas. Love argues that the “greatest entrepreneurs” focus first on developing and spreading an innovative idea, concept or vision that shifts culture in some way.
They lead by championing a new way of thinking rather than simply pursuing profits. According to Love, when entrepreneurs take this approach of prioritizing cultural change over money, financial success often follows as a natural consequence rather than the primary goal.
The quote suggests the most impactful and enduring businesses are built by entrepreneurs who concentrate on revolutionizing an industry or space through their ideas, and let profits emerge as a byproduct of that cultural influence rather than aiming for wealth above all else.
You have a great idea. Now you need to uplift others to help you achieve your goals. #MakeIt #CNBCMakeiT #entrepreneur #entrepreneurship #MondayMotivation
Terry Starbucker: Big Hairy Audacious Goals
on Wednesday, March 28, 2012Terry Starbucker Money Quotation saying Having hugely ambitious plans for business success can lead to outperforming our wildest dreams to achieve them. Terry Starbucker said:
“Speaking of millions, entrepreneurs nurture the BHAG – the big hairy audacious goal – like a mother hen looking after her chicks. They protect and defend it as if their life depended on it (and come to think of it, in some situations, it does)” — Terry Starbucker
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In this quote, Terry Starbucker is referring to the ambitious long-term goals or visions that entrepreneurs set for their companies, which he terms the “BHAG” or “big hairy audacious goal”.
When he says entrepreneurs “nurture” and protect these goals “like a mother hen”, Starbucker means founders will fiercely shield and promote their bold aspirations for building an enormously impactful or valuable business, just as a mother chicken zealously guards her chicks.
He suggests entrepreneurs defend their lofty aims with tremendous determination, as if their “life depended on it”, since the goal is so core to their motivation and identity.
The quote conveys Starbucker’s view that establishing a daring long-term purpose acts as a driving force that founders will advance with immense care, commitment and defensive instinct.