Keep your wits about you to keep your company successful: Only take intelligent risks, and seize the golden opportunity when chaos strikes. Develop your leadership abilities to work around your weaknesses and strengths. Hold a hackathon to inspire ideas. The growth of a company often results in rigid hierarchies. Instead, think of organizing occasional hackathons to keep your company innovative and fresh, where cross-functional teams work on a challenging project or problem for a day – you'll come up with creative options in a few days. A Silicon Valley hackathon, for example, saw a hundred entrepreneurs develop several innovative ideas for improving education on the way to London from San Francisco!
personal-developmententrepreneurshipbusinesstechnologyinspirational
15 min
8 Bite
InsightLinda Rottenberg is an American business person, author, and co-founder and CEO of Endeavor. She gives entrepreneurship and business seminars to Fortune 500 businesses. She also serves on the World Economic Forum's entrepreneurship steering committee.
Keep your wits about you to keep your company successful: Only take intelligent risks, and seize the golden opportunity when chaos strikes. Develop your leadership abilities to work around your weaknesses and strengths. Hold a hackathon to inspire ideas. The growth of a company often results in rigid hierarchies. Instead, think of organizing occasional hackathons to keep your company innovative and fresh, where cross-functional teams work on a challenging project or problem for a day – you'll come up with creative options in a few days. A Silicon Valley hackathon, for example, saw a hundred entrepreneurs develop several innovative ideas for improving education on the way to London from San Francisco!
"Even if your company continues to thrive, your ability to survive in it depends on your capacity and willingness to innovate."
"Job security these days depends on the same qualities that make good entrepreneurs: agility, imagination, persistence, execution."
"If you're not called crazy when you launch something new, it means you're not thinking BIG enough."
8 BitesListening to your friends and family is not the way to accomplish the impossible.
Early-stage businesses should take small, measured risks to prevent failure.
Manage the chaos! Chaos can be beneficial but try to focus on the right things.
Take inspiration from successful entrepreneurs with the same entrepreneurial personality type as you.
Continuous innovation and improvement are essential to the success of your business.
Entrepreneurs need mentors who can help them develop their leadership abilities to become successful.
Educate your employees about entrepreneurship as well.
Pick both your career and your family!
Big ideas, bite-sized lessons—feed your curiosity every day with Bitely!
