Entrepreneurs have stay calm for success.The each step and breathe are waiting for a combination of success and failure.Set up their minds to overcome failure. Arise Robism

1. ENTREPRENEURIAL LESSONS
- MICHAEL JORDAN
by
Arise RobyARISE TRAINING & RESEARCH CENTER

2. It’s About Knowing Where You’re
Going
An entrepreneur must have a clear path
which he has to take towards his
destination. Since you have taken the
challenge of starting a venture, things
will change along the way.There can be
time when you need to pivot or
implement a different solution from
what you had initially thought. In spite
of these things, you need to stick to a
clear vision and problem that your
startup is trying to solve. And after
succeeding, the road to where you’re
going may look a lot different than it
did when you first started. Never forget
where you are going as an
entrepreneur with your company.
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3. Don’t Forget Where You Came From
This wise saying is as applicable
in your life as much in your
entrepreneurial venture. It is
true that entrepreneurs’vision
is more than just money, but
money can often change
people and make them forget
their humble beginnings. Don’t
ever forget that burning desire
you had the first day you
started. Never forget your
family and your close friends
that were there before you
started upon. If you are able to
harness this then no money or
fame can ever change you.
ARISE TRAINING & RESEARCH CENTER

4. HAVE THE COURAGE TO FAIL
The courage to face failure bravely
makes you stronger. The concept
of failure is a little
misunderstood. They say that,
“it’s okay to fail”, but in
actuality you shouldn’t let your
startup as a whole fail. Startup
ventures are a mixture of
victories and failures. You must
embrace these failures so that
you can learn and adapt better.
You learn what went wrong,
what’s bad, and how to prevent it
from happening again. You build
up a resistance to that specific
instance of failure.
•
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5. Don’t Break When Broken
Starting a company is like a roller-
coaster ride. Like a sine wave
curve there are crests and
troughs. While facing downfall,
you will feel broken inside. You
will intensely feel that it is time to
give up. Thoughts like quitting
yourself, selling the company,
taking a weak deal, or even
calling it quits on a smaller scale
will flood your mind. But NEVER
GIVE UP YOURSELF to these
thoughts. For the most part,
something that makes you feel
broken should not break you. The
true also holds same for the
opposite.
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6. Take Everything Given To You And
Make Something Better
Society is all about progression,
especially in technology and
software. The greatest technologies
take the fundamentals of what
already exists in some form, but
improves them with the new pieces
that have evolved. As an
entrepreneur you will frequently find
new tools and innovations brought
into the open by other
entrepreneurs. Take every single
significant thing you can find and
install in to your product to make
something much better. We literally
get nowhere with contentment, but
get everywhere with advancement.
Don’t change the game, evolve the
game.
ARISE TRAINING & RESEARCH CENTER

7. WORK BEFORE GLORY
The best entrepreneurs are modest
and don’t really care about the
glory. The most important lesson
you can learn is to keep a level
head and be humble. Don’t think
about the next press article that
gets published about your
company as in the long run there
will be too many of them that it
won’t even matter. Your focus
should be on the work you do
instead of the side benefit of glory.
Your work will live on forever, but
the glory will fade away when the
next acquisition or rumor pops
up. Legends are products of their
work, NOT their glory.
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8. DO WHAT THEY SAY YOU CAN’T
Many people who are not even
strangers, but close friends
and family members will tell
you that it can’t be done or
that it is too crazy. They will
tell you that it can’t be built
or you won’t be able to
accomplish a small goal.
The only way to prove them
wrong is to do it. The
competitive nature of
entrepreneurship is a fun
one.
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9. It’s Not About The Tech, It’s About What
You Do With It
• The tools and technology that
is available to entrepreneurs
just keeps on mounting.
Whether it’s social, HTML5,
geolocation, node.js, cloud
services, or whatever else,
that’s not what this is about.
• Those tools by themselves are
cool, but not that useful. The
technology tools are like an
artist’s paint brush or a
baseball players bat. It’s about
what you decide to create with
those tools.
ARISE TRAINING & RESEARCH CENTER

10. BE SCARED OF WHAT YOU WONT BECOME
Entrepreneurs have a very big
and long term vision. You
as an entrepreneur must
keep in mind that it you
won’t reach there now, but
over time you eventually
will. You must look at
decisions as if they might
compromise what you could
become. If you take the easy
route and make the wrong
decision, you will not
become what you should be.
That should completely
scare you.
ARISE TRAINING & RESEARCH CENTER

11. Make Others Scared of What You
Could Become
• Your vision should be so mind
numbingly ambitious and huge,
that it scares Google or other big
companies, if they ever thought of
entering your market. Today you
might be something small, but if
you play your cards right, what you
end up becoming is scary. The
really smart entrepreneurs aren’t
scared of the bigger guys as much
as they are of the smaller, more
agile startups that COULD
BECOME who they are now. At
some point, everyone was no one.
ARISE TRAINING & RESEARCH CENTER

12. DON’T FINISH WHERE YOU BEGAN
Startups are all about
momentum and forward
moving progress. Every
task, project, or new feature
should be able to take you
forward. It might even be
okay if it took you
backwards, as the journey
backwards is still a journey.
Spending a ton of time on
something and just ending
up where you began is
something you should avoid
as an entrepreneur.
ARISE TRAINING & RESEARCH CENTER

13. Know What Is Within You, Even If
Others Can’t See It
It is very unfortunate that people in startup
industry disregard others that aren’t in
crowd or are very visible. They look at
who an entrepreneur is now, but not at
the true future potential of who that
person will become. Jason keeps his
number on his blog public. He believes
that you never know who you might
meet. They might not be somebody now,
but over time they might become
somebody legendary. If you can help
them get there, it benefits everyone
involved. By helping others, you
eventually start to develop pattern
recognition for finding great talent,
which is a key component of being a
leader.
ARISE TRAINING & RESEARCH CENTER

14. PATIENCE IS MORE IMPORTANT
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