Leadership Blog

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The NBA was disrupted on Friday night when the biggest Free Agent and 2019 NBA champion announced his future home. For those who follow the NBA, you know who we are talking about. Our interest on this topic is that it is a great case study on the concept of Free Agents and Leadership.

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The War for Talent is ever so brutal. With no signs of recession around the corner, employers are looking for talent from an ever so decreasing pool of applicants. Poaching other businesses' top talent is the current Modus Operandi. "Now Hiring" signs can be seen everywhere you look on the Streets...

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We have had numerous interviews and discussions with successful Entrepreneurs. The two common factors we have seen in successful Entrepreneurs are Hunger and Hustle. Normally, this is seen in Entrepreneurs who grew up in humble beginnings and had nothing to start with. Entrepreneurship is not easy and there is something that differentiates the successful versus the not so successful.

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One of the hardest professions in a booming economy is that of a startup Entrepreneur.  The most well known statistic that entrepreneurs face is that 90% of startups fail. Some lawyers and M&A experts have told us this statistic is more like 99%.  But whether the figure is 90% or 99%, the reality is that entrepreneurs go through a lot of C.R.A.P. on the path to entrepreneurial success.

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You see it in business a lot these days where companies and investors pay "lip-service" to supporting disruptive ideas and businesses. Maybe, in a protective way, these companies are maintaining the status quo. There are many examples of this "lip-service" in technology and entrepreneurship with respect to startups. Did you believe in social media or ecommerce in the early days of the industry? Did you believe in entrepreneurs such as Mark Zuckerberg, Jeff Bezos, Crazy Jack Ma or Marc Benioff?

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In business and life, there has to be a higher purpose other than making money. Purpose motivates not money in the long term. We believe any Entrepreneur can make money but it is a rare Entrepreneur that will make a difference. As entrepreneurs, we don't wait for others to lead a revolution. We are not only dreamers but doers. Will you make a difference as an Entrepreneur?

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