Focus like the point of a pencil

by scott pickard

Innovation Entrepreneurship in general: http://blog.gcase.org/ | bootcamp: www.nxlevel.org | CEOs: Business Rock Stars | credit card: founderscard | education: deshpandefoundation, http://edcorner.stanford.edu, www.kauffman.org | entrepreneurship 101: www.fasttrac.org | focus: Focus like the point of a pencil sp | food & restaurants | handmade: craftsvilla, elo7 brazil, etsy > DIY | kids: lemonadeday | microloans to entrepreneurs: www.kiva.org | MIT Forum: http://enterpriseforum.mit.edu | napkin entrepreneurs | necessity entrepreneurship | news: quibb | research and teaching: www.effectuation.org | social networking: Global Entrepreneurship Network, TIE | startup religion: www.moltz.com | TV: shark tank | workspace for entrepreneurs: dogpatchlabs | young entrepreneurs: extremetour, lemonadeday , livewire 16-30 elevator pitch: You've only got 3 minutes sp | pitch yourself: crushpath failure: Failure is inevitably a part of discovery. | forums: Failure:Lab | How business failure paves the way to success | mistakes in judgement: jump the shark resiliency: The best thing to do to stay calm and deal with the risk of starting a business is to think of the worst thing that can happen to you (bankruptcy, being sued, going broke, getting divorced....) and then figure out a plan to deal with it and recover from the worst-case scenario by breaking apart each problem and figuring out a solution.  Once you go through this thought process and convince yourself that you can survive this adversity, then you can move forward with resolve and not constantly fret over the risk.  This is entrepreneurial resiliency. sp self-assessment: Are you willing and able to bear great financial risk? Are you willing to sacrifice your lifestyle for potentially many years? Is your significant other on board? Do you like all aspects of running a business? Are you comfortable making decisions on the fly with no playbook? What’s your track record of executing your ideas? How persuasive and well-spoken are you? Do you have a concept you’re passionate about? What is it about you and your team that gives an investor confidence that you will succeed? social entrepreneurship: avaaz | food: growingpower | funding: theimpactengine | getup | incubators: theimpactengine, unreasonableinstitute | L3C | moveon | performance management of human services: socialsolutions | prizes: The Purpose Prize | the feast | therespublica students: funding: nciia | note-taker | solar farm | under30ceo your idea: What is so badly broken in the industry that consumers are desperately seeking a solution? What is your solution? How big is the market? How do you make money? How do you plan to reach your customer? What is it about you and your team that gives an investor confidence that you will succeed? books: Entrepreneurship Kuratko | failure: Adapt: Why Success Always Starts with Failure Harford, Bounce! Moltz | The New Artisans Dupon | The One-Hour Activist Kush

focus like a pencil

One of the most dangerous traps an entrepreneur can fall into is to get unfocused and spread thin across too many things they can do. The old saying is a mile wide and an inch deep. An entrepreneur friend once told me that the venture capitalist that funded him made him see the wisdom of “focusing like the point of a pencil” to get one product to market, because entrepreneurs consistently underestimate how much energy and focus it takes to accomplish that feat.

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Due Diligence List

Due Diligence List has over 2,000 good due diligence questions organized under fourteen major functional areas of the business.  There is also a sister book, Leaders Ask Good Questions, which has the same questions organized alphabetically.

Print the Legend (Netflix documentary)

Manufacturing and Distributiona 3D  search in general: augmented reality: www.t-immersion.com | baseball cards: www.t-immersion.com | body scan & measure: http://it-fits.info | books: Tactile Picture Books Project | CAD: spaceclaim | drawing and sketching: JJKAirbrush, pixologic, 3Doodler pen | facility/process modeling: www.geomagic.com, www.quantapoint.com | free models: grabcad | gaming: musegames | learning: 3dvinci | maps: popviewmaps | presentations: impress.js | software tools: geomagic, autodesk, sketchup, spaceclaim | tour: floored, Google Business Photos | 2D-to-3D conversion: legend3D movies | training: tactustech | TV: shop printing and carving: www.dimensionprinting.com, makerbot, shapeways | animation-to-print | buildings: Canal House, sand castles to buildings | carving: Carvey | collaboration: thingiverse | handheld: lixpen | movies: Print the Legend | printers: Isis3D, printeer kids, printrbot, 3dsystems, Voxeljet Drawing | Product Engineering

3D printing will one day give us the power to make almost anything, but to handle that power responsibly, we must start by asking how we want to make ourselves.