Wednesday, February 3, 2010

John Goodman

John Goodman was great entrepreneur to listen to. she is a very interesting person. I got the feeling that she lives her life based on quotes and sayings.

One of the things that I took away from that day is rthat an entrepreneur is always learning. She spoke about putting 20% of you cash away even if you have to eat roman. I didn't get that her point at first but it sunk in eventually . I think she means that by putting cash away it gives one the freedom to take jobs or be in situations in which you can learn. Her example of her son was interesting. He is working for a failing company but is having a blast! Being able to do that takes a very distinct mindset.

I was glad that she didn't just lecture us the whole time but actually let us ask questions. Her points regarding advisors is something I found very interesting. I feel that itt takes a lot of burden off the entrepreneur if he has a good advisory board, even if they meet for free dinners. It means to me that an entrepreneur doesn't need to know all but put together a team that makes up for his lack of knowledge.

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