Hiring people is an art, not a science, and resumes can't tell you whether someone will fit into a company's culture.
I started The Body Shop in 1976 simply to create a livelihood for myself and my two daughters, while my husband, Gordon, was trekking across the Americas. I had no training or experience and my only business acumen was Gordon's advice to take sales of £300 a week. Nobody talks of entrepreneurship as survival, but that's exactly what it is and what nurtures creative thinking.
You want to be extra rigorous about making the best possible thing you can. Find everything that's wrong with it and fix it.
We strive to hire and retain only those who embrace our MBM® Guiding Principles, which encompass integrity, compliance, value creation, Principled Entrepreneurship, customer focus, knowledge, change, humility, respect and fulfillment.
Keep an idea log where you write everything down, even the bad ideas.
We are the market, we know what we want.
We've tried to keep as cheap and lean an operation as possible.
In a startup, absolutely nothing happens unless you make it happen.
If you want to succeed, you've got to be okay to just lose control.
Success is very much the intersection of luck and hard work.
People have different interpretations of "urgent".
We can't be afraid to be weird.
The more people we have on our team. the less room there is in the elevator and the more complicated everything gets.
Let us choose to unite the power of markets with the authority of universal ideals. Let us choose to reconcile the creative forces of private entrepreneurship with the needs of the disadvantaged and the requirements of future generations.
I built a conglomerate and emerged the richest black man in the world in 2008 but it didn’t happen overnight. It took me 30 years to get to where I am today. Youths of today aspire to be like me but they want to achieve it overnight. It’s not going to work. To build a successful business, you must start small and dream big. In the journey of entrepreneurship, tenacity of purpose is supreme.
One of the biggest hurdles in the path of entrepreneurship is home loans!
It's okay to doubt yourself, it's okay to feel down; just never give up.
People do make judgments of trust on appearance - in the real world and online.
I believe the American dream is still alive and that education and entrepreneurship together are its key enablers. Through the years I have observed the power of this combination when the two forces work in tandem. Together they lead to personal success, business success, and societal success.
The intellectual and social climate needed to allow entrepreneurship to thrive will not exist in advanced capitalism.
The truth is that entrepreneurship is more like a roller coaster ride than a cruise.
A lot of technologies in the world were unusual in the beginning, and became standard. That's the beauty of bottom-up entrepreneurship and innovations.
Future public education will require involvement and collaboration among various local, civic, private and nonprofit entities, a concept I like to refer to as community entrepreneurship.
The more we can encourage entrepreneurship, particularly for young people, the more they have hope. That requires some reforms in these [African] governments: rooting out corruption, increased transparency and how government operates, making sure that regulations are not designed just to advantage elites, but are allowing people who have a good idea to get out there and get things done.
Entrepreneurship isn't for everyone, and not everyone is going to be an entrepreneur, but women who turn to business, turn to economics, because there are people depending on them, I think that their creativity, their resilience, their spirit, embody what's best about entrepreneurship.
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