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5 Lessons For Entrepreneurs

by ian-lurie

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You learn some pretty hard lessons in 20 years of entrepreneurship. Hopefully, you can avoid some of my mistakes by reading this presentation.
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  • 1. LESSONS LEARNEDIN 20 YEARS AS AN ENTREPRENEUR 5IAN LURIE CEO, PORTENT @PORTENTINT
  • 2. WHO IS THIS GUY? @PORTENTINT CEO, FOUNDER, PORTENT, INC. WWW.PORTENT.COM
  • 3. SINCE 1995
  • 4. SINCE. 1995.
  • 5. I’VE BEEN THROUGH A LOT (AND I’VE HAD MY MOMENTS)
  • 6. SOME STUFF IS FINALLY SINKING IN guess i shouldn't have done that
  • 7. MY 5 LESSONSjust mine. your results may vary.
  • 8. ENTREPRENEURS these lessons are for you don’t have to be one
  • 9. BELIEVE IT 1IT’S WHAT GUIDES YOUR WORK
  • 10. IT’S PERSONALdon’t let anyone tell you different
  • 11. LIVE ITin the way you work
  • 12. KNOW WHYyou’re doing this
  • 13. LOVE ITenough to learn it
  • 14. LOVE ITenough to teach it
  • 15. THE CUSTOMER IS NOT ALWAYS RIGHT
  • 16. WHEN YOUR GUT SPEAKS LISTEN
  • 17. BALANCE 2LIFE, WORK AND HEALTH
  • 18. YOU CAN WORKany 100 hours/week you want
  • 19. YOUR FAMILYmust support what you’re doing
  • 20. YOU STILLhave to clean the toilet now and then
  • 21. YOUR 1ST DUTYis to remain standing
  • 22. YOU’RE NOT CAPTAIN AMERICA YOU’RE A GRUNT
  • 23. TREAT YOURSELFyou deserve it
  • 24. YOU DON’T HAVE A.D.D. you’re just disorganized
  • 25. BECOME A MASTER TIME MANAGER it’s your most precious resource
  • 26. GROWTH 3MUST BE SUSTAINABLE
  • 27. YOU ARE TAKING RISKS NOT CRASHING CARS be smart
  • 28. HIRE FOR INTELLIGENCE NOT SKILLS anything can be learned. if you can think.
  • 29. HIRE FOR EQ NOT POLISH they can always wear a suit
  • 30. TEACH THE SH#T OUT OF EVERYTHING
  • 31. LEARN THE SH#T OUT OF EVERYTHING
  • 32. WORK AT THE EDGES DELEGATE THE MIDDLE expertise leadershipexecution
  • 33. DO THE MATHit doesn’t lie (but it may fib)
  • 34. SET CLEAR, MEASURABLE GOALS for yourself and others
  • 35. CHANGE IS GOODuntil it’s not
  • 36. DON’T WAIT FOR THE PERFECT TOOL forever is a long time
  • 37. CASH FLOW IS KING you can’t breathe without air
  • 38. TRUST 4BUILD IT. DEMAND IT.
  • 39. INTEGRITY IS THE ACE it’s not a renewable resource
  • 40. DON’T FART IN PUBLIC people remember that
  • 41. IF YOU CAN’T TRUST THEM FIRE THEM employees or clients
  • 42. SET CLEAR STANDARDS ‘be great’ doesn’t do it
  • 43. CRAZY ISN’T MOTIVATIONAL no one likes working for a nutjob
  • 44. TAKE A TIME OUT before you explode
  • 45. NICE IS NOT HELPFUL it’s destructive
  • 46. LEADERSHIP5IN ALL THINGS photo by richard masoner
  • 47. LEAVE YOUR EGO AT THE DOOR it’s distracting
  • 48. LISTEN, THEN DECIDE please. pre‫﬛‬ please.
  • 49. YOU DO KNOW WHAT YOU’RE DOING even when you don’t
  • 50. FOUNDERS MUST BUILD THE THING it’s hard to run the business otherwise
  • 51. CEOs MUST KNOW THE WORK otherwise they make bad decisions
  • 52. REVEAL TO DISCOMFORT it beats hiding
  • 53. THINGS GO WRONG it’s how you react that counts
  • 54. NEVER EVER EVER EVER stop learning in public
  • 55. THE PEOPLE who taught me
  • 56. BEN HOROWITZ THE HARD THING ABOUT HARD THINGS
  • 57. PATRICK LENCIONI EVERYTHING HE’S WRITTEN
  • 58. GUY KAWASAKI ENCHANTMENT
  • 59. STEPHEN AMBROSE D-DAY
  • 60. DORIS KEARNS GOODWIN TEAM OF RIVALS
  • 61. STEVEN JOHNSON THE GHOST MAP
  • 62. ALL OF HISTORY great leaders are great teachers
  • 63. MY WHOLE FAMILY through patience & occasional lack thereof
  • 64. EVERYONE I’VE WORKED WITH with judicious eye-rolling & support
  • 65. MIND YOUR PARTNERS and yourself
  • 66. LOVE WHAT YOU DO to your core, without question
  • 67. DO IT WELL and be‫﬙‬er every day
  • 68. STAY HUMBLE enough to learn
  • 69. STAY ARROGANT enough to lead
  • 70. THANK YOU ian lurie @portentint ian@portent.com www.portent.com
  • 71. other presentations by me:
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