"What do you recommend to entrepreneurs trying to build a business, to focus on, have in mind to be successful?" was one of many questions asked by Phil Weiser and Larry Nelson and directed to James Crowe, CEO and President of Level 3 Communications. James said, "Asked often, my answer is always the same. Passion! Quite a number of people want to be entrepreneurs because of the rewards. They think that Larry Page and Sergey Brin at Google are who they want to be. Or Bill Gates, or fill in the blank… of people who very prominently had the success from that “great entrepreneurial idea”. One ought to undertake that kind of effort, clearly understanding that you give up a great deal. Balance in your life is gone. You have to spend an enormous amount of time working on your idea, to the exclusion of what many others think are the normal things in life. And if you do it to simply because you think you’ll get rich, you run a high probability of disappointment. If you do it because you are passionate about your belief, or idea or your effort – then the reward is separate and distinct from any monetary returns. I'd say unless you enter it with that kind of belief, you’re going to have every opportunity to be very unhappy with the outcome." They also asked him what the turning point in his life was. Part 2 of 2 Listen for more...
Related Links: Communications Technology Professionals || CTP Channel || Level 3 Communications || Silicon Flatirons || BYTES: 24414984
Comments