As an entrepreneur, I would say that relationships are the key to any business endeavor, at least that’s true for me. That doesn’t minimize the importance of the other elements, however, especially experience and perseverance. I guess I’d call those three things the trifecta of entrepreneurship. Visit Ty Rhame Youtube for more videos.
This panel discussion features some savvy entrepreneurs who have valuable advice to offer about mistakes they themselves made on the path to success. They make some great observations, especially that the Internet creates opportunities for success, but you still need to work. “Failure is not an option.” Watch this video to get some great perspective.
Seth Godin and I are in agreement that risks can be considered as opportunities. If you fail, even dozens of times, you are still in the game and you have an opportunity ahead of you. As a pilot as well as an entrepreneur, I understand that risks need to be appropriate for what you’re doing. I’m a big believer in exploring and trying out new things – it’s what entrepreneurs do.