Friday, February 1, 2013

Rule#10: Play the game for life



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“We need 100,000 people in 100,000 garages trying 100,000 things – in the hope that five of  them break through.” – Tom Friedman


 Success


     For entrepreneurs, success means making money, creating impacts, and exploit your full potential.
“The freedom and security provided by a high income or a significant windfall are much  more important to highly successful entrepreneurs than the money itself.  At the deepest level, what matters most is finding a true measure of fulfillment – one that leave you feeling  that you have used all your talents to accomplish something worthwhile, make a difference  in people’s lives, and leave a legacy for those who follow.”

Why Am I Here?

     This is the question you should ask yourself over and over again. When you’re young, it’s obvious that you’re here to make money. But when you got rich, now what? Find the answer for yourself so that you can set goals in your life properly.
“Entrepreneurship isn’t just about solving a problem, building a venture, managing risk, or  making money. It’s about having a positive impact on the world, making the most of the gifts  you’ve been given, and realizing your full potential as a human being. An intelligent  entrepreneur, in short, plays this game for life.” 

Life is More Like Juggling than Balancing

Recommended reading: “Just enough” by Howard Stevenson and Laura Nash

     Key elements in work and life are happiness, achievement, significance, and legacy. It’s more like juggling than  balancing these four elements. Balancing is about allocating the right proportion to each element. But these four elements are not much related. You can have one without others. For example, you can be happy without the other three elements. But juggling is about throwing things in the air and keep a few in your hands. The most important ones--the one that you need to pay attention most--is the ones in your hands but the ones which is falling. So you need to pay attention to one of these four elements which is falling at the moment.

Source:The Intelligent Entrepreneur: How Three Harvard Business School Graduates Learned the 10 Rules of Successful Entrepreneurship by Bill Murphy Jr. 
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Book or Audiobooks?

Personally, I prefer audiobooks. It's fun, and I can listen when I'm doing something else. It also makes other activities (e.g., jogging) a lot more fun. For more detail about audiobooks, please read [this post].

There is one more reason that may encourage you to go for the audiobook version. You can get it now for FREE. Audible offers you a free trial for 14 days. Even if you get the book and cancel the subscription right away (so that you don't have to pay), you can keep the book. And, don't worry if you lost the audiobook file. Just log into audible.com. You can keep downloading the over and over again.
About the summary: It takes time to finish up a book. And, when you do, sometimes, you want to review what you learn from the book. If you do not make  notes as you read, you might have to go through the book once again. This can be time-consuming when you are dealing with a book. But you can still flip through the book and locate what you are looking for.

However, when the material is an audiobook, it is extremely hard to locate a specific part of content. Most likely you will have to listen to the entire audiobook once again.

This book summary will help solve the pain of having to go through the book all over again.

I am leaving out the details of the books. Most books have interesting examples and case studies, not included here. Reading the original book would be much more entertaining and enlightening. If you like the summary, you may want to get the original from the source below.

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