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        <title>Revish reviews: 'business'</title>
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        <pubDate>Tue, 06 Jan 2009 01:43:53 +0000</pubDate>
        <category>Book reviews</category>
        <ttl>60</ttl>
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            <title>Lucky or Smart?: Secrets to an Entrepreneurial Life by Bo Peabody</title>
            <link>http://www.revish.com/reviews/140006290X/mchua/</link>
            <description><![CDATA[<p>Great inspiration for young entrepreneurs</p><p>Summary: Bo Peabody tells, in amusing vignettes, the story of how he became an entrepreneur and the lessons he learned along the way. </p>

<p>Review: One of those slim little books that's good for inspiration if you're a youngster working on starting your own business. If I get a copy, I'll be putting it on my &quot;pick-me-up&quot; bookshelf.</p>

<p>N: The chapter headings themselves contain great advice - here they are: Lucky or smart? Entrepreneurs are born, not made. Entrepreneurs are B-Students, Managers are A-Students. Great is the enemy of good. Start-ups attract sociopaths. Practice blind faith. Learn to love the word &quot;no.&quot; Prepare to be powerless. The best defense is a gracious offense. Don't believe your own press. In fact, don't read. Always be selling your stock. Know what you don't know.</p>
<p>Q, xii: I was smart enough to realize I was getting lucky. (what Bo Peabody says when people ask him if it was luck or smarts that made him successful)</p>
<p>Q, 4: Lucky things happen to entrepreneurs who start fundamentally innovative, morally compelling, and philosophically positive companies.</p>
<p>Q, 5: In other words, the best way to ensure that lucky things happen is to make sure that a lot of things happen.</p>
<p>Q, 5: ...the entrepreneur has two tasks: 1. Create an environment where smart people will gather. and 2. Be smart enough to stay out of the way and let luck happen.</p>
<p>P, 15-18: Good managers are A students. A students know one thing and know it very well and want to do things perfectly all the time. Good entrepreneurs are B students. B students aren't good at any one thing, but they can do many things with some degree of competence.</p>
<p>Q, 19: Greatness is exactly the wrong thing for entrepreneurs to strive for. I tell my colleagues: &quot;Never let great be the enemy of good.&quot; A good decision made quickly is far better than a great decision made slowly.</p>
<p>Q, 20: Start-ups are like extreme-skiing runs. The person who wins is the one who screws up the least and doesn't die. Success in a start-up is being around tomorrow, a lot of days in a row.</p>
<p>Q, 21: If you survive, you will succeed. (Talking about startups)</p>
<p>Q, 22: Ordinary people don't agree to work for start-ups. They go get ordinary jobs. So, as an entrepreneur, you'd better like odd people, because that's who is going to agree to work with you.</p>
<p>N, 31-32: Bo tells the story of how he &quot;rejects his rejection&quot; from Williams College and works with the admissions department to prepare himself to go to that school the next year. Good advice for someone who wants to do anything.</p>
<p>Q, 32: Train yourself not to shut down when you hear the word &quot;no.&quot; That is in fact just the time to really start fighting. No human being likes to say &quot;no&quot; to another human being. When he does, he is at his weakest moment. Take that opportunity, and start selling.</p>
<p>Q, 50: Good VCs know that the key ingredient in a start-up's growth is not how big the company actually will be but how big the entrepreneur thinks it can be.</p>]]></description>
            <author>team@revish.com (Mel)</author>
            <comments>http://www.revish.com/reviews/140006290X/mchua/#comments</comments>
            <pubDate>Sun, 29 Apr 2007 09:54:21 +0000</pubDate>
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