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Archive for the 'Resources' Category

3 Tips for Turning Lack of Resources into Strength

By: Tim Ferris

Intro

1.    Write down the positives of whatever you’ve been viewing as a negative.
2.    Consider the negatives of the opposites.
3.    Look for dark horse role models.

The amazing Olympic hopeful Oscar Pistorius. Alibaba.com, which pairs non-Chinese companies with Chinese suppliers, rode its IPO to a $26-billion valuation. Its founder, Jack Ma, explains his secret for success:

There were three reasons why we survived. We had no money, we had no technology, and we had no plan. Every dollar, we used very carefully.

Read that one again.

Excuses not to jump into the unknown are a dime a dozen. In the case of entrepreneurship, the “I don’t have” list — I don’t have funding, I don’t connections, etc. — is a popular write-off for inaction.

Continue reading ‘3 Tips for Turning Lack of Resources into Strength’

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