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Archive for October, 2007

This is an interesting short-story that gives a perspective for entrepreneurs’ risk taking abilities. 

A long while ago, a great warrior faced a situation which made it necessary for him to make a decision which insured his success on the battlefield. He was about to send his armies against a powerful foe, whose men outnumbered his own. He loaded his soldiers into boats, sailed to the enemy’s country, unloaded soldiers and equipment, then gave the order to burn the ships that had carried them. Addressing his men before the first battle, he said, “You see the boats going up in smoke. That means that we cannot leave these shores alive unless we win! We now have no choice – we win – or we perish!

They won. [From Napolean Hill’s classic book]

The Man Who Burnt Bridges

 

Exceptional leaders (from the book “WHAT MAKES jack welch JACK WELCH”) had experienced exceptional personal growth in the following five critical areas:

  1. Appetite to lead

  2. Character

  3. The confidence to seek challenges

  4. Ability to engage and inspire others

  5. and most importantly CONFRONT RISK.

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