“This Highway is for gamblers, better use your sense. Take what you have gathered from coincidence.”
Bob Dylan
One of the great American dreams is to be an entrepreneurial success. In our society being a successful business owner makes a statement about an individual’s work ethic, creativity, leadership and willingness to take risk. Successful business owners make a positive contribution to their community, and a lasting impact on the lives of many.
Perhaps part of their allure is successful entrepreneurs defy the odds. The vast majority of businesses are not successful. Despite all that has been written about how to start and operate a business, business failure is much like history — it is sure to be repeated. However, entrepreneurial success is also repeatable. Many entrepreneurs move from success to success with a recognizable pattern. At the root, there are business community mentors and sponsors, and capital raised and risked. Successful enterprises are planned, and then progressively built on a repeating loop of opportunities met with effective action. Successful entrepreneurs finish well with a managed exit strategy.
“Sometimes the Bull Wins” will be a collection of short posts and essays exploring the evolution of our business sensibilities and the underpinnings of our business efforts. The blog is intended for anyone operating a small or medium-sized IT professional services business, or thinking about starting one someday. Franchisors and channel management firms may also want to read it very carefully. Our commitment is to pack it with great ideas, and inspire conversations that produce ideas — any one of which could make a material difference at critical junctures in the start-up, development, and sale of an enterprise.
©2009 Ancala Equity Partners / Timothy P. Fargo all rights reserved
Next: Discovering truth in the context of reality; then taking action.
Tags: Business, Entrepreneur, Marketing, Motivation, Sales, Start-ups, Technology, Uncategorized
Greetings Tim,
Great idea. I am looking forward to your postings. I would also be honored to have you join and introduce yourself on my Alaska innovation and Entrepreneurship Support Group Blog. You have an inspirational story that can motivate want-to-be’s to become more engaged.
Allan
http://www.linkedin.com/groups?gid=1548747
Hi Tim,
Really looking forward to your thoughts on this subject. I’ve always tried to subscribe to the idea that success leaves clues and though it may appear so at times, is not an accident. Gaining insight into your experience and achievements will be invaluable for aspiring entrepreneurs and future business leaders and those of us trying to get it “right” the second or third time around.
Scott
Tim,
Yes, thorough preparation, commitment, integrity of the enterprise, creative personal involvement and the risk taking of performance in the arts does relate to this in a meaningful way. I’m looking forward to the insight we’ll be continuing to gain from you in this format.
sherry
This is exciting. I believe your insights, shared experiences and comments will be helpful to a wide variety of entrepreneurs and extend well beyond IT professional service businesses. I look forward to learning how to better identify the patterns that lead to long term successful businesses. Thank you for taking the time and effort to share your successful track record, lesson’s learned and real world experiences with the rest of us.
David –
Hey Tim,
Great to hear from you and I look forward to your insights and thoughts. I was just thinking about you the other day…..lasting impact on my career. Bring it on. Help us navigate this crazy economy we are facing.
Dwight