Monday, March 19, 2018

Entrepreneurial Summit and Me



What I Learned at the Entrepreneurial Summit 

I’ve owned my own business since 1995 and I can say for sure that one of the toughest things about being an entrepreneur is not getting enough regular feedback from people who think like you.  That’s why I jumped at the chance to attend this year’s City Summit. Conceptualized by Entrepreneur, Ryan Long,  the City Summit and its charity event, City Gala in 2014 were created  in order to assist startup, non-profit organizations obtain seed funding so that they could launch into a full-fledged business.  The idea was to bring highly visible and influential individuals to speak on behalf of the charitable organizations and attract large donors and sponsors – and it certainly seems to be working. 

In fact, the mantra of one of my favorite speakers – Jeff Hoffman, the founder of Priceline among other successful ventures -- was “entrepreneurship is the shovel you use to dig a path to the future” he said, “my mission in life is to pass out as many shovels as I can.” He then proceeded to tell stories like how he helped fund one young Peruvian girl’s dream of building a coding school for underprivileged girls and how he organized a ship of young entrepreneurs to sail around the world for 90 days and study and then solve everyday problems of third world communities. 

Keynote speaker, Ashton Kutcher, was humble and sincere and full of good stories.  A few of the most memorable tips from him: Readers are Leaders; always be learning; be sure and tell the mentors in your life what they mean to you; and, make sure to schedule time for your family – it’s an investment that will definitely pay off.  Tai Lopez, who Forbes named one of the Top Ten Business Influencers in the U.S., even had people shout out their website URL’s so we can all view them together as he made game changing suggestions to improve them. The panels were a special treat, since sometimes the speakers’ inspiration was each other!  Like Tom Bilyeu, the co-founder of Quest Nutrition and Impact Theory who said he was so moved by the story of the first business failure and epic recovery of fellow panelist Jay Samit, a Vice Chairman at Deloitte.  Jay has a long and dynamic track record of adapting and disrupting industries that are facing change.  Because of that exchange, ever since the summit I’ve been listening to Samit’s amazing new book, Disrupt You, on Audible.  

If you’re a thinker, a dreamer and a doer with guts and grit (the secret sauce for entrepreneurs that we heard again and again), make sure to book a seat for next year’s City Summit and see if you don’t feel as I did – picture the famous movie character, Rocky, up against the ropes in between bouts in the boxing ring when his trainer slaps his face, wakes him up and says he can do it, he can be the champ and make his dream come true!

Below are a few samples of the insights that were shared on two afternoons at #citysummit:

  • Seek the Counsel of Successful People  
  • Listen to good opinions – we are a reflection of who we hang out with.
  • Small Businesses are Job Creators!
  • Mentor Someone for One Year
  • Ask yourself what are THE 25 BOOKS THAT HAD THE MOST IMPACT ON YOUR LIFE?
  • Does what you’re doing give you more energy than it takes?
  • Be Prepared for Adversity; Don’t take it personally
  • Remember why you started this in the first place.
  • Be kind to your future self
  • Make sure you show people that they matter
  • Tell people what you do in under 15 words. 
  • Put videos on the homepage of your Website – instead of pics of hands and the back of heads!
  • Surround yourself with people smarter than you are
  • You are an entrepreneur – don’t forget to enjoy the ride!
  • YOUR MINDSET is the engine that DRIVES EVERYTHING

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