RSS at Feed BurnerEntrepreneur All-Star
I found an old post from Mark Cuban via The Great Success blog. The post discusses the idea that Entrepreneurs only have to be right once. Cuban says:
In basketball you have to shoot 50pct. If you make an extra 10 shots per hundred, you are an All-Star. In baseball you have to get a hit 30 pct of the time. If you get an extra 10 hits per hundred at bats, you are on the cover of every magazine, lead off every SportsCenter and make the Hall of Fame.
In Business, the odds are a little different. You don’t have to break the Mendoza line (hitting .200). In fact, it doesn’t matter how many times you strike out. In business, to be a success, you only have to be right once.
One single solitary time and you are set for life. That’s the beauty of the business world.
It is an interesting and accurate post. I think that nearly all Entrepreneurs that have achieved success in a business, have many other business which were not a success. To reach All-Star status in the entrepreneur world, you just need to hit one homer. To get that homer, it helps to have a lot of plate appearances. It also helps if you don’t try to bunt. Dream big.
on July 3rd, 2007 at 2:21 am
Thanks for the post. It was very interesting and provides positive hope for entrepreneurs.
on January 14th, 2009 at 2:29 pm
This is an amazing concept and is so applicable to todays situation. It is very easy to get discouraged, yet there are always riches in niches.
Here is to swinging full out!