Monday, December 17, 2007

Mistakes


I made a lot of mistakes out of the ring, but I never made any in it.
(Jack Johnson, the first African American heavyweight boxing champion)

Owners are different from employees because owners are paid to make mistakes while employees are paid to not make mistakes in the corporate environment that the owners have created. The same way that Jack Johnson made a lot of mistakes outside of the ring but never inside of it, an owner makes many mistakes in the startup phase of a business trying to perfect the finished operational corporate environment. Remember that it's the act of doing, making mistakes, learning from the mistakes and doing again that will ultimately lead to a fully operational business.