Entrepreneur; You got an Idea?

Just got out of an awesome meeting with the Cal Poly Entrepreneur club where the guest speaker was Dan, the owner of OneWay Board shop.

He had lots of stories to share about making mistakes and learning but some of the best advice he had was to let companies grow organically. So many big companies go corporate and lose the culture and vision for when they started, leaving them with nothing but lots of inventory and no costomers. So take your time, there are more important things in life then getting rich quick.

He also recomends working for an Entrepreneur since this will give you a place to grow while not risking everything you have. However, at some point, you need to take a leap into the unknown... thats what makes you different. Risk makes you and Entrepreneur.

The two biggest things he says that will keep the business alive in bad times is passion and margins. The only way to find out your margins is to get work experience in your field of business. The Japanese call this a gemba, or Go and See. Getting hands on work experience is necessary in making informed decisions for the future.

Dan had lots more to say but it was cool to see a local company start up and thrive with a business model and culture that is focus more on the community rather then the money.