It seems to be almost impossible to talk about entrepreneurship and not, at some point, come across Bill Gates’ story.
“Every now and then I like to pick up a copy of Time magazine and read every article from beginning to end, not just the articles that interest me most,” says Gates. “That way you can be certain to learn something you didn’t know previously.”
Learning is an essential ingredient of any successful business. As soon as you close your mind to the possibility of another reality, you are closing yourself off to other greater opportunities that lie waiting for you. “In this business, by the time you realize you’re in trouble, it’s too late to save yourself,” says Gates. “Unless you’re running scared all the time, you’re gone.”
In order for Microsoft to have maintained its competitive edge for the past three decades, it was crucial for Gates and all his employers to engage in a process of continual learning. For Gates, “‘I don’t know’ had become ‘I don’t know yet.’”
Link: Young Entrepreneur
Link: Life of Excellence