Pocket Thoughts #2 - Management Styles and The High School Downfall

Welcome to the Second Episode of Pocket Thoughts! In today's 21st century the word entrepreneurship conjures up feelings of optimism, success, and happiness. The world of entrepreneurship is viewed as a glitzy, almost heroic career, with a guaranteed pathway to riches and success! You've seen how it works on T.V. social media, and the YouTube channels. Entrepreneurship is the most awesome career you can find. Just dream up a great idea, talk to a guru about how to market that idea, make a website, and BANG you might as well buy your mansion now! Purchase that Ferrari you've always wanted and prepare yourself to date the hottest woman in the world. After all, you are an entrepreneur, you will be printing cash in a matter of days. WRONG! We are four entrepreneurs with backgrounds in medicine, logistics, accounting, and tech with very different experiences. Therefore, we will share true stories, life lessons, successes and struggles with you all every week to give you a real inside look to the life of an entrepreneur.

Topics on this weeks show:

• 01:52  - “He [Abe Lincoln] wrote a long letter, to that individual, and then stuffed it in his desk”
• 3:32 - “I think I would rather have someone tell me to my face what I am doing wrong or a time that I upset them, so I wouldn’t do it over and over and over again. Rather than having it locked away”
• 8:51 - “Do any of us here take criticism differently?”
• 11:57 - “Are you just getting that feedback from that one person or have you gotten that feedback numerous times? If you have gotten that feedback numerous times that probably means that there is an issue there”
• 16:08 - “Is there a style out there that you actually think we could apply to everybody or is it all based off of reading each individual?”
• 23:52 - “Our management style was horrible, we couldn't manage ourselves as partners in a company”
• 37:49 - “You just need to communication what your expectations are, really sit down and figure out what your expectations are and make sure everyone else knows what they are”
• 42:11 - “You’re in it together, whether good times or bad times, the best managers just know how to figure it out together as a unit”

Presented By: Educating Entrepreneurs