Entrepreneurs vs Suits

And that’s the absolute difference between corporate and entrepreneurial mind-sets. A suit looks at reports. If reports say this is selling, it’s design more of this. The entrepreneur says, “I feel a change coming around the bend, we need to get out of this and start getting into that. That is the new trend.” The corporate mind-set won’t do that unless they take a survey of one hundred people. The entrepreneur says, “It doesn’t matter what they say they want because they don’t know they want it yet.”

A good management team is able to meld what the entrepreneurial mind says is coming next and what the corporate mind says is working now. One is gut and the other is report.

The Glitter Plan: How We Started Juicy Couture for $200 and Turned It into a Global Brand by Pamela Skaist-Levy, Gela Nash-Taylor, Booth Moore

From the first chapter:We just wanted to create something people loved and a work environment that made us happy. That’s our version of the American Dream. That’s the glitter plan.

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