Archive for January, 2010

The Pebbles of Perseverance

Nobody trips over mountains.  It is the small pebble that causes you to stumble.  Pass all the pebbles in your path and you will find you have crossed the mountain.
~Author Unknown

As we enter into the first month of the New Year I am reminded of the important role perseverance plays for the successful entrepreneurloschiavo

Even in the most prosperous times starting an entrepreneurial venture can be a daunting process.  As educators, facilitators and mentors in the entrepreneurial ecosystem, we commit ourselves to providing every entrepreneur we encounter with a blueprint for success.  Our goal is to improve the odds in favor of the entrepreneur.  In reality, regardless of preparation and execution, “shift happens” that can instantaneously change the odds.  No matter how well conceived the business plan, it usually changes the minute it meets the marketplace.  The ability to persevere during those times of ambiguity, uncertainty and changes is the mark of a successful entrepreneur.

I believe Joseph Segel, founder of over 20 American companies, most notably QVC, summarized the importance of perseverance quite well.  When discussing the amazing success of QVC Joe said, “Everyone wants to hear about the one big success.  Nobody wants to talk about the 17 failures that came before QVC.”

In a recent interview, one of our entrepreneurs, Zach Conover, was asked about the skills necessary to be a successful entrepreneur.  He said, “Being good at something like this is like being a good pitcher in baseball.  You need a short memory. You have to remain confident after a bad pitch that your next pitch will be better.”  That is the voice of an optimist who sees the opportunity in every difficulty.  That is the voice of the Baiada Center.

©Mark P. Loschiavo

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