I love to read a story about an entrepreneur who overcomes the critics and drives his ideas into a success. The USA TODAY fueatured one such entrepreneur, and he comes from a crowd whose failures far outweight its successes. His name is Magic Johnson. You can find the entire article at: USA Today Article
I grew up watching Magic Johnson do amazing things as he led the Los Angeles Lakers to multiple championships. Little did I know then that his entrepreneurial spirit was forming a passion for his target market – a common trait among successful entrepreneurs. He knew how to reach the inner-city and urban communities that had to drive long-distances for decent entertainment and restaurants. He has built a multi-billion dollar enterprise on his idea.
Perhaps all entrepreneurs and CFO consultants could learn something from his advice when he cousels that we should pick a niche, something we are good at, and don’t stray from it. He says we should pay to our strengths.
