Tuesday, March 25, 2014

The Winning Spirit

"Look up, laugh loud, talk big, keep the color in your cheek and the fire in your eye, adorn your person, maintain your health, your beauty and your animal spirits."
— William Hazlitt

Winners keep winning for several reasons the "Matthew effect" as described by the sociologist Robert K. Merton;

They may just be better on quality
Those with a reputation for past success tend to get disproportionate credit for future wins
Winners from the past tend to be in the right place to make things happen in the future
They have the connections and resources to make good on those opportunities.

Some people tend to be unrealistically optimistic, a view that sometimes makes itself come true in business leadership:

1. The economy is recovering and the future looks brighter for start-ups than the past

2. If price, quality & service are similar, social impact will decide customer loyalty

3. Collaboration, not competition is the key to lasting success

You may also appreciate Free Entrepreneurial Training from MIT   EdX

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