Some of the most powerful pieces of advice I have ever heard are very simple but extremely powerful. The first bit of advice was something I was told a very long time ago and at first took offense to, “Keep it simple stupid”. It turned out later to be a phrase that has provided me a blueprint for how I try to live my life.
How many times have you heard someone say that he or she is so lucky? Of course we’ve all heard that phrase plenty of times. In a lot of cases ‘true luck’ does seem to appear in the most unexpected places.
In today’s video, I use JC Penney’s recent debacle to explain why entrepreneurs need to learn, adjust and execute their ideas on a small level before scaling it up. I discuss companies that have done it well, and those that haven’t.
Let me give you the moral of the story up front. If you have developed a product or service and you are hesitant about whether or not to bring it to market yet… Bring it to market TODAY. Not tomorrow. Not next week. TODAY. Let me tell you why…