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The only mistakes you can learn from are the ones you survive.

James C. Collins

First figure out your partners, then figure out what ideas to pursue. The most important thing isn’t the market you target, the product you develop or the financing, but the founding team.
JAMES C. COLLINS

Ideas Important Product Team
Mediocrity results first and foremost from management failure, not technological failure.
JAMES C. COLLINS

Firsts Management Mediocrity
I can just let my curiosity wander unleashed.
JAMES C. COLLINS

Curiosity Unleashed Wander
By definition, it is not possible to everyone to be above the average.
JAMES C. COLLINS

Average Definitions Good Great
We learned that a former prisoner of war had more to teach us about what it takes to find a path to greatness than most books on corporate strategy.
JAMES C. COLLINS

Book Corporate Greatness Strategy War
Companies that change best over time know first and foremost what should not change.
JAMES C. COLLINS

Company Firsts Should
The purpose of bureaucracy is to compensate for incompetence and lack of discipline.
JAMES C. COLLINS

Business Discipline Purpose
Creativity dies in an indisciplined environment.
JAMES C. COLLINS

Creativity Dies Environment
Not every financial company toppled during the 2008 crisis, and some seized the opportunity to take advantage of weaker competitors in the midst of the tumult.
JAMES C. COLLINS

Financial Midst Opportunity
The challenge is not just to build a company that can endure; but to build one that is worthy of enduring.
JAMES C. COLLINS

Challenges Endure Entrepreneurs
Bad decisions made with good intentions, are still bad decisions.
JAMES C. COLLINS

Decision Good Great Intentions
Not all time in life is equal. How many opportunities do you get to talk about what your life is going to add up to with people thinking about the same question?
JAMES C. COLLINS

Opportunity People Thinking
I am completely Socratic.
JAMES C. COLLINS

Completely Emotion Socratic
The only mistakes you can learn from are the ones you survive.
JAMES C. COLLINS

Learn Mistakes Survive
It may seem odd to talk about something as soft and fuzzy as “passion” as an integral part of a strategic framework. But throughout the good-to-great companies, passion became a key part of the Hedgehog Concept.
JAMES C. COLLINS

Business Keys Passion
People are not your most important asset….the right people are.
JAMES C. COLLINS

Good Great Important People

The only mistakes you can learn from are the ones you survive.

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The only mistakes you can learn from are the ones you survive.

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