Entreperneurs In Israel

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Dec
11

You said Focus! So how can you be involved in so many ventures?

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One of the founders of a company I am a partner/consultant for asked me this question and it is a great one!

It is true that I preach FOCUS and that that is one of the keys to success in any venture. If you want to succeed you must focus on whichever idea you choose to run with. That is still very true.

So the question is how can I be involved in so many projects and expect them all to succeed? The answer is that in all my projects there is at least one founder who is totally focused on the success of that project and without the focus of that particular founder then the project no matter how great the idea is will become much harder to achieve success.

focus 300x152 You said Focus! So how can you be involved in so many ventures?As an idea guy and over 25 years as an entrepreneur I have learned a tremendous amount. (A lot of times from mistakes). It is this knowledge plus my constant education I keep giving myself that allows me to guide other entrepreneurs and quickly help them make the right decision. Basically I can get a lot done using my strengths in less time.

Still there does come a point where I have to hold myself back and not take on new projects as there is only 24 hours in a day and it would be bad for the business to get it launched if I don’t have the proper time commitment or team around it. In those cases I just file it away in my “idea file” and wait for a rainy day.

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Categories : advice

1 Comments

1

When an entrepreneur goes to Nachum for advice, Nachum recommends tools and techniques to assist in getting the job done faster. Whether it’s finding a programmer or graphic artistic, etc. Nachum has a source online that he’s tried and recommended.

Finding or buying talent is a great way to make your “business visions come true.” I think Nachum takes things one step further, he gets the people so excited about what he’s doing he builds a committed team that wants to realize the vision, and become successful with limited input from him.

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