{"id":91,"date":"2011-06-12T16:09:55","date_gmt":"2011-06-12T16:09:55","guid":{"rendered":"http:\/\/www.wensmedia.com\/\/salesarchive\/permalink\/2011\/6\/12\/120955.html"},"modified":"2011-06-12T16:09:55","modified_gmt":"2011-06-12T16:09:55","slug":"analyst-or-entrepreneur","status":"publish","type":"post","link":"https:\/\/www.ensmediausa.com\/ens-on-sales\/uncategorized\/analyst-or-entrepreneur\/","title":{"rendered":"Analyst or Entrepreneur"},"content":{"rendered":"<p><b><span style=\"font-family: Tahoma; font-size: 20pt\">Analyst or Entrepreneur?<\/span><\/b><\/p>\n<div style=\"margin: 0in 0in 0pt\"><span style=\"font-family: Tahoma\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ted Turner was told by the analysts that an all-news cable channel would not succeed. His bold plunge forward with CNN is a huge success story. Online designers predicted Craigslist was too cumbersome, with too many links and was not slick enough or trustworthy enough to succeed. Last year Craigslist generated more than $125 million in revenue, of which nearly $100 million was profit!<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Are you an analyst or an entrepreneur? Analysts investigate what has been done in the past to design systems or processes with minimal risk and a certain security or safety of return.<\/span><\/div>\n<div style=\"margin: 0in 0in 0pt\"><span style=\"font-family: Tahoma\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Entrepreneurs, on the other hand, are in possession of a new unproven enterprise, venture or idea, and are accountable for the inherent risk and results created by that idea or venture.<\/span><\/div>\n<div style=\"margin: 0in 0in 0pt\"><span style=\"font-family: Tahoma\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The route taken by analysts seldom produces extraordinary results, although conversely, they seldom fail. Entrepreneurs, on the other hand, often fail, but occasionally stumble upon amazing results.<\/span><\/div>\n<div style=\"margin: 0in 0in 0pt\"><span style=\"font-family: Tahoma\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In the pre-consolidation age of broadcasting, many of the eccentric entrepreneurs who had broadcasting licenses were admittedly poor business people or analysts. But they succeeded, and failed, because they had a passion for trying new ideas. And they had fun!<\/span><\/div>\n<div style=\"margin: 0in 0in 0pt\"><span style=\"font-family: Tahoma\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; There&rsquo;s an old adage that says &ldquo;Nothing ventured, nothing gained&rdquo;.<\/span><\/div>\n<div style=\"margin: 0in 0in 0pt\"><span style=\"font-family: Tahoma\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If you take a walk on a beaten path in a public park, you can logically predict your destination. Scaling the rugged cliffs of Mount Everest, while not nearly as predictable a journey, is certainly more exhilarating, rewarding and extraordinary than walking the beaten path. &nbsp;&nbsp; <\/span><\/div>\n<div style=\"margin: 0in 0in 0pt\"><span style=\"font-family: Tahoma\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Most shareholders want analysts at the helm of their investments. But these same analysts can limit extraordinary success in favor of moderate returns.<\/span><\/div>\n<div style=\"margin: 0in 0in 0pt\"><span style=\"font-family: Tahoma\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; I think it&rsquo;s time to create a hybrid broadcast company&hellip;..one that has a&nbsp;&lsquo;safe&rsquo; predictable business plan, accentuated by a few risky ventures, one of which just might be the next CNN or Craigslist&hellip;.nothing ventured, nothing gained. <\/span><\/div>\n<div style=\"margin: 0in 0in 0pt\">&nbsp;<\/div>\n<div style=\"margin: 0in 0in 0pt\"><u><span style=\"font-family: Tahoma\">Randy&rsquo;s What If<\/span><\/u><span style=\"font-family: Tahoma\">: What if you challenged each of your sales people to launch an unproven idea to generate more sales and they all failed but one? And that one created a huge annually sustainable success?<\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Analyst or Entrepreneur? &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ted Turner was told by the analysts that an all-news cable channel would not succeed. His bold plunge forward with CNN is a huge success story. Online designers predicted Craigslist was too cumbersome, with too many links and was not slick enough or trustworthy enough to succeed. Last year Craigslist generated [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-91","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.ensmediausa.com\/ens-on-sales\/wp-json\/wp\/v2\/posts\/91","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ensmediausa.com\/ens-on-sales\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ensmediausa.com\/ens-on-sales\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ensmediausa.com\/ens-on-sales\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ensmediausa.com\/ens-on-sales\/wp-json\/wp\/v2\/comments?post=91"}],"version-history":[{"count":0,"href":"https:\/\/www.ensmediausa.com\/ens-on-sales\/wp-json\/wp\/v2\/posts\/91\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ensmediausa.com\/ens-on-sales\/wp-json\/wp\/v2\/media?parent=91"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ensmediausa.com\/ens-on-sales\/wp-json\/wp\/v2\/categories?post=91"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ensmediausa.com\/ens-on-sales\/wp-json\/wp\/v2\/tags?post=91"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}