An excerpt from Entrepreneur turned VC, Mark Susters blog: Both Sides of the Table...
...I had a picture in the office of my first company with the logo above and the capital letters JFDI. (In case it’s not obvious it’s a play on the Nike slogan, “Just Do It.”) I believe that being successful as an entrepreneur requires you to get lots of things done. You are constantly faced with decisions and there is always incomplete information. This paralyzes most people. Not you.
Entrepreneurs make fast decisions and move forward knowing that at best 70% of their decisions are going to be right. They move the ball forward every day. They are quick to spot their mistakes and correct. Good entrepreneurs can admit when their course of action was wrong and learn from it. Good entrepreneurs are wrong often. If you’re not then you’re not trying hard enough. Good entrepreneurs have a penchant for doing vs. over-analyzing. (obviously don’t read this as zero analysis)...
...Sometimes you need to break some eggs to get things done so if that’s what it takes I wanted my team to go for it and I wanted to symbolize that it was OK with me. I would far rather have some messes to clean up than to never have them cross the line trying.
So I took on the motto JFDI to symbolize this. And I think my team did a great job and rose to the occasion. Maybe it helps that I love controversy and pushing the boundaries so people felt it was OK for them to do it as well.
Another side of JFDI is finding ways to get stuff done that seem impossible. Entrepreneurs have a way of doing that. Getting suppliers to accept terms that they said they never normally agree, getting accepted to speak on a panel when the conference organizer initially said “no,” getting people to moonlight for you until you have the cash to bring them on board..
This is Wonderful. Thank you for all your motivation.
ReplyDeleteAs always, exceptional words from you!
~Mahayana Sfeir