Entrepreneurs – 10 Business Tips from Barack Obama’s DNC Speech

 

 

entrepreneur lessons

 

Earlier this week, I wrote an article that shared 10 tips for entrepreneurs from Michelle Obama’s DNC speech.  I thought it would be interesting to share 10 tips from President Barack Obama’s DNC speech that will help entrepreneurs.

 

When you are an entrepreneur, it is a good idea to learn lessons from whatever source possible. People with different thoughts, ideas and policies may have things you can learn that will benefit your business. Never be afraid to learn from someone with different ideas. First, I will share my ten favorite lines, then I will discuss them in details.

  1. Don’t boo, vote
  2. We meet our commitments, we bear our burdens
  3. That’s our birthright, the power to create our own destiny
  4. The American dream is something no wall will ever contain
  5. Hold them accountable until they get the job done
  6. Yes we can
  7. They value traits like honesty and hard work
  8. We don’t fear the future, we shape it, we embrace it
  9. Summon what is best in us
  10. The audacity of hope

 

Don’t boo, vote aka don’t complain, do something about it.

No matter what type of work you do and no matter what your industry, there will always be things going on somewhere that you do not like. There will be competitors who cheat at business, do poor quality work or act in ways to demean the profession. At your company, there may be employees who do a shoddy job, give poor customer service. When you encounter these kinds of people and situations, you have a choice. You can whine, moan and complain. Or you can do something to make things better. Lesson recap – choose to vote – do not just complain, instead work to fix the problem.

We meet our commitments, we bear our burdens aka your word is your bond so keep your promises.

There are several things that can help a small business owner become a big business owner. One of those things is to keep your word. No matter what reputation you have and no matter how good a job you do, customers will not refer you to others if your word cannot be trusted. If you promise delivery on Wednesday, but do not deliver until the following Wednesday, that customer can no longer trust your word. If you tell employees they will be paid every two weeks and then pay them later, your employees will not trust your word. Suppliers who expect you to pay within 15 days but still have not been paid after 30 days will not trust your word. Lesson recap – when you make a commitment, keep it so that you will be seen as a person of integrity.

That’s our birthright, the power to create our own destiny aka you can always create a business of your own.

One of the things that makes the United States of America the greatest country on earth is the fact that anyone can be an entrepreneur. Anyone can build a better mousetrap and start selling it. A person can be an employee on Monday and an entrepreneur on Tuesday. Each of us has the power to create a business of our own and make it a success. Lesson recap –

The American dream is something no wall will ever contain aka there is no limit to what your business can achieve.

All across the United States there are small business owners in almost every industry imaginable. Each year a few of those small start-up enterprises become big, successful and thriving companies. One of the beauties of being an entrepreneur is the fact that no one can determine the heights to which your business can climb. Your success is not determined by the limits set by other business owners. You can determine your business’ limits. Lesson recap – never let someone else determine the path for your business, instead set your own path and follow it.

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JUSTICE IS ALWAYS WORTH THE PRICE PAID FOR ITS PURSUIT

“JUSTICE IS ALWAYS WORTH THE PRICE PAID FOR ITS PURSUIT” Marilyn Mosby, Baltimore State’s Attorney

Justice is always worth the price paid for its pursuit. Sometimes life is hard, so what. Being an adult means that you show up like a grown up and do what needs to be done.

Justice is always worth the price paid for its pursuit.

One of my favorite definition for justice is, peace and genuine respect or people. I like the idea of an idea that respects people and causes people to care about others. Throughout law school and my work as an attorney, there were always discussions about justice. Justice was always described as an integral part of the American way of life. When people accused of doing something illegal and need to be dealt with they are brought into the criminal justice system. The officials talk about bringing criminal suspects to justice. It is indeed a powerful thing.

When it comes to justice in the United States, it is important to realize that justice is not blind, indeed it is very political in nature. One upon a time, justice meant that blacks in America had no rights that whites were bound to respect. (See the Dred Scott Supreme Court decision which was later determined to be one of the worst decisions in Supreme Court history.) Supreme Court justices are appointed by the President of the United States. The President of the United States is an elected official. In the states, the judges are elected or appointed and again, politics is involved.

Justice and politics are entwined, they always have been and under our governmental system, they always will be. This means if you are concerned about the fight for justice, you must be concerned about politics.

Politics is life so stop being afraid to talk about politics.

Recently I wrote an article for entrepreneurs called, “Entrepreneurs – Here Are 10 Great Lines from Michelle Obama at the DNC.” I shared the post with a group of fellow bloggers and several of them said they would not read the article because they only liked happy things and they avoided political talk of any kind. Initially, I attempted to tell them that there was no politics in the article, just 10 good ideas for entrepreneurs. Their response was the same. The said that since the title of the article had Michelle Obama’s name and the initials DNC, under no circumstances would they read the article. At that point, I moved on and left them alone.

Later as I discussed the events with others, I thought about how interesting it is to live in a world where you do not have to talk about politics. How interesting it is to live a life where you don’t have to think about the people who make the decisions that impact every area of your life. I do not have that privilege. Politics are important in my world. Politics determines what your children learn in school and who teaches it to them. Why? School board members are elected officials. The school board members hire the school district officials who set curriculum. The school district officials hire principals and teachers. So, what your children learn in school, the textbooks they use and the after school activities they participate in are all determined by politics.

 

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