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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

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James C. Collins
Age: 66
Born: 1958
Born: January 25
Author
Businessperson
Journalist
Writer
Boulder
Colorado
Thing
Figure
Financing
Figures
Founding
Products
Target
Team
Partners
Ideas
Pursue
Firsts
Product
First
Develop
Important
Market

More quotes by James C. Collins

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There is a sense of exhilaration that comes from facing head-on the hard truths and saying, We will never give up. We will never capitulate. It might take a long time, but we will find a way to prevail.
James C. Collins
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The inner experience of fallure is totally different than failure. Going to fallure means 100% commitment - you leave nothing in reserve, no mental or physical resource untapped, you never give yourself a psychological out. Failure means making a decision to let go, to be less than 100% committed, when confronted by fear, pain and uncertainty.
James C. Collins
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Don't take care of your career. Take care of your people. They will take care of your career.
James C. Collins
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In an ironic twist, I now see Good to Great not as a sequel to Built to Last, but more of a prequel. Good to Great is about how to turn a good organization into one that produces sustained great results. Built to Last is about how you take a company with great results and turn it into an enduring great company of iconic stature.
James C. Collins
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Consider the idea that charisma can be as much a liability as an asset. Your strength of personality can sow the seeds of problems, when people filter the brutal facts from you.
James C. Collins
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The people who don't have a great life are the ones who settle for a good one.
James C. Collins
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Growth! is not a Hedgehog Concept. Rather, if you have the right Hedgehog Concept and make decisions relentlessly consistent with it, you will create such momentum that your main problem will not be how to grow, but how not to grow too fast.
James C. Collins
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Discipline should amplify creativity rather than stifle it.
James C. Collins
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The only way to deliver to the people who are achieving is to not burden them with the people who are not achieving.
James C. Collins
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The most effective leaders of companies in transition are the quiet, unassuming people whose inner wiring is such that the worst circumstances bring out their best. They're unflappable, they're ready to die if they have to. But you can trust that, when bad things are happening, they will become clearheaded and focused.
James C. Collins
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Just because a company falls doesn't invalidate what we can learn by studying that company when it was at its historical best.
James C. Collins
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Building a visionary company requires one percent vision and 99 percent alignment.
James C. Collins
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By definition, it is not possible to everyone to be above the average.
James C. Collins
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Companies that change best over time know first and foremost what should not change.
James C. Collins
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I've never found an important decision made by a great organization that was made at a point of unanimity. Significant decisions carry risks and inevitably some will oppose it. In these settings, the great legislative leader must be artful in handling uncomfortable decisions, and this requires rigor.
James C. Collins
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To have a Welch-caliber C.E.O. is impressive.To have a century of Welch-Caliber C.E.O.'s all grown from the inside - well, that is one key reason why G.E. is a visionary company.
James C. Collins
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Indeed, the real question is not, Why greatness? but What work makes you feel compelled to try to create greatness? if you have to ask the question, Why should we try to make it great? Isn't success enough? then you're probably int he wrong line of work.
James C. Collins
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It's what you do before you are in trouble, so that you can be strong when people most need you.
James C. Collins
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Genuine confidence is what launches you out of bed in the morning, and through your day with a spring in your step.
James C. Collins
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In determing the right people, the good-to-great companies placed greater weight on character attributes than on specific educational background, practical skills, specialized knowledge, or work experience.
James C. Collins