Tag: obstacles

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The myth that people get rich by having a “great idea”

Credit: Death to Stock
Credit: Death to Stock

Felix Dennis, one of Britain’s wealthiest self-made entrepreneurs, says:

“The second myth is that people got rich by having a “great idea”. While this is a more feasible hypothesis than having got rich by accident, it is a trap, because it is a partial truth… The follow-through, the execution, is 1000 times more important than a “great idea”. In fact, if the execution is perfect, it sometimes barely matters what the idea is.”

What you think of this wisdom from Felix Dennis? Continue reading “The myth that people get rich by having a “great idea””

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Are you a victim of a crisis of the imagination?

Imagination!
Imagination! (Photo credit: Stephh922)

I was at a small event the other evening where the conversation was about the environment, economics and imagining futures better than the one at present.

One of the speakers mentioned that the reason why it is difficult to envision or create new futures is because of a crisis of imagination.

The problem is that we are stuck in traditional thinking ruts, we respond to change in predictable ways and we have not learned to re-imagine ourselves and the world around us. Continue reading “Are you a victim of a crisis of the imagination?”