What a surprise – WAM on a Friday (makes it feel more like a Saturday):) Great show Meliza. Thanks.
MELIZA!! Excellent show! I must say Carol Bartz is not kidding around. Shes definitely taking aim to reduce Yahoo! My assumption is definitely to increase it's performance since Google has been gaining ground for some time. Very interesting story indeed. :)
Although the label "visionary" is one that should not be given out easily, Khosla is just being modest. If it is as simple as bumbling around until something works, then many would have that level of success. One has to innovate ahead of the pack a lot. Certainly there are guys, like Jobs, who quickly synthesize information and trends, and see a little more creatively before most others in their field.
Good Stuff as Always! Happy 4th of July!!!!
Short, sweet, and to the point! Perfect and informative piece. I especially like Vinod's take on entrepreneurship; keep failing until you succeed.
I do love one quote I heard somewhere, "success is getting up one more time than you fall". Good food for the human spirit.
@Meliza: While it may seem a bizarre analogy, the issue reminds me of the "Serenity Prayer", you know the part "Courage to change the things I can, And wisdom to know the difference." Yes, I agree the courage to get back up is needed, but you also must have something worth getting up for, and figuring that part out is not so simple.
@Meliza: I think we're really in basic agreement, because really both parts are important for success, the courage AND the vision (wisdom + innovation). I think it applies to every entrepreneur at some level, but only the guys like Jobs and Khosla who consistently succeed on a grand scale can earn the "visionary" title.
@Meliza: The title of the most stubborn entrepreneur would not be nearly as coveted. Unfortunately, you might have to hunt through the tent cities for the most deserving candidates :)
@Gary - funny but true. Thanks. This thread is timely, given the courage and vision of those that decided open rebellion against the establishment would be a good thing. If they had failed, they would have been drawn and quartered (a bit worse than living in tent city). But since they were successful, we can celebrate Independence Day :)
@Meliza: I think I'm getting in deep, way over my head, but I'll try to answer your question. As I said, I think every entrepreneur has to exercise some vision and wisdom to increase his chances of success, if only to know which flea market to set up in tomorrow. (Perhaps he can survive without innovation, but it would certainly increase his chances.) I was speaking of ordinary human talents, nothing of biblical proportions (of which I have no authority to speak). Now "VISIONARY" is a whole different level reserved for the best of the best, requiring courage, wisdom and innovation (or you can call it vision). But, still, I think the test of "wisdom" only applies within the context of the relevant field of business and technology. So my answer to your question is - pretty much - yes, but I don't know if wisdom "comes with" vision, but they would seem to go together, but only the ordinary human sort of wisdom. Wisdom being the ability to exercise judgement in interpreting and acting on the opportunities that you perceive.