Entrepreneurial Lessons of Bruce Lee

florida-skyline.jpg

My father taught me some of the greatest lessons of my life.

“Work together as a team, with each team member being a finger on a hand,” my father would tell me. “When clenched together, you have great force. Unless you’re Bruce Lee, you can’t hit very hard with a single finger.”

It was a lesson I took to heart. If you want something bad enough, you have to work hard for it, as a team. “Always be honest. If you lie once, you have to lie 100 times to cover the first lie,” he’d say. I also take great comfort in the words of some of most fascinating people, like Bruce Lee himself.

Over this last weekend, taking a quick break from preparing for the Las Vegas Money Show, interviews on commercial real estate, and identifying new opportunities, I found an interesting article from Inc. magazine, “5 Lessons Entrepreneurs Can Learn from Bruce Lee…”

These are some of my favorites.

“Notice that the stiffest tree is most easily cracked, while the bamboo or willow survives by bending with the wind.”

“Bruce Lee believed in being firm on a goal, but by being too firm you can damage yourself,” notes Inc. “It’s vital that you remain flexible. If the situation changes, such as with your budget, a smart entrepreneur knows that they have to change. Being overly stubborn and sticking to the original goal, even when it’s already a lost cause, will ultimately lead you to failure. Don’t give up your passions easily, but when all the signs are pointing towards changing your plans be willing to do it.”

“Knowledge will give you power, but character respect.”

“You can be the most intelligent person in the world, but you have to be able to take that intelligence and turn it into character. You may be struggling to deal with a range of difficulties, but during those difficult moments you have to be willing to take responsibility and be counted. Entrepreneurs often learn that respect is vital for inspiring people to give their all. To gain respect, they have to be accountable and to accept criticism as well as praise.”

“I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.”

“It’s easy to try lots of different things until you find something that works. Most failed entrepreneurs are actually serial entrepreneurs. They have constantly started businesses and they have constantly failed. They are almost never in the same industry. It’s a matter of simply jumping around until they come across something that actually works.”

Aside from those, here are more thoughts Bruce Lee shared.

“As you think, so shall you become.”

Think about what you are thinking at the moment. What do those thoughts say about you, your life, and the way you lead your life?

“If you spend too much time thinking about a thing, you’ll never get it done.”

We all have a tendency to overthink even the easiest of tasks, without much progress. By removing clutter from your life may help increase time and energy better spent elsewhere. The more you think about something, the harder it becomes to acting on anything discover this info here. As entrepreneurs, we oftentimes find ourselves overly passionate. And, sometimes the produced emotion can be displayed incorrectly. While it’s easy to get carried away with sour emotions when something goes wrong, we have to remember that emotion can be looked upon unfavorably by business partners, the press and potential shareholders.

“Empty tea cup.”

By this, Bruce Lee taught us to be open-minded and appreciate a variety of experiences.

What these lessons of Bruce Lee – and my father – teach us is to think outside the box, broaden our horizons, and work together well.