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04/23/2010

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Helena Antle

Wow, your analogy is very clear! The original StarWars did come with more risks. It was testing the waters, so to speak, and the ripples it created made wading through the water easier for the succeeding films.

Philip Jackson

The cycle goes a little bit like this:

1. Planning. Under that would be understanding the risks and carefully outlining the activities that you need to do. This stage also involves the inquiry, meaning, you should ask around on what you can do.
2. Execution. Do everything according to plan. Don't falter if something falls during the process. You should have had a backup plan for it, anyway.
3. Survival. This is where you ask people on what you can add to make things a little more "for the people". Then it all goes back to square 1.

Staci Burruel

George Lucas took that risk and he paid off. I remember one of your posts saying something about starting a business being prone to 90% of failure. I've left a comment on that post, saying that you shouldn't be afraid to take that risk. There will surely be partnerships formed, and you build this trust between each other. That itself is going to bring your business from being a zero to a big success.

Yasuo Long

I feel your post hits the nail on the head on the difference between small business's and large corporations.

When the people who work with you feel they can communicate on equal footing with you, it's amazing what can be created in a creative collaboration.

As an aspiring entrepreneur, you're more daring and resourceful as you are faced with risk and the chance at failure.

However once you sit on top of a franchise such as star wars, it's easy to get complacent knowing that you could do almost anything (whether it be good or bad)and still be profitable.

Not to say that most people wouldn't want to be in a position whereby they knew they could always be profitable.

However its sad what can happen when a persons creativity is no longer challenged, which in this case i'm referring to the leader of the star wars empire.

The prequels could have been much better than they were. I hope that one day if they ever do make another star wars movie, Mr Lucas will either have a creative epiphany or at least have the insight to hand the writing of the script to someone who knows they have something to lose.

Vinay Kumar

Great post Simon. Having experienced both the start up phase and what follows success, and the ultimate downfall, I could so relate to your post.

A great book to read on this similar topic is How the Might Fall by Jim Collins that came out recently. In it he talks about how hubris takes places and leads to the decline. Very similar to you post.

Simon, since I read you book, it has brought so much clarity for me and has turned around my thinking and how I see things. It's as if my lens has changed--for the better. Thank you.

Manishahujas.blogspot.com

I've seen many analogies in life connected with business and entrepreneurship but nothing as out of the box as this one. Quite interesting I must say :D

Tonysclassroom

It's amazing what gaining some extra cash and confidence can do to kill your dream. And your drive.

Brilliant post.

Scott Ellis

This post says so much so well and with so few words. Every entrepreneur, aspiring or current, CEO and business owner should read this post.
Bravo!

Craig/FFB

So true. Star Wars and Jaws - these movies were made with HUNGER! They were visceral and you see the work that was put into them. Things were invented on the fly to make things work. The films were completed because they HAD to be, everyone had so much on the line. And you see that in the quality of the movies and its a great part of why they are successful today.

You can see so many big companies out there that seem so out of touch and its the little guys that fly right by them. Its the hunger and the need to make it happen.

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