Wednesday, April 27, 2011

Lucky or Smart

Just finished "Lucky or Smart" by Bo Peabody.  It was ok. I liked his opening chapters message: Lucky things happen to entrepreneurs who start fundamentally innovative, morally compelling, and philosophically positive companies. He contends that lucky entrepreneurs are those that understand that often times things fall together not because of a strategy, but because the entrepreneur formed the right team and allowed them to lead.  This I agree with.  Many times entrepreneurs stand in the way of creative people because they cannot give up control of their baby.


I did not really agree with his selection process. He contends that great entrepreneurs are B students, and great managers are A students - the entrepreneurs are good at a lot of things and master of none and the managers are excellent at one or two things. Considering I have been an entrepreneur in the past and am an A student, I disagree with this completely. Additionally, I have been given advice that being a "jack of all trades" and "master of none" was a terrible position sell to potential employers.  I would far prefer an A student over a B student - if I could afford them!


In all, its a very quick read and there are some interesting anecdotes, but it's probably not really worth your time if you are a well rounded business person. 

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