A Ferrari engine in a Fiat Panda

Author: Russell Smith
July 17, 2012

Here’s my frog question question from two days ago.

The question:

Five frogs sitting on a log.  One decides to jump off.

How many frogs are left on the log?

The answer: five.  The frog only decided to jump off, he didn’t actually jump off.

Congratulations to Alun Davies who got the answer correct (check out his blog at www.alundavies.net – he blogs some really interesting advice).

Of course, the trouble with entrepreneurs is that when they decide to jump off, they just jump off.  I blogged a couple a days ago that any decision is better than no decision.  Even in that though, a decision doesn’t always mean action.

Often an entrepreneur will be like a Ferrari engine in a Fiat Panda.  They have all the ideas, their brains are racing faster than anybody else’s, all they see is opportunities everywhere and they have no fear of crashing and burning, they just see the open road and want to speed down it as quick as possible to meet the next new challenge. 

The trouble is they are in a Fiat Panda, which is their skill set.  Often entrepreneurs haven’t been in one business long enough to learn everything they need to learn about business – finance, team building, job management, recruitment, systems, IT, sales, marketing.  They get bored and want to move on to something else which never allows their car model to actually upgrade to a Ferrari.

When you have the Ferrari mind but have the Ferrari model, you know that success is only just round the corner.  You have the ideas and you have skills to implement them…fast.

Business success is often long, hard and laborious.  Its hard to make huge amounts of money in your first business, there is just too much to learn.  Once you have grapsed the essentials, that’s when the real fun can begin.

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