Top Highlights

• It is the action you take based on the resources you have at hand and never involves more than you can afford to lose, that is, your acceptable loss. It can involve bringing other people along, although initially it does not have to.
• were all taught what can best be described as prediction reasoning. It is a pattern of thinking and acting based on the assumption that the future is going to behave in a way similar to the present and the immediate past. It involves inferring and extrapolating, often using (sometimes very complex) analytic methods.
• entrepreneurs think differently. But equally importantly, their natural inclination is to put that thinking into immediate action to see if they are right.
• There is nothing to show for that thought.
• Daydreaming by itself is not creating.