Words of Wisdom from a Mega-Millionaire

If you’re thinking about starting a business — and you’re wondering if you can succeed in today’s tough economy — 95-year-old Stanley A. Dashew has some words of wisdom:  You can do it.

Dashew should know.  He’s the creator of Dashew Business Machines, whose revolutionary imprinters and embossers laid the groundwork for the first bank credit card systems.  Over the years, he’s received 14 U.S. patents for his contributions to banking, shipping, mining, transportation and other areas.

As posted on jweekly.com, the nonagenarian remains active despite the challenges of Parkinson’s disease.  He still loves to sail his 72-foot cutter.  Dashew also has a book: “You Can Do It! Inspiration & Lessons From an Inventor, Entrepreneur, & Sailor,” written with Josef S. Klus.

In addition to telling Dashew’s personal story, the book seeks to help readers overcome life’s challenges by offering numerous tips.  Among them:

• Focus on just one or two ideas at a time. Otherwise, none of your ideas that could be great will get off the ground.

• Don’t quit just because you don’t have all the skills or resources to implement an idea. Team up with someone who has what you lack.

• Innovation means not just creating new products or services, but also finding new ways to utilize them.

The full article from jweekly.com can be found here.

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About Lynne Strang

I'm a writer who blogs about 40-and-older business owners. I am also the author of "Late-Blooming Entrepreneurs: Eight Principles for Starting a Business After Age 40." Outside of work, I enjoy reading, cooking, vegetable gardening and exercise (especially cycling).
This entry was posted in Business, Careers, entrepreneurs, Entrepreneurship, Leadership, Retirement, Success and tagged , . Bookmark the permalink.

4 Responses to Words of Wisdom from a Mega-Millionaire

  1. Those points really hit home, thanks for the post and the read!

    • lbstrang says:

      Thanks, Lisa. To me, what’s good about Stanley Dashew’s tips is they’re tried-and-true basics. Implementing them isn’t always easy, however.

  2. Mike Wilson says:

    It is hard to focus only on a couple of things, but it is much more effective. Otherwise, you get spread too thin and accomplish little and end up discouraged.

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