Carl Schramm, President of the Kauffman Foundation, examines the vital role of entrepreneurship in the changing economy. He emphasizes how entrepreneurs have a positive influence on the American economy by creating ways to reinvent and innovate the rules of life. For example, half of the jobs created in 2007 are from firms less than five years old. Entrepreneurs teach us about human needs we did not know existed, create jobs that provide security for people, and generate social welfare, he says.
Steve Young, former quarterback for the San Francisco 49ers, describes the lessons he's learned in negotiating with teammates, agents, and in his personal life. Interviewed as a guest in Stan Christensen's Negotiations course, Young provides insight through humorous anecdotes across a broad range of experience. In particular, he describes different negotiation tactics that were useful throughout his career as a quarterback, lawyer, and entrepreneur. While earning his spot as the fiery leader of the 49ers, balancing life with children, and undergoing multiple business ventures, Young highlights the use of accountability, soft skills to deal with personal feelings, and working hard with no excuses, to achieve success.
In product development, Google's Marissa Mayer, Vice President of Search Products & User Experience, believes that a small amount of constraint - whether in file size, pixels, or speed - fosters a lot of innovation. The lesson she shares? Too much creative freedom can make creativity unfocused. A solution with a strict set of barriers yields more concrete solutions.
Agassi talks about an inspirational encounter with renowned author Jim Collins, who told him about three circles of questions that would help him find happiness. These include: 1) What are you passionate about? 2) What are you best at in the world? and 3) What is the economic driver?
Young describes how he used accountability to deal with setbacks on the field. Whenever he committed an interception, Young accepted the mistake and looked at ways to fix the problem. He realized that when one was ultimately accountable, others would also take responsibility to improve the situation.