Bill Gross Idealab

What Bill Gross, Idealab says about topics vital to entrepreneurs

Focus is Always Better

Bill Gross Founder and CEO business incubator Idealab

“Focus is always better. We were so worried we were going to pick the wrong focus . . .  it turns out that focus is so important, even if you pick the wrong focus you're doing better!  Doing fewer things extraordinarily well connects with the customer. This is a crucial lesson I took to later companies I started.”  Bill Gross,    BILL GROSS: Here Are The 12 Lessons I've Learned In My 30 Years Of Being An Entrepreneur, Dec. 15, 2011;   http://www.businessinsider.com/bill-gross-lessons-2011-12#lesson-4-focus-focus-focus-18#ixzz1j67v0bkj;

http://www.businessinsider.com/bill-gross-lessons-2011-12#ixzz1j5th1O5b

Balance Entrepreneur's Strengths

Bill Gross Founder and CEO business incubator Idealab

“Design a structure around [the entrepreneur’s] strengths, and balance that by hiring complementary skills.”  Gross enjoys working on many different projects, considering himself unfocused--“[] yet for a company to succeed, it needs focus. At Idealab [they] brought people in with skills [Gross] lack[ed]. [They] devised a structure for companies to succeed by staying laser-like focused on their mission, but allowed [Gross] to be involved in multiple companies.”   Bill Gross: Here Are The 12 Lessons I've Learned In My 30 Years Of Being An Entrepreneur, Bill Gross, Chime  Dec. 15, 2011;  http://www.businessinsider.com/bill-gross-lessons-2011-12#lesson-5-recognize-your-strengths-23#ixzz1j68rtWix