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You Can Teach People To Be Successful…

In the discussions we've been having about this forum, I've been making a big point about the psychology of entrepreneurship of understanding, understanding what goes through the mind and today at lunch ... not…

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Michael Leven Photo

Capital Is Often The Biggest Challenge…

Well I think a couple of challenges to entrepreneurs, first of all, it's capital. To start a business, if you're starting a business or to be entrepreneurial in a corporation, starting your own business, it's…

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Michael Leven Photo

Some Entrepreneurs Are Born But Some…

I think you can be taught to understand what you like and what you don't like. I think you can be taught to understand over time what your capabilities are you're not... or not. There were many hidden…

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Michael Leven Photo

Thoughts on Bureaucratic Capitalism

Now many of you particularly the students who go out to work from here and work in corporations or businesses that exists will be put into positions where you may get happy for a while. The odds are that you…

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Entrepreneurial Culture Isn't As…

Well I think in the early going Marriott created that culture. It's no longer there but it was there in the entrepreneurial capitalistic stage, there are not anybody here who know some of the old Marriott…

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Advice On Starting A Busienss In An…

I would start in the area where you could be the most expert the fastest. That if you're a great... if you feel you could be a great operator, be a great operator, build a reputation. The most important thing…

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He Wouldn't Change Anything About His…

Well I'd probably be an investment banker and probably try to get very wealthy very quickly, so I could enjoy the rest of my life and do what I want and run a foundation like I'm doing now at 45 instead of at…

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Importance of Creating Corporate…

I think last night at dinner saying that my own personal philosophy is that each person who's capable of providing you far more than what you think and that as a manager or as a leader in an organization what…

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Impportance of Understanding That…

You know, I remember working in hotels in New York City where the people were maids for like 35 or 40 years, housekeepers or so we call them now, 35 or 40 who were bellmen. I had a bellman who was... when I…

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Theory On Change

I have a personal philosophy about business. Actually it's about everything. It is ... you know, you get to a certain age, you can become a ... you say philosophy, you know, years ago, you know, when you had…

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Desire To Become An Entrepreneur Later…

When you go out to work and you work in corporations or businesses that exists, it's not a purist scenario. It really is not about making changes for moving forward without... you can't just do it, you have to…

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Example of How It Is Difficult To…

In 1978, Americano Hotels had a hotel in Ocho Rios, Jamaica called the Americano Hotel actually, it was a former Intercontinental that we had taken over as a lease from the government and we've been running it…

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Michael Leven Photo

Entrepreneurialism Can Exist In Any…

Let me start off by saying that I wanted dispel a particular myth about entrepreneurs. Most of you probably feel that an entrepreneur in order to be defined as such would have to start his or her own business…

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Personal Satisfaction In Making A…

I get very uncomfortable when at the end of the day I haven't accomplished anything, that I think that when I go to the foundation and work now and a day goes by and I haven't moved a needle or I haven't…

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Thoughts on Graduate Education

We should not stereotype, it's like saying is the BS in a hotel school a dinosaur too or you know... I don't think it's necessarily true. I think that there is a core curriculum that has to be provided; it has…

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Example of Taking A Risk Early In His…

Let me give you a couple of examples that in my own history. In 1961, which I assume to almost everybody here was the dark ages, certainly to me it seems like the dark ages now, and when I was talking to Chris…

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Entrepreneurial Activities Within The…

Some of you maybe aware of the fact that entrepreneurial or venture capitalism has found its way into foundation giving, major foundation. The foundation market, by the way, the foundation business has…

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