Lincoln Has Advice For Entrepreneurs
Here’s a trivia question: Who’s the only U.S. president to receive a patent?
Here’s a hint: He was also a small business owner and one-time retailer.
The answer: Abraham Lincoln.
This year we observe the 200th anniversary of Lincoln’s birth. We remember Lincoln as a great president, who helped save the nation and free the slaves.
But a little known fact is that Lincoln was also one of us, and small business owners and entrepreneurs can find a kindred soul in Abraham Lincoln.
So we who run small businesses or who are launching entrepreneurial ventures can look to some of the many insights from Abraham Lincoln for guidance:
On attitude:
“Always bear in mind that your own resolution to succeed is more important than any other one thing.”On sales:
“We must not promise what we ought not, lest we be called on to perform what we cannot.”On planning and time management:
“If I only had an hour to chop down a tree, I would spend the first 45 minutes sharpening my axe.”On the importance of quality and integrity:
“Whatever you are, be a good one.”Photo by Lincoln Gallery.
















Jaclyn on February 16th, 2009 11:37 am
That was a great read, i really enjoyed it! It’s pretty cool to know that not only did he do so much for our country while being in office, that he was a “little guy” so to speak like us, an entrepreneur at heart. that is just pretty cool to know. also those tips from him were pretty good one’s, i especially like the one about spending the first 45 minutes of an hour to sharpen your axe…that was both good advice but humorous as well.
cassy on February 16th, 2009 8:40 pm
thanks for posting this great information, onething what makes me interest about this post is, the one that gives the advice is a very known person and the former president of UNITED STATES OF AMIRICA,thats why i enjoy reading this post,coming from him giving advice on how to become a successful entrepreneur wow! thats too much,all this advice are really great and inspired me to work hard to and strike for gold to become a good entrepreneur!
Angelo Panares on February 17th, 2009 4:19 am
On planning and time management:
“If I only had an hour to chop down a tree, I would spend the first 45 minutes sharpening my axe.”
On the importance of quality and integrity:
“Whatever you are, be a good one.”
both are so true. be un-compromising of your character and continously sharpen the saw !
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