“Fail early, fail fast, fail often.” A mantra repeated by many – its origins unknown. Only the bold and unafraid see failure as a new beginning to forge a new success.Greek mythology is a primal source of knowledge. For instance, the Greek term “Tempus” equates with opportunity, luck, and good fortune.Those that know how to apply knowledge create a cultural gasp of excitement – which brings us to Eric Lefkofsky. Eric Lefkofsky deftly merged entrepreneurship with critical thinking, the “objective analysis of facts to form a judgment.”
Lefkofsky applied critical thinking to business development. You lose by not trying hard enough, but by not thinking about what is the next best thing – faster than your competitor.Lefkofsky wrote the true “art of the deal,” the iconic book “Accelerated Disruption.” This business bible contains approaches to business development and entrepreneurship. Every aspect of developing and maintaining a business from market development to developing technologies, to motivating employees, is the hallmark of Lefkofsky’s ideas, with one eye on the competitor.When you think of Lefkofsky five words come to mind; Tempus, Groupon, Uptake, Mediaocean, and Echo. Lefkofsky put his ideas into five diverse start-up businesses.
“Tempus” started as a health care company to cure cancer by embracing the human genome. “Groupon” brings people together in the e-commerce marketplace. “Uptake” is said to “empower global companies” to identify problems to improve efficiency and productivity. “Mediaocan” strives to organize and advertise the world’s business economy by developing unique software platforms. “Echo” is a company to design solutions for all aspects of global business transportation.Eric Lefkofsky’s values surpassed his business acumen. The Lefkofsky family formed the Lefkofsky Family Foundation. The Foundation’s particular interests are the funding of education, human rights, health care, medical research, the arts, and culture.Lefkofsky achieved more than temporal successes in his life. By daring failure, he vitalized the world.