The actor and entrepreneur’s greatest business asset is his own diligence. January 14, 2020 12 min read This story appears in the January 2020 issue of Entrepreneur. Subscribe » Hollywood movie premieres tend to follow a script: Tons of press and industry VIPs pile into a theater for a private screening and then migrate somewhere nearby for a blowout party. I was part of this scene in 2010, when the
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The Art of the Elevator Pitch
Executive Summary Hollywood screenwriters typically get three to five minutes to pitch their movie ideas, but it takes only around 45 seconds for producers to know if they want to invest. Specifically, producers are listening for a logline: one or two sentences that explain what the movie is about. If there is no logline, more often than not, there is no sale. This is a valuable lesson for innovators in

How to 80/20 Your Life
In 1906 there was an Italian economist named Vilfredo Pareto. One day Pareto noticed that every year, 20% of the pea pods in his garden produced approximately 80% of the peas. This got him thinking about economic output on a larger scale. Sure enough, he began to find that in various industries, societies and even companies, 80% of the production often came from the 20% most productive faction. This became