How much have you learnt from the CEO of GoDaddy, Bob Parsons apart from his 16 rules of success in Business & Life in General? Learn more about the billionaire founder of The GoDaddy Group, Inc.
Bob Parsons is an American entrepreneur who currently owns three ICANN-accredited domain name registrars including GoDaddy.com. He was born in Baltimore, Maryland in 1950.
He is well-known for creating one of the largest domain name registrars on the Internet. Consequently, he has the most domain names under his management.
Aside being the founder and sole investor in GoDaddy Group, he also teaches people about Innovation, Entrepreneurship, Business Growth, Sales, Marketing and Branding, Internet; he collects about $20,001 to $30,000 for his speaking fee.
Bob Parsons’ Journey to Entrepreneurship
Bob Parsons obtained an accounting degree from the University of Baltimore in 1975. Also, he joined the U.S Marine Corps during the Vietnam War. As a result, he earned the Combat Action Ribbon, Vietnamese Cross of Gallantry and a Purple Heart Medal.
In spite of all, his path to stardom was through his passion – programming. Today, he is called a self-taught programmer.
Before quitting his job in 1987, he founded Parsons Technology (in 1984) where he began selling MoneyCounts for accounting at home.
Surprisingly, he completed the sales of Parsons Technology on September 27, 1994 (for $64 million) after attaining a 1, 000-employee staff strength. However in 1997, he started another company – Jomax Technologies – which he renamed Go Daddy in 1999.
Words from Go Daddy CEO, Bob Parsons
Concerning his background, he said,
I’ve earned everything I’ve ever received. Very little was given to me. I’ve been working as long as I can remember. Whether it was delivering or selling newspapers, pumping gas, working in construction or in a factory, I’ve always been making my own money.
Here are some Bob Parson’s quotes that’ll motivate you,
Let’s be honest. There’s not a business anywhere that is without problems. Business is complicated and imperfect. Every business everywhere is staffed with imperfect human beings and exists by providing a product or service to other imperfect human beings.
I now know that I learn by solving problems as they arise. Rarely do we learn significant lessons, or significantly improve, any other way.
Below are Bob Parsons 16 Rules of Success in Business & Life in General.
1. Get and stay out of your comfort zone.
I believe that not much happens of any significance when we’re in our comfort zone. I hear people say, “But I’m concerned about security.” My response to that is simple: “Security is for cadavers.”
2. Never give up.
Almost nothing works the first time it’s attempted. Just because what you’re doing does not seem to be working, doesn’t mean it won’t work. It just means that it might not work the way you’re doing it. If it was easy, everyone would be doing it, and you wouldn’t have an opportunity.
3. When you’re ready to quit, you’re closer than you think.
There’s an old Chinese saying that I just love, and I believe it is so true. It goes like this: “The temptation to quit will be greatest just before you are about to succeed.”
4. With regard to whatever worries you, not only accept the worst thing that could happen, but make it a point to quantify what the worst thing could be.
Very seldom will the worst consequence be anywhere near as bad as a cloud of “undefined consequences.” My father would tell me early on, when I was struggling and losing my shirt trying to get Parsons Technology going, “Well, Robert, if it doesn’t work, they can’t eat you.”
5. Focus on what you want to have happen.
Remember that old saying, “As you think, so shall you be.”
6. Take things a day at a time.
No matter how difficult your situation is, you can get through it if you don’t look too far into the future, and focus on the present moment. You can get through anything one day at a time.
7. Always be moving forward.
Never stop investing. Never stop improving. Never stop doing something new. The moment you stop improving your organization, it starts to die. Make it your goal to be better each and every day, in some small way. Remember the Japanese concept of Kaizen. Small daily improvements eventually result in huge advantages.
8. Be quick to decide.
Remember what General George S. Patton said: “A good plan violently executed today is far and away better than a perfect plan tomorrow.”
9. Measure everything of significance.
I swear this is true. Anything that is measured and watched, improves.
10. Anything that is not managed will deteriorate.
If you want to uncover problems you don’t know about, take a few moments and look closely at the areas you haven’t examined for a while. I guarantee you problems will be there.
11. Pay attention to your competitors, but pay more attention to what you’re doing.
When you look at your competitors, remember that everything looks perfect at a distance. Even the planet Earth, if you get far enough into space, looks like a peaceful place.
12. Never let anybody push you around.
In our society, with our laws and even playing field, you have just as much right to what you’re doing as anyone else, provided that what you’re doing is legal.
13. Never expect life to be fair.
Life isn’t fair. You make your own breaks. You’ll be doing good if the only meaning fair has to you, is something that you pay when you get on a bus (i.e., fare).
14. Solve your own problems.
You’ll find that by coming up with your own solutions, you’ll develop a competitive edge. Masura Ibuka, the co-founder of SONY, said it best: “You never succeed in technology, business, or anything by following the others.” There’s also an old Asian saying that I remind myself of frequently. It goes like this: “A wise man keeps his own counsel.”
15. Don’t take yourself too seriously.
Lighten up. Often, at least half of what we accomplish is due to luck. None of us are in control as much as we like to think we are.
16. There’s always a reason to smile.
Find it. After all, you’re really lucky just to be alive. Life is short. More and more, I agree with my little brother. He always reminds me: “We’re not here for a long time, we’re here for a good time!”
Connect With Go Daddy CEO, Bob Parsons
Connect with GoDaddy CEO, Bob Parsons to gain from his wealth of experience.
Bob Parsons has a personal video blog that attracts several hundred-thousand viewers and hundreds of comments.