"A couple of hundred years ago, that's all anyone ever was, an entrepreneur, in one way or another, because there were no big corporations. I think we all have the stuff inside us to do it, but we get used to things being done in a certain way, like I did at Avon. I got used to having a lot of people working for me whom I could count on and trust. I got used to lots of departments I could access, like research and finance.

If you're considering becoming an entrepreneur, you have to ask yourself what your vision is, and make it so hot and so compelling that it can propel you forward no matter what. Once you have that powerful vision, you have to then ask, 'What am I willing to let go of?' If the vision is so wonderful in your mind, you can let go of that other stuff.

If you can't do that, then don't become an entrepreneur right now.... You have to let go of your old title, getting a paycheck every two weeks, your stock options. You have to let go of that in order to reach out and grasp a new one, and all the possibilities of how you're going to express yourself and what you're going to create."