Sunday, April 8, 2012

Entrepreneur?

According to The Technology Entrepreneur's Guidebook, an entrepreneur has the following traits:
  • Be on the cutting edge of something novel and useful
  • Build long-term value and sustainability
  • Have freedom, control, and self-discipline
  • Have a passion and be "evangelical" (I found that humorous) about your work
  • Have confidence in your venture
  • Be focused and disciplined, while also being creative, innovative and courageous
  • Be a leader and a visionary
  • Think ahead
 So with these traits in mind, why or why not would I want to be an entrepreneur?  It seems that this is a rhetorical question (as is noted in the guidebook), but to answer it you must first determine if you have the traits listed or believe that you have the potential to build yourself into someone who has these traits.  The hardest part about being an entrepreneur, for me, is being on the cutting-edge of technology.  Things move so fast in the market, and having a novel or fresh idea that solves a problem is hard to come by.  Though our professor continually notes in class sessions that it's perfectly fine to work on a project that someone else has already thought of/done before, I think that being the one to birth something new and exciting gives a much bigger leg up than simply building on or improving someone else's idea.  The idea is key, but being able to actually take that idea and make it a reality is what makes an entrepreneur.  In the past, the amount of times I have been able to actually accomplish this task could be counted on the fingers of a single hand, and in each of these cases, the task was somewhat simple and had little to no return for me.  The creative process is the one thing that, I think, holds back many people in the technology field.  Take, for example, a gentleman by the name of Steve Gadlin.  Steve is a web developer who came up with the idea of creating a website where he simply and not so elegantly fulfilled requests that people made for him to draw a cat for them.  Thus was the birth of IWantToDrawACatForYou.com.  This novel idea has taken him to the nationally televised show "Shark Tank" to be funded by Mark Cuban.  And it all started on his toilet (as he said on the show).  Some sage advice that I've heard on multiple occasions is this: You should take an idea that is brainstormed to fruition at least once every three months.  If it's a miss, move on, but at least you are putting these ideas out there and testing their success.  If you keep trying and keep working, you have a much greater chance of getting a "hit".  All of the personality traits noted in the guidebook are very much necessary to succeed as an entrepreneur, but most of these can be learned or developed.  I think that over the years I have developed most of these, which is noticeable just by taking a look at my resume.  To conclude, again, it's really the creative process that I believe is key.

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