Tuesday, March 04, 2008

Serial Entrepreneur...

Over the weekend, I came across someone who was supposed to be a serial entrepreneur... 'serial entrepreneur' - I thought what a funny title... in the lines of serial killers and such... Is this guy supposed to be a killer of startup ventures?! (On the contrary, this term refers to guys starting one business followed by another and often another...)

Why would somebody become a 'entrepreneur'?

Quoting Linda Pinson, creator of business plan software (business-plan.com)

First (of all), many entrepreneurs want to be masters of their own fate and they can't find this outside of entrepreneurship. While studies have shown that people derive tremendous satisfaction from their work, how many people are really doing exactly what they want to be doing? Entrepreneurs like to be in control of their future. They like to set their own course.

Many entrepreneurs feel that running a business offers far more security than being an employee. Entrepreneurs often argue that you can acquire wealth much faster if you own a business and you can build a buffer of personal financial security. Further, an entrepreneur's continued paycheck isn't dependent upon a single employer whose faulty business decisions could lead to being laid off. So, while some people see starting a business as more risky than conventional employment, other people see it as less risky.

Why would somebody become a 'serial entrepreneur'?

Well... I would say, if you know how to start a new venture and if you enjoy the process of establishing and building a structure 'built to last' - you should become a 'serial entrepreneur'!
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One of the best aspects of this society is that there is a big tolerance for failure. It is "OK" to be a failure. If you fail at something, you just brush the dust off yourself and then, start working on the next.

If you fail in your venture, collect the learnings and then, start off with your next venture.

If you fail at your married life, just take some time to collect yourself and then, look afresh at life.

Just that, you should not jump into something just because 'failure is ok'!!

2 comments:

Prashant Sree said...

Nice reasons u have stated for an entrepreneur.
Looked rather like a serial explanation about a serial entrepreneur ;)

Bhaskar Sree said...

P S

well... !!!
:-)

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