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Entrepreneurship

Your venture is your character

Your venture is your character

As an active Founder, the growth of your venture cannot outgrow your personal rate of growth (at least not in a sustainable way).

Shocking to say, but not surprising - as founder you are the core of your venture. Every decision, every responsibility, and every dilemma rests upon you.

No matter how skilled and brilliant you may be, you can be pulled down by flaky integrity, emotional immaturity, or by clouded perceptions blinding one to reality. Weakness in any of those areas is deadly; it only takes a single mistake there to kill a business.


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Levelling up

Levelling up

New challenges present themselves, only because one has risen to be able to face them.

Think about it - If you hadn't come this far already, there wouldn't be your latest, greatest challenge looming ahead of you. You would never know it, and would never have the opportunity to grow through the series of experiences that lead to you your current situation.

Therefore, If there's a sudden hike in difficulty, take heart; it's likely that you've just successfully levelled-up.


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Find your Wilson

Find your Wilson

A startup is like getting marooned on an island. One of two things must happen:

You either survive long enough to get rescued, or you give up and die.

That's it. Either one eventuality, or the other.

It's one's duty therefore, to remain scrappy, to live desperately, and shamelessly, disregarding filth and pain, and suffer your way to a rescue (be it acquisition, or a sustainable existence).

Or, you can give up, and then you will die.


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Courage

Courage

In all honesty, it's riding the emotional rollercoaster of running a company that is often the most turbulent struggle. Sadly, it's seldom discussed (and I'd like to change that).

Founding a startup requires entering a new relationship, perhaps like that between a nurse and a child. 

If your company improves, you will leap with joy, and when it suffers you will recoil in rage and sadness. If it dies, your heart will be broken and the level of pain will be hard to imagine. However, all but the deepest wounds recover with time and self-soothing, and you will learn to try again.


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Founders, Entrepreneurs, and Businesspeople

Founders, Entrepreneurs, and Businesspeople

The terms Founder, Entrepreneur and Businessperson are often used interchangeably. However, there are genuine semantic differences between each.

I define each as the following:

  • Founder - one who creates and nurtures a venture that creates a new market, enables other ventures, or powerfully satisfies a previously unfulfilled need within society.
  • Entrepreneur - one who undertakes a venture that focuses a targeted solution on a previously unserved (or underserved) niche.
  • Businessperson - one who takes a well-established formula and seeks to optimise it's overall execution.


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