Do you have what it takes to be an entrepreneur?

March 30th, 2010 by tomeast Leave a reply »

Today I read Steve Blank’s excellent post on Teaching Entrepreneurship. After sharing some insightful experience on the best manner to teach an entrepreneur how to be an entrepreneur, Steve brings up the fact that many just aren’t cut out for the lifestyle required of an entrepreneur. As I sit here developing our startup idea, this question made me ponder if I have what it takes to follow this through to its successful conclusion.

When I first got out of college, I accepted a position with a startup. It was exhilarating to experience the highs (new customers, great team members, and eventually acquisition) and depressing to experience the lows (all nighters, skipped paychecks, and an unknown future). Now that I’m a bit further along in life and have more mouths to feed than my own, I worry that I’m past the point of the roller coaster ride that is a startup. At the same time, I’m excited to consider what could be achieved with good partners, an untapped market segment, and a passion about creating something useful – I’m certainly not working late nights because its the cool thing to do. I’ll keep down this path as long as I can but I wonder what others think are the best predictors of a successful entrepreneur?

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