Thursday, January 24, 2013

How to be a Ent. in 5 pages!

Our first reading assignment was the first 5 pages of "The Technology Entrepreneur Guidebook" which I was putting off for a while, but if you blink then you have read it. In the reading it talks about what qualities an entrepreneur needs to have. Most of the qualities are similar to what a lot of other reading materials have been eluding too. Passion, commitment and focus are all must haves! The odd thing about this reading material is their scare tactics on the first page. They toss out statistics that basically say that you have the odds stacked against you and as a entrepreneur you need to be prepared to fail. I am not really sure what the motive of this is, are they trying to scare the people that don't have what it takes to be an Ent. away? Or are the trying to challenge those that do have what it takes? Like saying to them, "look at how much of a champion you will be if you succeed!" In my opinion I think a good Ent. needs to be competitive, and by telling them you're going to fail will just make them want to prove you wrong. Our professor went on to say that the scary statistics may even be a little generous for today's market.

All and all I feel like reading about how to be an Ent. is interesting but at the same time annoying. It gives some really cool advice, most of which I think can be adopted for a lot of things besides business, but at the same time they make it sound like your going to have to go through the Herculean trials to be successful. Why does the Predator visit Earth every 1,000 years? So that "one in 6,000,000 high-technology business ideas can end up a IPO." Despite all the reading, my opinion is starting to be that if you want to be an Ent., all you really need is a dang good idea and the passion not to give up on it.

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