Wednesday, February 6, 2008

The Start Up 101 Series - Traits of the Entrepreneur

In the next week or so, I will be writing a series of articles that I will call "The Start Up 101" Series which will be my observations on entrepreneurship from meeting entrepreneurs and what makes a start-up opportunity successful. Not only that--but people can be entrepreneurial while working at corporate companies and there are several Silicon Valley companies prefer this approach than the traditional corporate style.

Some of things that I will cover in the next week based on my observations:
- Characteristics of an entrepreneur
- Identifying opportunities
- Goal setting and creating benchmarks
- Surveying the competitive landscape
- And more as I think of other related topics.

Today is about defining characteristics of entrepreneurs.

First, I'll start by defining my personally coined term "Rookie Stylie." I don't think I had a chance up to now to define what "Rookie Stylie" really means to me. It is finesse, confidence and individuality to make connections and think critically about the business world. Not only that, I will have to say that it is also about being a young professional, maybe in your twenties and having a ton of potential to live up to your passions versus the old skool paradigm of working for the Man.

Entrepreneurship is the art of "taking or entering into opportunities" and many people here have dreams of having their own start-up or company. In Silicon Valley, where everyone is trying to stay competitive, we have to be our own agents or consultants, even if we are working in the corporate world. I don't think you have to be a public figure in your community to be an entrepreneur, per se, but you can be an aspiring entrepreneur if you have passion and motivation to work towards dreams and life goals. The fame comes afterwards (and only if it really is fame that you are seeking. Personally I think being a strong thought leader is a service to the community not a celebrity role.)

Another aspect that is important is to stay focused. I learned recently that it is easy to get distracted because there are a lot of wonderful things in the world that can pull away one's attention, but having an entrepreneurial spirit means you're able to seperate the important stuff from the "crap" much like we have to do with a lot of the information that is available us through the internet today.

Next up: how can you recognize you have a good opportunity to pursue?


  • New Venture Creation by Timmons & Spinelli
  • Women 2.0
  • Silicon Valley Association of Startup Entrepreneurs

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