Problems & Pitfalls — from WORDS & DEFINITIONS?!? (part 2)
What IS an ENTREPRENEUR??
[Spoiler Alert: Nobody seems to have a universally-accepted definition — but, for the sake of this discussion, we’ll use GOOGLE’S DEFINITION (below) to illustrate a few common misconceptions (that have evolved over time) about what “an entrepreneur” actually is]
So, why am I so interested in discussing the wide variety of contradictory definitions of Entrepreneur? (Particularly the specific parts associated with my notes written in red on the image above?) Because…
- Because the success of my first startup was a direct result of my personal epiphany that I could be a successful entrepreneur without being the CEO (and my business partner’s understanding that he could be a successful entrepreneur without it being his idea) — explained in more detail at www.IamNOTaCEO.com
- Because I believe that unnecessary labels and misunderstood definitions (along with the related “lack of self-awareness in founders” and “mis-matched skillsets among co-founders”) are big parts of why MOST startups/entrepreneurs fail. [BUT, they are parts that can be easily/quickly corrected by just stopping to really think about all this!]
- Because if we remove some of these misconceptions (particularly the all-in/full-time bias), I think we open the door to MANY new (potentially-great!) entrepreneurs — including the ever-elusive Technical CoFounder! [More on that here: Risk. To Celebrate or Mitigate?]
- Because WE (“ReThinkingStartups.com” & “The Whatever Network”) are actively looking for: A) Entrepreneurs who understand (and are ok with) the fact that they can be successful entrepreneurs without it being their idea — and, ideally, are also excited about joining us for some of the “Starter Startups” we’re working on! B) GREAT executors, operators, managers, marketers, designers, etc. — even if they’d previously never thought to even consider themselves “an Entrepreneur!”