Sunday, August 17, 2014

Entrepreneur in a nutshell


Entrepreneur in a nutshell:

How do entrepreneurs think and behave?

I find entrepreneurs have a great discipline to pursue what they take up. Think Steve Jobs of Apple, Bill Gates for Microsoft, how they started and built their “Accidental Empires”.  They take up what matters and leave the rest. They don’t get on to every bandwagon just to keep their presence felt. They are alert, focused and understand what the emerging trends are in the area of their interest. They are also innovative to come up with something new which can even be a breakthrough and disruptive.
They act on their thoughts and adapt quickly with the feedback they consider valuable.  They create and enable work opportunities for many in their domain.
Think Internet. How many ways is Internet used to breed new business models, find new approaches to solve old problems? Think how portable computing (mobile phones) are used to make a difference in the lives of many as well as for new opportunities in businesses.

Reference:

Accidental Empires: Accidental Empires: How the Boys of Silicon Valley Make Their Millions, Battle Foreign Competition, and Still Can't Get a Date Paperback – September 13, 1996

by Robert X. Cringely  (Author)

McGrath, Rita Gunther & MacMillan, Ian. ( © 2000). The entrepreneurial mindset:

 strategies for continuously creating opportunity in an age of uncertainty