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Serial Entrepreneurs and What Motivates Them

Written by: Brad Feld

Article Overview: The WSJ has an excellent article titled The Secrets of Serial Success. The “serial entrepreneur” is a mysterious beast and entrepreneurship sociologists have been poking and prodding at it for some time. Most articles I read about the “motivation of serial entrepreneurs” falls short – this one nails a lot of the things I’ve observed and experienced.

Serial Entrepreneurs and What Motivates Them

The WSJ has an excellent article titled The Secrets of Serial Success. The “serial entrepreneur” is a mysterious beast and entrepreneurship sociologists have been poking and prodding at it for some time. Most articles I read about the “motivation of serial entrepreneurs” falls short – this one nails a lot of the things I’ve observed and experienced.

My friends Tim Miller and Ryan Martens from Rally Software both have parts in the article. Tim and Ryan had a nice success with their previous company (Avitek – acquired by BEA) and are now working hard at their next company. They typify the “serial entrepreneur species” (of the “entrepreneur genus”.)

Read this article in Brad's Blog.

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Article Tags: bea, blog, genus, motivation, mysterious beast, nails, rally, serial entrepreneur, sociologists, tim miller, wsj



Related Forum Posts
CEOs and Email - Slaves? - I wonder if the emails they are responding to are filtered thru their assistants first 'cos they seem to spend a lot of their off hours responding to them. True they are successful but I'm not sure I'd be willing to pay that price. I'd be interested to know what's the in the typical day planner of Entrepreneurs on the Forum. Entrepreneurs are a different breed than Paid Employees- so it would be interesting to view the contrast.
Fundraising for 3rd world Entrepreneurs - How great to learn that Evan is doing something for Entrepreneurs in Africa! It just makes me even more thankful to be part of this forum! After helping create a new charity for animals in my local community last year, I created a vision for a charity empowering Women Entrepreneurs. It won't happen for a while yet, but I know it is something I will do within the next few years. As we allow ourselves to think bigger, the opportunity to impact people becomes much bigger as well. Does anyone else have a desire to really make a difference in the world through this means?
Re: First roadblock or finding the right market... - I love it Tom... Quitting... tuck tail and run... bury your head in the sand... write a letter!!! I've been accused by my wife of being a "Serial Entrepreneur"... In other words someone that is not satisfied with just one successful business idea and I'm always looking for others. I think that describes most members to this forum! That being said, I'm always finding myself being challenged by new business ideas and then searching for whether they are viable. The most important aspect of deciding whether it is viable is not always the competition in the first analysis. For me, it's more important to research how many people are actually searching for what you're looking for and there are a number of sites out there that can show you search information for specific keywords. If there is a strong demand for your idea (Based on search volumes), then you look at who is actually servicing the market, how big they are and if they have a national or regional presence. (PM me and I'll pass along a great link to work from). Most importantly, your idea needs to offer something different to what the existing suppliers are offering and that uniqueness, combined with a large enough demand, will allow for some room in the market for you. The worst case scenario would be lots of competition and no demand for the product or service. You got everyone fighting over a select group of customers and the big boys will always win with there unlimited marketing cash... (Real life experience and loses to prove this!!!)...
Re: Greetings from Camping Embroidery - You are welcome to the club. You are networking with the best Entrepreneurs on the whole wide web
Re: New Funding Source Now LIVE! - I have checked the site and it seems it for American Entrepreneurs only. Please correct me if I am wrong


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