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Saturday, March 11, 2006

On Becoming An Entrepreneur

Matt asks the question- “how can the more technically minded among us move into making companies of our own?” and posts answer to it – in a very readable post on entrepreneurship with - starting, idea, people, product, money. He starts the note with the famous question that Steve jobs put to John Sculley- “Do you want to sell sugar water for the rest of your life, or do you want to change the world”. I see that Matt has covered quite comprehensively the issues to resolve in the run upto and early stages of entrepreneurism. May be a follow up post on maintaining growth and branching out after stability, attracting and retaining good talent & let go of controls at a stage - all are equally important in getting to become an enduring organization. Dharmesh Shah comes with a well compiled list of factors for success for software entrepreneurs. In particular the words, “simply having a great idea is not correlated with success - many people with great ideas that haven’t built great businesses and many people with not-so-great ideas that have done really well” sums up all the charm about entrepreneurism. Rajesh writes so passionately about the need for entrepreneurs to have a vision and outlines steps for developing vision for tommorow. Must read for all budding entrepreneurs.

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