Sunday, April 17, 2011

Definition of a serial entrepreneur

Here's a definition of a serial entrepreneur from After you read it, let me know if it sounds like anyone you know:
An entrepreneur who continuously comes up with new ideas and starts new businesses. As opposed to a typical entrepreneur, who will often come up with an idea, start the company, and then see it through and play an important role in the day to day functioning of the new company, a serial entrepreneur will often come up with the idea and get things started, but then give responsibility to someone else and move on to a new idea and a new venture. This can be a good thing if the individual has lots of unique ideas and is the best one suited to get each one started, but can be a bad thing if the individual stops putting time into a company that needs his or her help, in order to try to move forward with a new idea that may or may not succeed.
Sounds like me.

Here's what Wikipedia has to say about serial entrepreneurs:
A serial entrepreneur is one who continuously comes up with new ideas and starts new businesses. In the media, the serial entrepreneur is represented as possessing a higher propensity for risk, innovation and achievement. Serial entrepreneurs are more likely to experience repeated entrepreneurial success. They are more likely to take risks and recover from business failure.
I think my family and friends will agree that this definition also seems to fit me.

If you'd like to know what I'm currently up to, you can view my profile and projects here. Make sure to bookmark that page since it's going to change rapidly as new ideas turn into businesses.

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