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7 Technology Entrepreneur Examples You Should Emulate

Startup Professionals Musings

By most definitions of the term, an entrepreneur is someone who starts a new business, incorporating innovative changes to existing products, services, business models, and creating new markets. One way of identifying the right characteristics and approaches is to take a hard look at entrepreneurs who have done it.

Examples 131
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7 Mindsets for Succeeding as an Aspiring Entrepreneur

Startup Professionals Musings

Every business professional I know, or have met in my consulting role, has given serious thought to the alternative of switching to the entrepreneur lifestyle , pursuing a long-standing dream, and controlling their own destiny. You have to cater to many different user categories. Find an idea that matches your set of values.

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We Need Entrepreneurs Who Think Like Revolutionaries

Startup Professionals Musings

The realm of an entrepreneur is all about change, but in my experience as a mentor to business founders, I hear too much about incremental change, and not enough about revolutionary change. Uber and Airbnb are examples of startups that started the sharing movement, but quickly grew to challenge large conglomerates.

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Great Entrepreneurs Rush To Embrace The Right Risks

Startup Professionals Musings

Serious entrepreneurs know that, but too many “wannabes” still fall for that elusive get-rich-quick scheme with no risk. As an active angel investor, I still hear entrepreneurs asserting large opportunities with minimal risk and no competition. When entrepreneurs become prisoners of hope, they look for others to solve their problem.

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8 Change Triggers Every Entrepreneur Must Spot Early

Startup Professionals Musings

For example, if it’s getting harder to charge a price premium for the product you’re marketing, or others are offering your subscription service for free, it may be time to start thinking in a new box. Another example is seeing substitute versions of a product, like eBooks, for a low price displacing hardcover books.

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How To Know It’s Time To Exit Your Company Gracefully

Startup Professionals Musings

For most entrepreneurs, their current business is not where they intend to stay until they die. Warren Buffett and Rupert Murdoch clearly fall into this category. Bill Gates and Oprah Winfrey are business examples in this category. Which category will you fall into? Aging despots. What matters most to you?

Company 164
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All New Venture Opportunities Come With Unknown Risks

Startup Professionals Musings

Serious entrepreneurs know that, but too many “wannabes” still fall for that elusive get-rich-quick scheme with no risk. As an active angel investor, I still hear entrepreneurs asserting large opportunities with minimal risk and no competition. When entrepreneurs become prisoners of hope, they look for others to solve their problem.