Thursday, September 1, 2011

The Art & Science of the Startup

It seems that one of the hottest new trends is the attempt to define and compartmentalize the entrepreneur. To define how they are created, if they can indeed be created, who they know, how they were educated... on and on we go . I guess it is human nature to try and quantify then replicate the conditions that make a successful entrepreneur. I believe there are indeed some traits and experiences that can lead to success as an entrepreneur. There are also some pitfalls that lead to incredible failure, but more on that in a later post.

Having worked with a lot of entrepreneurs as clients, and with the leading entrepreneurial foundation, The Kauffman Foundation, it is my conclusion that there are some markers that help to define an entrepreneur. Those markers alone do not create success, however. You cannot crate a set path for individuals and expect the same outcome. Entrepreneurs are as diverse as the startups they create. They also need a level of support and guidance different from others. More on our work on that later as well.

Regardless of the value of determining the 'origins of entrepreneurs' our friends at LinkedIn have created a very nice summary of some of the markers that help us to define successful entrepreneurs. It is worth a look:

Sequencing the Startup DNA from LinkedIn

There is a link to a more detailed study at the bottom of the article.

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