Comments on: What Makes an Entrepreneur? Cojones (7/11) http://www.bothsidesofthetable.com/2010/01/05/what-makes-an-entrepreneur-appetite-for-risk-711/ Entrepreneur turned VC Mon, 14 Nov 2011 23:37:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Part time Entrepreneur, fulltime Employee » SDK http://www.bothsidesofthetable.com/2010/01/05/what-makes-an-entrepreneur-appetite-for-risk-711/comment-page-3/#comment-3222 Part time Entrepreneur, fulltime Employee » SDK Tue, 09 Feb 2010 23:15:37 +0000 http://www.bothsidesofthetable.com/?p=1706#comment-3222 [...] Of course Gridspy is all that I want to work on and all that I can think about. This creates constant tension/wishful thinking in wanting to jump in both feet first and get everything up and running now, yesterday! It doesn’t help that this fully dedicated full-time start-up founder is also a widely published expectation. [...] [...] Of course Gridspy is all that I want to work on and all that I can think about. This creates constant tension/wishful thinking in wanting to jump in both feet first and get everything up and running now, yesterday! It doesn’t help that this fully dedicated full-time start-up founder is also a widely published expectation. [...]

]]> By: Lean Startup Theories Within Ultra-Bootstrapped Realities http://www.bothsidesofthetable.com/2010/01/05/what-makes-an-entrepreneur-appetite-for-risk-711/comment-page-3/#comment-3221 Lean Startup Theories Within Ultra-Bootstrapped Realities Tue, 09 Feb 2010 20:01:02 +0000 http://www.bothsidesofthetable.com/?p=1706#comment-3221 [...] Some people think if you’re a real entrepreneur you need to quit your job and go for the gold before you have any funding or are profitable.  I do not agree with these types of generalizations, especially when it comes to money.  It is easy to to look at a few proven examples and make a rule, but it can be damaging to exclude those who do not fit within such arbitrary guidelines.  And people who make generalization such as these can change their minds.  Why?  There will always be exceptions to these types of rules.  And as exceptions go, it is usually the talented who embody these exceptions.  I can’t afford not to work.  I have a day job working part time, so I can devote more time to DoDont.  I work as an administrative assistant, a position that I’m over-qualified for, in order to concentrate on DoDont.  My family has made serious sacrifices so I can invest all free time into this startup.  I would love nothing more than to quit my day job and work on something I love, but economic realities preclude sophomoric optimism.  As a result, team DoDont works nights and weekends.  We try to improve as fast as humanly possible within our realities.  This is the situation we are in.  At some point our situation will change.  Until then we are scrappy, pushing hard to make DoDont better, growing little by little, unwavering in our desires to create something useful, meaningful and lasting. This entry was posted in Build Your Own Web Application and tagged DoDont, Eric Ries, Facebook, Lean Startup, Minimum Viable Product, Ultra-Bootstrapped, Web Application. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL. « DoDont Starts The Conversation (With Crazies) [...] [...] Some people think if you’re a real entrepreneur you need to quit your job and go for the gold before you have any funding or are profitable.  I do not agree with these types of generalizations, especially when it comes to money.  It is easy to to look at a few proven examples and make a rule, but it can be damaging to exclude those who do not fit within such arbitrary guidelines.  And people who make generalization such as these can change their minds.  Why?  There will always be exceptions to these types of rules.  And as exceptions go, it is usually the talented who embody these exceptions.  I can’t afford not to work.  I have a day job working part time, so I can devote more time to DoDont.  I work as an administrative assistant, a position that I’m over-qualified for, in order to concentrate on DoDont.  My family has made serious sacrifices so I can invest all free time into this startup.  I would love nothing more than to quit my day job and work on something I love, but economic realities preclude sophomoric optimism.  As a result, team DoDont works nights and weekends.  We try to improve as fast as humanly possible within our realities.  This is the situation we are in.  At some point our situation will change.  Until then we are scrappy, pushing hard to make DoDont better, growing little by little, unwavering in our desires to create something useful, meaningful and lasting. This entry was posted in Build Your Own Web Application and tagged DoDont, Eric Ries, Facebook, Lean Startup, Minimum Viable Product, Ultra-Bootstrapped, Web Application. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL. « DoDont Starts The Conversation (With Crazies) [...]

]]> By: eBoys: The First Inside Account of Venture Capitalists at Work « B2B Tech Entrepreneur – David Cummings http://www.bothsidesofthetable.com/2010/01/05/what-makes-an-entrepreneur-appetite-for-risk-711/comment-page-3/#comment-3220 eBoys: The First Inside Account of Venture Capitalists at Work « B2B Tech Entrepreneur – David Cummings Mon, 01 Feb 2010 02:04:56 +0000 http://www.bothsidesofthetable.com/?p=1706#comment-3220 [...] a comment » After reading Mark Suster’s blog post where he mentioned the book eBoys: The First Inside Account of Venture Capitalists at Work, I new I [...] [...] a comment » After reading Mark Suster’s blog post where he mentioned the book eBoys: The First Inside Account of Venture Capitalists at Work, I new I [...]

]]> By: Haji S. Seesay http://www.bothsidesofthetable.com/2010/01/05/what-makes-an-entrepreneur-appetite-for-risk-711/comment-page-3/#comment-24268 Haji S. Seesay Sun, 31 Jan 2010 15:38:00 +0000 http://www.bothsidesofthetable.com/?p=1706#comment-24268 hey Mark, I saw your interview on Mixergy and also on TWIT with Jason a few weeks ago. I want to say thank you for the information. But here is a question. When you're making a decision about funding an entrepreneur, what do you consider the most, say, intelligence vs tremendous curiosity...which is more important in your decision making?? hey Mark, I saw your interview on Mixergy and also on TWIT with Jason a few weeks ago. I want to say thank you for the information. But here is a question. When you’re making a decision about funding an entrepreneur, what do you consider the most, say, intelligence vs tremendous curiosity…which is more important in your decision making??

]]> By: Haji S. Seesay http://www.bothsidesofthetable.com/2010/01/05/what-makes-an-entrepreneur-appetite-for-risk-711/comment-page-3/#comment-3219 Haji S. Seesay Sun, 31 Jan 2010 14:38:30 +0000 http://www.bothsidesofthetable.com/?p=1706#comment-3219 hey Mark, I saw your interview on Mixergy and also on TWIT with Jason a few weeks ago. I want to say thank you for the information. But here is a question. When you're making a decision about funding an entrepreneur, what do you consider the most, say, intelligence vs tremendous curiosity...which is more important in your decision making?? hey Mark, I saw your interview on Mixergy and also on TWIT with Jason a few weeks ago. I want to say thank you for the information. But here is a question. When you're making a decision about funding an entrepreneur, what do you consider the most, say, intelligence vs tremendous curiosity…which is more important in your decision making??

]]> By: Mark Essel http://www.bothsidesofthetable.com/2010/01/05/what-makes-an-entrepreneur-appetite-for-risk-711/comment-page-3/#comment-10308 Mark Essel Fri, 29 Jan 2010 22:01:18 +0000 http://www.bothsidesofthetable.com/?p=1706#comment-10308 "But to me if you’re not willing to quit and take a risk on yourself, then you’re not confident enough in your own idea and skills. Why should I be?"<br><br>Great line, but I wouldn't even bother asking a VC for investment without positive traction and proof of growth. If I can't do that while I'm working a few hours a week to pay the mortgage/bills then I don't deserve to start a business.<br><br>The reality of true feedback, trumps all the guesswork of "could be". “But to me if you’re not willing to quit and take a risk on yourself, then you’re not confident enough in your own idea and skills. Why should I be?”

Great line, but I wouldn't even bother asking a VC for investment without positive traction and proof of growth. If I can't do that while I'm working a few hours a week to pay the mortgage/bills then I don't deserve to start a business.

The reality of true feedback, trumps all the guesswork of “could be”.

]]> By: andyappan http://www.bothsidesofthetable.com/2010/01/05/what-makes-an-entrepreneur-appetite-for-risk-711/comment-page-3/#comment-10309 andyappan Wed, 27 Jan 2010 06:21:24 +0000 http://www.bothsidesofthetable.com/?p=1706#comment-10309 START-UP Fund 5 Mn$ Profit 60 Mn$/Yr <br>Repayment 10 Mn$ in 2 Yrs<br>Building Ferry, Truck ,Own & Operating-BOOP<br>Not for Sale, Rent, Lease. Repay Loan+Int<br>Shed 1 Mn$, 660 kn Ferry 1000 Pass Cost 3 Mn$<br>Truck 20 T 40 Pass 200 kmph 10#*100,000 = 1 Mn$<br>Truck Travel 2000 km /Day Fare $1/100 km <br>Now 40 Hrs, Fare 20 $<br>Andy 20 Hrs Fare 20 $<br>10 TRUCKS 20 T, CER 2223 T/Yr<br>Income 10*40*200/100*20*360=576k-192k=3.84 Mn$/Yr<br>Ferry 660 kn, Travel 3600 km Fare $1/100 km <br>Chennai-Singapore<br>Now Ferry 80 Hrs 100 $<br>Aereoplane 4 Hrs, 120 $<br>Andy Ferry 4 Hrs 40 $<br>500 GRT, 660 kn, CER 13,392 T/Yr<br>Income 1000*1200/100*20*360=86-30=56.Mn$/Yr<br>.<br>First Year Income= 320,000 $/Month<br>Second Year Income= 5 Mn$/Month<br>M A APPAN M E 45 Yrs EXPERT Ph.. 91 09840463337<br>E mail <a href="mailto:niraima@gmail.com" rel="nofollow">niraima@gmail.com</a> START-UP Fund 5 Mn$ Profit 60 Mn$/Yr
Repayment 10 Mn$ in 2 Yrs
Building Ferry, Truck ,Own & Operating-BOOP
Not for Sale, Rent, Lease. Repay Loan+Int
Shed 1 Mn$, 660 kn Ferry 1000 Pass Cost 3 Mn$
Truck 20 T 40 Pass 200 kmph 10#*100,000 = 1 Mn$
Truck Travel 2000 km /Day Fare $1/100 km
Now 40 Hrs, Fare 20 $
Andy 20 Hrs Fare 20 $
10 TRUCKS 20 T, CER 2223 T/Yr
Income 10*40*200/100*20*360=576k-192k=3.84 Mn$/Yr
Ferry 660 kn, Travel 3600 km Fare $1/100 km
Chennai-Singapore
Now Ferry 80 Hrs 100 $
Aereoplane 4 Hrs, 120 $
Andy Ferry 4 Hrs 40 $
500 GRT, 660 kn, CER 13,392 T/Yr
Income 1000*1200/100*20*360=86-30=56.Mn$/Yr
.
First Year Income= 320,000 $/Month
Second Year Income= 5 Mn$/Month
M A APPAN M E 45 Yrs EXPERT Ph.. 91 09840463337
E mail niraima@gmail.com

]]> By: What Makes an Entrepreneur (7/11) – Detail Orientation http://www.bothsidesofthetable.com/2010/01/05/what-makes-an-entrepreneur-appetite-for-risk-711/comment-page-3/#comment-3218 What Makes an Entrepreneur (7/11) – Detail Orientation Tue, 26 Jan 2010 18:02:42 +0000 http://www.bothsidesofthetable.com/?p=1706#comment-3218 [...] I started the series talking about what I consider the most important attribute of an entrepreneur : Tenacity.  I then covered Street Smarts, Ability to Pivot, Resiliency, Inspiration, Perspiration and Willingness to Take Risks. [...] [...] I started the series talking about what I consider the most important attribute of an entrepreneur : Tenacity.  I then covered Street Smarts, Ability to Pivot, Resiliency, Inspiration, Perspiration and Willingness to Take Risks. [...]

]]> By: Julian Barnes http://www.bothsidesofthetable.com/2010/01/05/what-makes-an-entrepreneur-appetite-for-risk-711/comment-page-3/#comment-10310 Julian Barnes Sat, 23 Jan 2010 02:51:46 +0000 http://www.bothsidesofthetable.com/?p=1706#comment-10310 Mark - I just discovered your Blog today and I have read the first seven posts for What Makes An Entrepreneur and I love it!!! Is the Cojones post the last one? I couldn't find posts 8-11. Thanks. Mark – I just discovered your Blog today and I have read the first seven posts for What Makes An Entrepreneur and I love it!!! Is the Cojones post the last one? I couldn't find posts 8-11. Thanks.

]]> By: Planning for Aliens » Blog Archive » Clark Kent by Day… http://www.bothsidesofthetable.com/2010/01/05/what-makes-an-entrepreneur-appetite-for-risk-711/comment-page-3/#comment-3217 Planning for Aliens » Blog Archive » Clark Kent by Day… Thu, 21 Jan 2010 01:22:49 +0000 http://www.bothsidesofthetable.com/?p=1706#comment-3217 [...] my day job is why I’m going to fail. This dude says I’m not an entrepreneur because I have a day job. For me and others like me there is little choice. I’m married. My appetite for risk and my [...] [...] my day job is why I’m going to fail. This dude says I’m not an entrepreneur because I have a day job. For me and others like me there is little choice. I’m married. My appetite for risk and my [...]

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