3 Entrepreneurial Delusions
- Details Posted Feb 13, 2012
The 3 delusions of an entrepreneur, as established by GROW VC, are important for every investor to realize. Chances are, these delusions are something that investors and entrepreneurs have in common. Ranging from "Once things settle down" to "From 8 AM To Exit" the article explores some of the misconceptions of being an entrepreneur, and often some of the attitudes that hinder and handicap success. For investors the message is two-fold: Watch out for these traits in entrepreneurs, and don't fall in to the trap yourself.
The trap of focusing on an exit can hinder the growth of a startup. Focusing your efforts and build on finding a buyer or looking for liquidity can turn off any perspective buyer, for an investor this statements rings true as well. As an early investor, if you are actively pushing for growth that may or may not be best for the company, but could lead to a quick exit, will inevitably only hurt the startup itself.
To learn more, and read the full article, click here.