Comments on: You Think You Want to Be an Entrepreneur? http://sephskerritt.com/2009/05/05/you-think-you-want-to-be-an-entrepreneur/ Startups, Design, Marketing, User Experience, New York, Life Thu, 22 Jul 2010 18:33:02 -0400 http://wordpress.org/?v=2.9.1 hourly 1 By: seph250 http://sephskerritt.com/2009/05/05/you-think-you-want-to-be-an-entrepreneur/comment-page-1/#comment-76 seph250 Wed, 06 May 2009 20:00:59 +0000 http://sephskerritt.com/2009/05/05/you-think-you-want-to-be-an-entrepreneur/#comment-76 Todd - great question. As a guy that evaluated A LOT of ideas and then "jumped in", I have strong feelings about this - need to write full post to cover it. Todd – great question. As a guy that evaluated A LOT of ideas and then “jumped in”, I have strong feelings about this – need to write full post to cover it.

]]> By: @JoshHurlock http://sephskerritt.com/2009/05/05/you-think-you-want-to-be-an-entrepreneur/comment-page-1/#comment-75 @JoshHurlock Wed, 06 May 2009 19:53:43 +0000 http://sephskerritt.com/2009/05/05/you-think-you-want-to-be-an-entrepreneur/#comment-75 Seph, thanks for the post. I think the key to highlight is the roller coaster ride. There will be ups and downs, and the best entrepreneurs exhibit determination and perseverance. Identifying opportunities is hard so the key for that is to take action at a low budgt cost. Therefore, there is not much risk involved initially, and this gages the potential of your entrepreneurial business. Seph, thanks for the post. I think the key to highlight is the roller coaster ride. There will be ups and downs, and the best entrepreneurs exhibit determination and perseverance.

Identifying opportunities is hard so the key for that is to take action at a low budgt cost. Therefore, there is not much risk involved initially, and this gages the potential of your entrepreneurial business.

]]> By: Todd http://sephskerritt.com/2009/05/05/you-think-you-want-to-be-an-entrepreneur/comment-page-1/#comment-74 Todd Wed, 06 May 2009 12:30:18 +0000 http://sephskerritt.com/2009/05/05/you-think-you-want-to-be-an-entrepreneur/#comment-74 Seph, for me identifying the opportunity is a very hard step. It's easy to dismiss pretty much any opportunity as flawed, or in a crowded space, or 'too hard' for some technical reason. It's also hard to find an opportunity in a domain you are excited enough about to make it your life for at least a few years. You probably didn't know much about manufacturing, or fashion, before starting ProperCloth, but were willing and interested enough to learn. Maybe you also had a mentor or partner who could bring on some domain experience. So having said that, how do you go about identifying an opportunity and deciding its 'the one' ? At some point you just have to jump in... but find that point is very hard for me. Good luck with PC! -Todd Seph,

for me identifying the opportunity is a very hard step. It’s easy to dismiss pretty much any opportunity as flawed, or in a crowded space, or ‘too hard’ for some technical reason.

It’s also hard to find an opportunity in a domain you are excited enough about to make it your life for at least a few years. You probably didn’t know much about manufacturing, or fashion, before starting ProperCloth, but were willing and interested enough to learn. Maybe you also had a mentor or partner who could bring on some domain experience.

So having said that, how do you go about identifying an opportunity and deciding its ‘the one’ ? At some point you just have to jump in… but find that point is very hard for me.

Good luck with PC!

-Todd

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