They see examples of what other people have, and other's accomplishments and say "I want that."
This is a fundamental confusion of what they want, and what makes them happy. The trappings of success, the veneer of joy can be attained, but few are really satisfied in their accomplishments or the path they took to get there.
A real entrepreneur has the opportunity to achieve this. They have the opportunity to turn around, look at their accomplishments and failures and lay claim to both without remorse. In making an investment, we try and look for 'real' entrepreneurs, because those few special people will be successful. This is what we mean by management and teams. Ironically, the right person to run an 8 man shop, is rarely equipped to run an 80 person company, or an 800 person company. The skills needed are at times combative, and other times, exclusionary. This is why we look for real entrepreneurs. They can accept the success of the company without ego. They deserve to be happy, and allow themselves the privilege.
Copyright 2010
Jean-Luc Park
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