Wednesday, August 29, 2007

The Secrets of Serial Success

In this Wall Street Journal Report [^], they describe the characteristics and motivations of the serial entrepreneur. A Clemson University study they found that these people had a higher propensity for risk, innovation and achievement.

They found that most serial entrepreneurs view money as just a "tool" instead of the ultimate goal. Their "juice" is derived from the process of creating something new from scratch; and without it, their lives are empty.

My experience has been that successful founders look back at the company building process as their most favorite part. Stability is just a vacation from the chaos and innovation that is typical of the serial start-up experience.

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