Are you an Entrepreneur??

  • Posted by a hidden member.
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    Feb 01, 2013 12:11 AM GMT
    Hey RJ members. Just out of curiosity, is there anyone on this site who is an entrepreneur?

    If so, I have three questions:

    1) In what industry does your company work in and what are its functions?
    2) Why did you decide to build your own company?
    3) Is there an important lesson you learned that you can summarize in a sentence or two?
  • conservativej...

    Posts: 2465

    Feb 01, 2013 8:34 AM GMT
    Wrong audience my friend. icon_wink.gif
  • Posted by a hidden member.
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    Feb 01, 2013 9:01 AM GMT
    I am.

    Question though: why are you asking?
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    Feb 01, 2013 2:42 PM GMT
    k3l3k0 saidI am.

    Question though: why are you asking?


    I'm in the entrepreneurship club at my university (we are #8 in the country).

    Also, I'm just starting up my website which has gotten good feedback from other entrepreneurs.
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    Feb 01, 2013 2:43 PM GMT
    conservativejock saidWrong audience my friend. icon_wink.gif


    I don't think so because I know Allen (GAMRican) started his own company and I believe I saw others posted on the "What is your Job" thread about working at startups.
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    Feb 01, 2013 2:49 PM GMT


    In the making....
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    Feb 01, 2013 6:18 PM GMT
    sonicpower19 said
    conservativejock saidWrong audience my friend. icon_wink.gif


    I don't think so because I know Allen (GAMRican) started his own company and I believe I saw others posted on the "What is your Job" thread about working at startups.


    I think he said he was at a not for profit - though maybe he started it. And I'd agree I think there are a fair number of entrepreneurs - though arguably not enough.

    I created one company that helps companies in North America make parts in Asia. Out of that, am building another company that makes retail fixtures and hardware with manufacturing in Asia and Canada and finally and starting to dabble... working with another RJ'er to make learning apps with an academic researcher I know.

    If you're developing something online, I'd highly recommend following news.ycombinator.com as there are a number of interesting articles that kind of hit the subset of people who are interested in technology, design and entrepreneurship. I'd also suggest that you want to build a good support network of friends and family or other entrepreneurs you can bounce ideas off of.

    Being your own boss can be lonely and many succumb to depression... most "overnight successes" that I've seen take years if not over a decade to produce. In large part because it's a marathon not a sprint. I'd highly recommend you read "Do more faster " - which is a good primer for anyone considering or doing a startup -
    http://www.amazon.com/Do-More-Faster-TechStars-Accelerate/dp/0470929839/
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    Feb 01, 2013 6:30 PM GMT
    riddler78 said
    sonicpower19 said
    conservativejock saidWrong audience my friend. icon_wink.gif


    I don't think so because I know Allen (GAMRican) started his own company and I believe I saw others posted on the "What is your Job" thread about working at startups.


    I think he said he was at a not for profit - though maybe he started it. And I'd agree I think there are a fair number of entrepreneurs - though arguably not enough.

    I created one company that helps companies in North America make parts in Asia. Out of that, am building another company that makes retail fixtures and hardware with manufacturing in Asia and Canada and finally and starting to dabble... working with another RJ'er to make learning apps with an academic researcher I know.

    If you're developing something online, I'd highly recommend following news.ycombinator.com as there are a number of interesting articles that kind of hit the subset of people who are interested in technology, design and entrepreneurship. I'd also suggest that you want to build a good support network of friends and family or other entrepreneurs you can bounce ideas off of.

    Being your own boss can be lonely and many succumb to depression... most "overnight successes" that I've seen take years if not over a decade to produce. In large part because it's a marathon not a sprint. I'd highly recommend you read "Do more faster " - which is a good primer for anyone considering or doing a startup -
    http://www.amazon.com/Do-More-Faster-TechStars-Accelerate/dp/0470929839/


    Thanks Riddler for the info! Don't worry I've been trying to grow my professional network here in Chicago and it has been going very well. I constantly read the news - it's the first thing I do when I wake up. I have a defined plan of what I want to do and I have been communicating that with my entrepreneur mentors.
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    Feb 01, 2013 6:31 PM GMT
    Yes, duh.
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    Feb 01, 2013 6:51 PM GMT
    I am. I work in technology and processes for large university fundraising operations. I went independent because I wanted to see what it was like to avoid large organization politics and small organization ineptitude. The results are mixed, and any situation has a combination of benefits and drawbacks. I have seen several folks in their early 20s try to start companies and not do so well because they lack experience. If you really want to be entrepreneurial do something that you know well already, or partner in some way with people who have 10+ years relevant experience. Be prepared to economize and, if you have to, live on fumes from your wallet.
  • Posted by a hidden member.
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    Feb 14, 2013 4:21 PM GMT
    http://mashable.com/2013/02/11/entrepreneur-test/

    entrepreneur_info_colored_small-2.png
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    Feb 14, 2013 4:23 PM GMT
    sonicpower19 said
    riddler78 said
    sonicpower19 said
    conservativejock saidWrong audience my friend. icon_wink.gif


    I don't think so because I know Allen (GAMRican) started his own company and I believe I saw others posted on the "What is your Job" thread about working at startups.


    I think he said he was at a not for profit - though maybe he started it. And I'd agree I think there are a fair number of entrepreneurs - though arguably not enough.

    I created one company that helps companies in North America make parts in Asia. Out of that, am building another company that makes retail fixtures and hardware with manufacturing in Asia and Canada and finally and starting to dabble... working with another RJ'er to make learning apps with an academic researcher I know.

    If you're developing something online, I'd highly recommend following news.ycombinator.com as there are a number of interesting articles that kind of hit the subset of people who are interested in technology, design and entrepreneurship. I'd also suggest that you want to build a good support network of friends and family or other entrepreneurs you can bounce ideas off of.

    Being your own boss can be lonely and many succumb to depression... most "overnight successes" that I've seen take years if not over a decade to produce. In large part because it's a marathon not a sprint. I'd highly recommend you read "Do more faster " - which is a good primer for anyone considering or doing a startup -
    http://www.amazon.com/Do-More-Faster-TechStars-Accelerate/dp/0470929839/


    Thanks Riddler for the info! Don't worry I've been trying to grow my professional network here in Chicago and it has been going very well. I constantly read the news - it's the first thing I do when I wake up. I have a defined plan of what I want to do and I have been communicating that with my entrepreneur mentors.


    Riddler offshores US jobs for a living, sonicpower. icon_lol.gif
  • Posted by a hidden member.
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    Feb 14, 2013 4:24 PM GMT


    conservativejock inherited everything.
  • HndsmKansan

    Posts: 16311

    Feb 14, 2013 4:33 PM GMT
    Always have been absolutely an entrepreneur.... from the time I started teaching horsemanship in 9th grade. Loved it! Friends of mine called my
    barn "ridiculous" since I was a kid teaching adults! Taught horsemanship until after law school and now I run my own investment firm. Every day is different than the last. Love being my own boss. I've already received permission from my broker/dealer to be a PT on the side with a few very few clients since I love fitness and I'll eventually teach some basic horsemanship classes again as well.
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    Feb 14, 2013 5:21 PM GMT
    I'm literally all over the place! but more in the investing branch of things.

    I trade in energy markets, metals and foreign exchange.

    I also have investments in software and may decide to produce a few apps on my free time just to have fun and diversify but at present I specialize in Crude Oil.

    Eventually I'd also like to invest in commercial real estate.

    I simply did not have the personality to work for someone else or in a job nor did i want to wait till i was 40 to have a real career if i put myself through professional post grad schools so I dropped out, taught myself and saved up till i was ready.

    and as for your last question, research, patience and belief is everything. I'm a huge skeptic and do not trust anyone or what most people say i have to do the math on my own and go with my own conclusions over others or the majority. Big business succeeded because they were unique and had strategical advantage not cookie cutter plans that everyone agreed with at some forum or an academy.
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    Feb 14, 2013 5:24 PM GMT
    Does prostitution count?
  • Posted by a hidden member.
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    Feb 14, 2013 5:27 PM GMT
    msuNtx saidDoes prostitution count?


    that would be more freelance
  • Posted by a hidden member.
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    Feb 14, 2013 8:00 PM GMT
    Haha. Last week, I discontinued a few services listed on my web site, because I was loosing money on them.

    It turns out that screwed up a couple of other entrepreneurs who have much nicer web sites than mine. Gee, their offerings are - word for word - exactly the same as mine! I know some people re-sell my stuff, and I don't really care because it saves me the cost of advertising. But most of them are honest about it.

    These sites are all full of photos of gleaming buildings and huge groups of people in suits. They state that they are more qualified than any other such business in the country. They go on about their iron-clad quality control. When in reality, they just mail shit to me and I do the work in my sweaty gym shorts icon_lol.gif

    Time for some more wheeling and deeling. I may have to raise prices. icon_razz.gif
    And get a better web site.
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    Feb 14, 2013 8:13 PM GMT
    meninlove said
    sonicpower19 said
    riddler78 said
    sonicpower19 said
    conservativejock saidWrong audience my friend. icon_wink.gif


    I don't think so because I know Allen (GAMRican) started his own company and I believe I saw others posted on the "What is your Job" thread about working at startups.


    I think he said he was at a not for profit - though maybe he started it. And I'd agree I think there are a fair number of entrepreneurs - though arguably not enough.

    I created one company that helps companies in North America make parts in Asia. Out of that, am building another company that makes retail fixtures and hardware with manufacturing in Asia and Canada and finally and starting to dabble... working with another RJ'er to make learning apps with an academic researcher I know.

    If you're developing something online, I'd highly recommend following news.ycombinator.com as there are a number of interesting articles that kind of hit the subset of people who are interested in technology, design and entrepreneurship. I'd also suggest that you want to build a good support network of friends and family or other entrepreneurs you can bounce ideas off of.

    Being your own boss can be lonely and many succumb to depression... most "overnight successes" that I've seen take years if not over a decade to produce. In large part because it's a marathon not a sprint. I'd highly recommend you read "Do more faster " - which is a good primer for anyone considering or doing a startup -
    http://www.amazon.com/Do-More-Faster-TechStars-Accelerate/dp/0470929839/


    Thanks Riddler for the info! Don't worry I've been trying to grow my professional network here in Chicago and it has been going very well. I constantly read the news - it's the first thing I do when I wake up. I have a defined plan of what I want to do and I have been communicating that with my entrepreneur mentors.


    Riddler offshores US jobs for a living, sonicpower. icon_lol.gif


    Heh - let's not let the facts get in the way. Oh, and while you're at it, look up "bad founder DNA" in the infographic above meninlove and becomes clear why you aren't an entrepreneur. icon_wink.gif
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    Feb 14, 2013 8:23 PM GMT
    I used to do a lemonade stand every saturday. All profits went towards 1 cent candy.
  • pharmstudent

    Posts: 162

    Feb 14, 2013 8:45 PM GMT
    Owning my own business is a huge dream of mine. As far as entrepreneurship, I've this great idea for a social network type site. It was my undergrad group project and my instructor liked the prototype but both my partner and I switched majors. Hopefully I get someone I trust to write the code.
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    Feb 14, 2013 8:53 PM GMT
    Have you ever checked out www.score.org? Lots of nifty resources on writing business plans, etc.