Hello! I work for a couple of entrepreneurs who are currently writing a book called The $5,000 Millionaire. I was introduced to full-fledged entrepreneurship almost a year ago when I took this job as an editor, and got a LOT more than I bargained for! I found out that in a successful startup- everyone wears lots of hats! I found myself doing finances, editing the book, stocking food for the engineers (oh, the hungry engineers) and making phone calls to big clients! It`s an exciting exploration, and I`m learning firsthand what it take to build a multi million dollar business- but here`s the thing. They started with $5,000! I`m excited to get out into the entrepreneurial web space and enjoy discussions with other bootstrappers, whether you`re just starting or have been in the game long enough to make the rules!
Thanks a lot- I`ve gotten a lot of feedback for this forum and have actually re-designed the quiz completely, including the opt-out. I`ll post the results when we`re done with the re-design, and I`d love for you to look at it.
My bosses are always very supportive of their team`s needs and opportunities. While I`m here, I`m here- and they expect 110%- but as I was hired on full-time I was able to talk to my boss about the fact that I might need to pursue other opportunities. He told me he understood- and supported my decision either way. The thing is- that kind of respect and freedom made me feel secure and happy with my "job." This is a startup, but it`s not MY business. However, not working for myself is made easier by having a boss who doesn`t fret about workforce. He`s happy to give people training and help them gain experience, and then happy the let them move on, even help them when it`s time.
Here`s a blog I wrote about my findings in my office. You can be the man without having to be that man.
Hello! I was told that perhaps this might be better over here- we`ve just developed the EAT, the entrepreneurial appetite test- to assess your desire and readiness to jump into full-time entrepreneurship. As I`m learning, we`ve got a lot of work to do on the quiz- but I`d love your feedback. Does it bring up anything you had never thought before? Does it help you see where you could focus some energy? What did you feel about the results?
Just head over to the EAT and then let me know what you think!
I think it is realistic (although difficult) to do both. The hard truth is a lot of times your venture won`t make enough money right off the bat to take care of your basic needs. It`s amazing that your parents are helping you streamline those needs by taking you in- and probably feeding you, too ;) Sometimes another job is necessary to keep the gears running while you wait for you idea to take hold. Yes- you will be tired, but it will test your devotion to your idea. What are you willing to do to make sure that this works? You need an income- that`s almost the easy part to get done (get up, go to work, etc.) The hard part will be keeping the fire going on what you REALLY want to do. It`s easy to procrastinate your own goals when you`re tired- you`re the only person who cares to push them forward. If you are driven to get your business up and running no matter what, you will make the circumstances work for you. In a lot of ways it`s just about determination.
I liked what you said about experience, too. Young entrepreneurs can fail because of a variety of reasons, one of them being the lack of real world experience. Your ideas won`t mean much if you can`t communicate them to others or organize a team around your dream.ErinHattaway1/7/2008 12:26 PM
Hello everyone! I am really appreciative of your feedback. This quiz is designed for people who are teetering on the edge of the corporate world and their own venture. Our intentions were to address different skill sets and areas of focus to help people identify the strengths and weakness in their characters so they know where best to focus their efforts. As you can see- we`re still working out the process. I`m sorry for those of you who did not receive a follow up email- it was working last we knew, and we`ll make sure to get that fixed.
Thanks for taking the time to delineate your thoughts with regard to the questions AND the outcome. We`re working on it :)