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Entrepreneur's struggle with entrepreneurship. There's data that basically shows that successful entrepreneurs in one space are no more succssfull than anyone
by kenjackson 15y ago
Entrepreneur's struggle with entrepreneurship. There's data that basically shows that successful entrepreneurs in one space are no more succssfull than anyone else when the start a new venture in a new space. And I suspect the main reason why you're likely to be more successful if you stay in the same space has much to do with reputation and network than anything that could actually be taught.
The big takeaway I have is that everything you learned running your first startup is generally not applicable to your second startup, except those things you learn in a b-school (tax law, forming corporations, equity, etc...). And surprisingly this is also true of management in a F500 company too, but just at GE it's a lot harder to rock the boat -- for better or worse.