* the DNA of great entrepreneurs [is] a mix of three simple things: smarts, guts, and luck * what is smarts, what are guts and what is luck? I personally think

* the DNA of great entrepreneurs [is] a mix of three simple things: smarts, guts, and luck * what is smarts, what are guts and what is luck? I personally think that smarts is experience, guts is I have no idea, I doubt it is any different from experience, and as for luck that is a mystical term used for trial and error. So the DNA of great entrepreneurship then is experience, or putting it in colourful language, getting down on dirt. Agree? :P seeing that he used three terms to describe one thing, I am assuming that the rest of the article is as my professor would put it: "verbal diarrhea" :P