Habitual Entrepreneur

Rita Gunther McGrath and Ian MacMillian, in their book The Entrepreneurial Mindset (Boston, MA: Harvard Business School, 2000, p. 3), talk about habitual entrepreneurs, who

Have made careers out of starting businesses, some working within existing businesses and some in independent start-ups. They have in common finely honed skills in forging opportunity from uncertainty...They capitalize on uncertainty rather than avoid it, they create simplicity where others see complexity, and they embrace the learning that come from taking calculated risks. They recognize that when opportunities are fleeting, it is sometimes more expensive to be slow rather than to be wrong. As a consequence, they will find solutions that are 'roughly right' rather than consume time developing an analytically correct, but slow, answer.

Read the McGrath and MacMillan book. You'll find it brimming with insight and information.

What do you think about this? I'd like to know. I'm looking to stimulate intelligent and serious (not imperatively unfunny, though) conversation. .
So, if you have something substantive to add, post a comment.

Entrepreneurship 2.0 is my entrepreneurship course. The ideas in it supply the life's blood of my professional activities: teaching, writing, and real estate. For entrepreneurial real estate go to www.yourstopforrealestate.com/blog and for entrepreneurial writing to www.kearneymusicschoolmurders.blogspot/com.