You’re Not an Entrepreneur
blog.jolieodell.com
blog.jolieodell.com
All due respect to those of you putting in time, effort and sweat into your project, but being a project does not, of itself, make it a startup. I'm not going to provide a checklist as O'Dell does, but a project, although worthy of respect, is not necessarily a startup.
ADDED IN EDIT:
I should also have said this: I don't care. The labels people use are largely irrelevant, including the labels you give yourself. What matters is your drive and intent to make something, and in doing so, to make the world a better place. I don't care if you are, or are not, an "entrepreneur" by whatever system of labelling someone uses. I also don't care if what's taking your time is a project, hobby, startup or complete time-sink.
What I do care about is that people who can should be encouraged to use their limited time to build something that matters: to them, to others, possibly to the world in general.
And yet, here we are.
I think that people that care about definitions are free to do as they please and don't need to see everything and anything in terms of ROI or customers acquired.
If that were the case HN would be terribly quiet. (But maybe the SNR would get better!).
Can we make the word official? "projecteneur" or "bootstraper" :-)
I know a guy who brings in tens of thousands of dollars with his web business. He's not an entrepreneur by your definition. I think he's fine with it.
Reminds of the lyrics by Big Punisher, "I'm not a player I just f a lot"
Most hackers probably want to be small business owners. An entrepreneur engages in "real" work only tangentially. They will use domain knowledge to plan effectively, but someone else will be making it happen.
Plus, if you aren't an entrepreneur yourself, where are the qualifications to label others? I just am not on board with this article
Semantics, but I think she's right. You're not an entrepreneur until you've done something. A good reminder, very The War of Art-esque (a book I highly recommend).
- You call youself an entrepreneur because you aim to be one
- You call your one person a company a startup because you want it to be one with employees
- You call your startup a business even though it makes no money and has no business model
Most people I meet doing 'projects' exaggerate how far ahead they are numbers, traction, staff (i.e. count freelancers as staff) in order that people want to work with them.
People don't say come work with us - we reached a peak of 10 new users last week after a year of work, we don't have a clue what we are doing and have no money or contacts.
I'm all for humoring people when they fortify their dreams but it's a fine line between ambition and delusion.
That's a gem :)
1) What good or service do you provide?
2) Who buys it?
3) What impact does it have on society? (entrepreneurs have real impact on society, from cleaning carpets to creating computers)
I want to ignore rest of the post and just read this - "I’ve worked for entrepreneurs quite a bit over the past 12 years. They’re hustlers, jugglers, madmen, egomaniacs, people who desperately attempt to build empires on little money and less time"
I wonder if Jolie is going too far in creating a strict definition -- many side projects have made people into true entrepreneurs. Is Patio11 an entrepreneur? Absolutely. And he was when he was selling Bingo Card Creator while still working as a Japanese salaryman.
Many entrepreneurs do indeed "go through hell" to succeed. But correlation != causation; you don't have to go through hell, angel rounds, funding rounds, or huge public launches to qualify as an entrepreneur. Peldi is an entrepreneur -- one hell of an entrepreneur if you ask me.
There certainly is a limit to the legitimate use of this word, I agree. The bar is probably a bit lower than Jolie suggests, though.
We employ a couple dozen people and never took a VC round. Looks like I've been living a lie. :(
At the very least, she could have suggested an alternate term for people who don't meet every point on her arbitrary checklist.
> Someone (customers or VCs/angels) gave you money for your idea (or you’re actively trying to get money from customers/angles/VCs).
A bootstrapped business would fulfill the or clause.