This article is lifted from the book entitled John Gokongwei, Jr.: The Path of Entrepreneurship.
There are two kinds of geniuses: (1) the ordinary and (2) the magician.
An ordinary genius is a fellow that you and I could be just as good as, if we were only many times better. There is no mystery as to how mind works. Once we understand what they have done, we feel certain, that we, too, could have done it.
On the other hand, when a genius is magician, even if we understand what they have done, the process by which they have done it is completely dark and incomprehensible.
The truth is, there is nothing mysterious in what entrepreneurs do that anybody can replicate what they do. It only require an effort of developing individuals to become entrepreneurs. Which is why entrepreneurial genius belongs to the ordinary “genius” type and not of the “magician”.
The management school of thought on entrepreneurship states that entrepreneurs can be trained and developed. The thought process, the patterns of decision making of entrepreneurs can be captured, codified then replicated. There is no magic in it.
The key is to train and develop yourself to be one of an entrepreneur.
If you want to become an entrepreneur but you don’t know where and how to start, take time to read and study these books:
Jon Gillespie Brown brings his extensive mentoring experience to bear in this new handbook for would-be entrepreneurs. So You Want to Be an Entrepreneur? contains a series of mentoring sessions, each carefully thought out to make you consider and plan your life based on your passions, ambitions and ultimate visions. By actively taking part in each of the exercises, you give yourself the best chance of succeeding as an entrepreneur, or the sufficient clarity to decide what other career options are best suited to you. Explore your real goals, hidden talents, passions, assets and core skills. The simple self-discovery tools in the book will make it easy for you to analyse this information and take the next steps towards your entrepreneurial dreams with total confidence.
Most startups fail. But many of those failures are preventable. The Lean Startup is a new approach being adopted across the globe, changing the way companies are built and new products are launched. Eric Ries defines a startup as an organization dedicated to creating something new under conditions of extreme uncertainty. This is just as true for one person in a garage or a group of seasoned professionals in a Fortune 500 boardroom. What they have in common is a mission to penetrate that fog of uncertainty to discover a successful path to a sustainable business.
The author tells the stories of three 1998 MBAs who started their own businesses, which became successful in 10 years. With extensive interviews of Harvard professors and alumni, the author showcases these three entrepreneurs because they journeyed relentlessly from launching their businesses, through mistakes and failure, then recovery and achieving success, learning important lessons along the way. Murphy presents his 10 rules of successful entrepreneurship, make the commitment; find a problem, then solve it; think big, think new, think again; you can’t do it alone; you must do it alone; manage risk; learn to lead; learn to sell; persist, persevere, prevail; and play the game for life. This is an excellent, thought-provoking overview of entrepreneurship (also serving as an infomercial for the Harvard Business School and its faculty) that uses actual cases to describe the challenges of starting a business and realizing success.