Young Indonesian Muslim IT Entrepreneur
Aug 14 2008
few weeks ago, I took an entrepreneur test on this website. I answered every question and submitted it. Then, it send me an email which is more likely to be a spam, because the emails contain the ads for their book entitled “Da Vinci Type Entrepreneur”. But, I like those spam. Why? because it is a smart spam. Beside containing their book selling, the emails also containing some tips for everyone who get a high score on the entrepreneur test. They sent me 3 “great spam emails” which in every email they put a great article for me. And now, I want to share their great article on this blog.
The first tip is about “Fail Fast”. Here is the article:
It’s okay to experiment. 9 out of 10 businesses fail. So if you start 10 businesses the odds are that at least one will be successful.
Successful venture capitalists use the adage “fail fast.” That means that it’s cheaper to fail quickly than to have a long drawn out failure. Venture capitalists realize that 9 out of 10 of their businesses (the one’s they invest in) will result in a loss, but that ONE business that makes it will yield a generous return, and make the other losses worth it.
So, find out as quickly as you can if your business idea will work. If not, don’t sweat it. Just move on. I know if you scored high on the Entrepreneur Personality Test that you’ll have plenty of other business ideas. When one venture fails, just pick yourself up and try another. It took Thomas Edison (a DaVinci type) over 6,000 attempts to invent the light bulb. You’re likely to succeed with one of your businesses within 10 tries.
Thomas Edison, Richard Branson, Steve Jobs and most successful entrepreneurs have DaVinci type personalities. If you scored high on the Entrepreneur Personality Test, then you too have a DaVinci type personality.
You are, what I call, a DaVinci. The good news, if you’re a DaVinci, is that you have what it takes to be incredibly successful - not just moderate success as in, “You’re a lawyer,” but astronomical success as in “You’re a legend.”
The bad news is that our society doesn’t teach people like you how to play to your strengths. Instead, in school you were probably taught how to sit still, follow directions and compete for grades by conforming to teacher expectations. That is NOT how you succeed as an entrepreneur!
[the next section of this article is the "spam" section, they told me that I have to buy their book to know how to succeed as a DaVinci type entrepreneur]
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There are 4 Responses to this post, want to join?
Hi,
I took this Entrepreneurial test (http://www.entrepreneurscan.co.uk/). It doesn’t promise you to become a billionaire, it just gives insight into your entrepreneurial competences. And that’s what you need if you’d ask me. Because then you know what your strong and your weak characteristics are and where you need to work on.
Cheers!
Michiel
Totally agree. Also, some people think to much that they never actually run the business. If you didn’t start, you don’t know if you fail or success. For sure you are stationary.
Nice post.
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