The Entrepreneur Inventor Failure - the Podcast
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- Investing
Most inventors lack the good fortune to make a fortune. Entrepreneurship, like invention, takes a lot of skill — and, a lot of luck! Venture capitalist General Georges Doriot once said that “at the time it is made, a vital error can seem like a minor decision.” If that's true for the typical entrepreneur, it's doubly so for the inventor-entrepreneur. Given the number and variety of decisions he/she must make during the critical first few years, it’s a wonder that any of their businesses survive, much less, thrive.
Most inventors lack the good fortune to make a fortune. Entrepreneurship, like invention, takes a lot of skill — and, a lot of luck! Venture capitalist General Georges Doriot once said that “at the time it is made, a vital error can seem like a minor decision.” If that's true for the typical entrepreneur, it's doubly so for the inventor-entrepreneur. Given the number and variety of decisions he/she must make during the critical first few years, it’s a wonder that any of their businesses survive, much less, thrive.