Serial Entrepreneur

June 6, 2008 at 2:01 pm Leave a comment

What is a serial Entrepreneur?

According to Wikipedia, it is an entrepreneur who starts a number of new businesses after having already started and exited a previous business venture. They are the Mavericks of the world. Serial, the term referring to sequential, recurring, and succeeding, and the term entrepreneur, together defines a broad range of on going attempts to create a business. Is this good or bad? Good if you are Richard Branson and have multi-million dollar companies, bad if you have failed numerous times in creating businesses. Many, who proudly call themselves serial entrepreneurs, flatter each other by their self pronounced title; yet have failed so miserably at developing a successful business.
My warning: look out for those ‘serial entrepreneurs’ whose businesses are unrecognized, have failed over and over again, or owe too much money.
What to look for: Happy employees, satisfied customers, and cash flow.

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Entry filed under: entrepreneur, serial entrepreneur, small business.

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