Entrepreneurial Overdrive – This is a characteristic that I believe every successful entrepreneur must possess. It’s the ability to reach that extra inch when you are tired or feeling like giving up. Its that extra sales call or line of code that you write at the end of a long week or while you’re dying to keep your eyes open. Its waking up on a Saturday, opening your laptop and getting at it, even before you brush your teeth.
Its not caring about spending half of your paycheck on getting that new logo designed or spending a weekend shacked up in your basement writing PRDs, fueled by pizza and beer.
In my mind it’s the only way to get things done. Cause in business excuses don’t matter, nor does anyone really give a crap why it didn’t get done. It just must get done. And especially when launching a start up, the momentum generated by getting things done is so VERY, VERY, VERY important. I have found that once you are at a standstill its incredibly hard to keep going. Its why coaches preach momentum to their team all the time. As an avid sports fanatic I see the change in momentum in games all the time. Loosing momentum will loose you games.
This is Entrepreneurial Overdrive.
So, I had a cup of coffee this morning with a guy from true ventures, and was definitely surprised at how cool this dude was. I mean, I have met and know a ton of VCs in the web space and many, not to generalize, are so full of themselves that its a breath of fresh air to meet some that are not so pretentious and full of sh%t. This guy was actually listening to what I had to say and provided some very relevant feedback; actually feedback that that actually solved some of the issues that I was currently tackling on my Incubator55 research platform. It was awesome. The interesting thing is that us young entrepreneurs tend to forget that getting funded is like getting married, and its not entirely only about the money. In our case, its a matter of time, and funding is a way to accelerate things drastically. Its like marrying a hot women who’s a pain in the a#s to deal with. Once you tie the knot you are stuck and getting out is a messy ordeal.
Now that we are in the process of exploring funding its very important to us to partner with the RIGHT fund, who will be mentors and innovators, not just a pile of cash.