An entrepreneur is often very different from an inventor. Lots of people assume that: If someone has a good idea for a product or service, they’ll be able to build it. It’s not true.
Myth: A good inventor can be a successful entrepreneur
People assume that if you have “a great idea,” you can be successful.” It’s not true at all.
What’s true is that investors look for a good idea and either some kind of success already or the team has had success in the past. There are a million things that need to be done decently and some of them need to be done well. Rarely does a team of two even succeed. Pretty much the only time a single person succeeds is if they’re expanding a consulting business that already has a customer.
Entrepreneurs are similar. Unless you’re already a buddy of theirs, they assume the project isn’t worth doing unless you have everything but their part covered and they get a salary. They don’t say, “How about I come on board tentatively and help you put together the team.”
Myth: There’s a large, nurturing entrepreneur-support community
This isn’t true either. There is a entrepreneurial-team support community. But I haven’t found any help in forming a team.
I went to a few events, but found no support. There are people to talk to, but they’re mostly either busy or looking for something in a particular industry. Plus they’re all listening for standard businesses.
My guess is that the only way to find a team to do something new is to work on it either at a college or with buddies right after college. And you have to launch and prove it before any investors will be interested.
There is a large entrepreneurial community. And they have books and tutorials galore. But none seem to address the problems I’m having…
Myth: Everyone can network
Everyone assumes that social interaction isn’t a problem. I’m pretty normal socially, but not completely so. I’m fine when I start working with people at a job. But with meetings I’m not so good. I’ve been pretty nervous recently when I’ve pitched. I’m super-focused on the product and it takes a lot of work to switch back to the person I’m talking to.
And I can easily pause and have a flurry of thoughts go through my mind. The first risk is that I’ll lose track of what I was saying. The second is that I’ll think I said something that I really just thought. That can be confusing to the audience.
Unfortunate: Entrepreneurs shouldn’t act desperate
Occasionally I’m desperate. I can shake it off and realize it’s just the brain again, generating nerve-wracking scenarios. But it comes up at times. And everyone says not to show that at a meeting.
It’s unfortunate because it means I need to lie, or cover up. It turns out I’m actually accountable for being confident. (It’s not fair!)
Myth: If you can’t, you shouldn’t be an entrepreneur
This is a big one. Really, if you can’t, you just think you can’t. I couldn’t do most of the things I’ve done. And it shows in the extra time it took and the failures I’ve had. But each time I managed to find a way around them.
But it’s an uphill battle. Please support me. In 30 seconds, for no money, please put your email address on my announcement list. If you want to make my day, and strike a blow for America having a government that’s accountable to the people, make a donation, too.