An entrepreneur is (maybe) not a founder.
The Goal of a startup to discover a new business model in an uncertain environment...not to grow an existing business model.
AND THAT MEANS LEARNING TRUMPS PLANNING
A startup is an organization designed to search for a sustainable, repeatable business model.
Search - actively looking for it.
Sustainable - even without your daily involvement, it will continue to grow based on the actions of your customers.
Repeatable - I can do it over an over again.
Model - I can draw it, understand how it works.
An Entrepreneur is not a startup founder.
An entrepreneur is VERY good at a known business model.
- Known business model
- Out-execute the competition
- Less risk, less reward
- Steal and improve
Eg: Salon... I am going to cut peoples hair and make money from it, and just do it better.
A Startup Founder is looking for a new business model.
- They are trying to discover a new product and a new market first.
- They are focused on a lot of risk but with a lot of reward
- They are defining and inventing a new business model.