“The first type are people who call themselves CEO of a website they built on the weekend while they still spend 40 hours a week at a day job. I’ve always considered the word entrepreneur as someone who was fully committed and went “all in.””
Not everyone is Mr Moneybags and doesn’t need to work a primary job to support their start up. And working 40 hours a week at one job doesn’t mean they don’t put in another 40 hours a week on their start up. It is not clear that the author knows what “all in” means.
The Hobbyist has a lot in common with The Real Deal. They are in it for the love of the game.
But I guess this guy really isn’t serious and is just trying to make jokes. I guess they can’t all be gems.
If you accept the title that someone else calls you, you really aren’t “all in,” either.
Wodun,
Any classification system for a group as diverse as entrepreneurs that only has six categories will obviously have some corner cases where the system breaks down. That doesn’t mean the classification system doesn’t have some merit in many/most cases.
~Jon
Fair enough.
I just found it to be condescending rather than humorous.
“Francisco Dao 11 pts
This was directed at the internet crowd that reads this site. I’ve ALWAYS said a mom and pop who mortgaged their house to open a restaurant or whatever had WAY more skin in the game than most of could even imagine. This piece was also intentionally satirical. ”
#fail
Would seem today to be an Entrepreneur you have to be web based? No value added companies ala Facebook/Twitter?
Dinosaur that I am, I remember a couple of Marin County, CA kids who created the whole mountain biking craze, Specialized, in the early 80’s. How about model maker, Scaled Composites, Bert Rutan? How about all the, maybe, goofy products we see promoted on our, entrepreneur created, cable/satellite broadcasts?
And, no, I have no problem with really rich/successful entrepreneurs investing their resources with the un-named originators/entrepreneurs of Virgin/Space-X et al.
This article of course forgets that Elon Musk started out as one of the previous types. (with PayPal) he didn’t start out like he is currently.
It’s not meant to be taken too seriously. SpaceX really is in a class by itself however.
I don’t know, Bigelow is pretty exciting, too. So are some of the smaller outfits like Armadillo and XCOR. There are several companies out there doing interesting things. SpaceX is just further along than the others.
Many are, and are important pieces of the whole. The difference is that SpaceX is doing more than filling a niche. They have a long term goal and all their pieces are part of it (duel use.) They aren’t doing it for profit, but intend to profit the entire way.
I do support all the other companies doing their part. But I’m thinking if a billionaire or two understands the profit potential in a settlement charter (even if they have zero interest in space) they could buy the pieces from existing companies and make Elon’s humanity backup a reality (making trillions of dollars in the process.)
The guys making habitats, spacesuits and life support systems would become wealthier with the increased activity. But it would be the financier with no interest in space that could make all the real money.
Once they smell money, we might have thousands being transported to mars (at no cost to themselves) every year because the value of mars real estate claims to the transportation companies makes it worth it.
EBMP is actually every startup that isn’t a franchise or a “me too”. It’s only with success that they become “real deal”.
I think one Classification he missed is Week-End Warrior.
It’s actually more than just week-ends, but I know many people who are quite happy working 40 hrs for the man, and another 20hrs to 40hrs for themselves.
And just a category is too limiting. The Week-End Warrior breaks down also.
There’s that guy who works 80 hours a week for sure, I know them well.
There are guys like me, who doesn’t have a F/T thing, but works some weekends for extra bucks. That’s JUST a Week-End Warrior (on disability I can only ‘work’ and make $800 extra a month, before it screws up my SSD)
There are people who are LESS than a Week-End Warrior.
I know of a few people who work the Fair here, and a few other big events. I’m talking working 10 or 12 days at a state fair, then four or five 3 or 4 day events and they do NOT work other than that. My father had a guy working for him who used to take his vacation to work the state fair. burgers, dogs, fries, drinks and he made big bucks.
As he got older and his kids moved into the business, his youngest son took over because none of the other kids cared about working that hard for the money. He took the business and expanded to a number of other events while keeping his regular job for 4 or 5 years. He paid off his mortgage and now works about 40 days a year.
I think most people think “entrepreneur” means, I want to be a Millionaire.
I’d rather work 40 days a year for great money and get the bills paid. Then hang out for 325 other days.
“The first type are people who call themselves CEO of a website they built on the weekend while they still spend 40 hours a week at a day job. I’ve always considered the word entrepreneur as someone who was fully committed and went “all in.””
Not everyone is Mr Moneybags and doesn’t need to work a primary job to support their start up. And working 40 hours a week at one job doesn’t mean they don’t put in another 40 hours a week on their start up. It is not clear that the author knows what “all in” means.
The Hobbyist has a lot in common with The Real Deal. They are in it for the love of the game.
But I guess this guy really isn’t serious and is just trying to make jokes. I guess they can’t all be gems.
If you accept the title that someone else calls you, you really aren’t “all in,” either.
Wodun,
Any classification system for a group as diverse as entrepreneurs that only has six categories will obviously have some corner cases where the system breaks down. That doesn’t mean the classification system doesn’t have some merit in many/most cases.
~Jon
Fair enough.
I just found it to be condescending rather than humorous.
“Francisco Dao 11 pts
This was directed at the internet crowd that reads this site. I’ve ALWAYS said a mom and pop who mortgaged their house to open a restaurant or whatever had WAY more skin in the game than most of could even imagine. This piece was also intentionally satirical. ”
#fail
Would seem today to be an Entrepreneur you have to be web based? No value added companies ala Facebook/Twitter?
Dinosaur that I am, I remember a couple of Marin County, CA kids who created the whole mountain biking craze, Specialized, in the early 80’s. How about model maker, Scaled Composites, Bert Rutan? How about all the, maybe, goofy products we see promoted on our, entrepreneur created, cable/satellite broadcasts?
And, no, I have no problem with really rich/successful entrepreneurs investing their resources with the un-named originators/entrepreneurs of Virgin/Space-X et al.
This article of course forgets that Elon Musk started out as one of the previous types. (with PayPal) he didn’t start out like he is currently.
It’s not meant to be taken too seriously. SpaceX really is in a class by itself however.
I don’t know, Bigelow is pretty exciting, too. So are some of the smaller outfits like Armadillo and XCOR. There are several companies out there doing interesting things. SpaceX is just further along than the others.
Many are, and are important pieces of the whole. The difference is that SpaceX is doing more than filling a niche. They have a long term goal and all their pieces are part of it (duel use.) They aren’t doing it for profit, but intend to profit the entire way.
I do support all the other companies doing their part. But I’m thinking if a billionaire or two understands the profit potential in a settlement charter (even if they have zero interest in space) they could buy the pieces from existing companies and make Elon’s humanity backup a reality (making trillions of dollars in the process.)
The guys making habitats, spacesuits and life support systems would become wealthier with the increased activity. But it would be the financier with no interest in space that could make all the real money.
Once they smell money, we might have thousands being transported to mars (at no cost to themselves) every year because the value of mars real estate claims to the transportation companies makes it worth it.
EBMP is actually every startup that isn’t a franchise or a “me too”. It’s only with success that they become “real deal”.
I think one Classification he missed is Week-End Warrior.
It’s actually more than just week-ends, but I know many people who are quite happy working 40 hrs for the man, and another 20hrs to 40hrs for themselves.
And just a category is too limiting. The Week-End Warrior breaks down also.
There’s that guy who works 80 hours a week for sure, I know them well.
There are guys like me, who doesn’t have a F/T thing, but works some weekends for extra bucks. That’s JUST a Week-End Warrior (on disability I can only ‘work’ and make $800 extra a month, before it screws up my SSD)
There are people who are LESS than a Week-End Warrior.
I know of a few people who work the Fair here, and a few other big events. I’m talking working 10 or 12 days at a state fair, then four or five 3 or 4 day events and they do NOT work other than that. My father had a guy working for him who used to take his vacation to work the state fair. burgers, dogs, fries, drinks and he made big bucks.
As he got older and his kids moved into the business, his youngest son took over because none of the other kids cared about working that hard for the money. He took the business and expanded to a number of other events while keeping his regular job for 4 or 5 years. He paid off his mortgage and now works about 40 days a year.
I think most people think “entrepreneur” means, I want to be a Millionaire.
I’d rather work 40 days a year for great money and get the bills paid. Then hang out for 325 other days.