Given my crazy lifestyle I was beginning to worry. Am I taking too much on, how do I maintain focus, juggle and prioritise competing demands – you know the story. And then I realised I’m not alone…I’m a hyper-entrepreneur.
The Mercury News, in an article titled Isn’t one start-up enough?, focuses on what Constance Loizos calls the hyper-entrepreneurs, folks who are performing extreme balancing acts…starting not one, but two and sometime more high tech start-ups.
Scott Rafer is quoted as saying that everyone he knows is involved in 5 or 6 projects. Scott is currently CEO of MyBlogLog, a blog tracker, co-founder of Mashery and chairman of WiFinder. I like this quote from him:
“VCs spread their risk across numerous companies. Why shouldn’t we?”
That certainly fits with my portfolio approach. And Charles River Ventures partner, George Zachary, says:
“It’s like how multiple people get involved in multiple movie projects as insurance. Entrepreneurs are responding to the hits-driven nature of the industry, where only a few big acquisitions are happening every year.”
1 response so far ↓
Does George Zachary Make Sense? « Yoick - Hightechwire // October 27, 2006 at 10:05 pm |
[...] In other words, Evan is looking for the freedom to be a hyper-entrepreneur, the freedom to experiment with a raft of apps and see what sticks. This can fly in the face of the VC model of focus, focus, focus and sometimes one simply has to find another way of doing things. George is quoted in the Mercury article about hyper-entrepreneurs as saying he would prefer to see entrepreneurs focusing 100% on one company. [...]