Most of my friends have a stable job and a very stable lifestyle. Something I would say none of them would put at risk for the unknown. Whereas I seem to love putting myself in the unknown. This time for writing a book that will be talking about major pitfalls and mistakes in building start-ups and how to avoid these. Mistakes I did myself when I founded a start-up in China. Mistakes I repeatedly saw while I worked in the VC scene in Berlin and New York. So there I was. I had never written a book before but quit my job to write this damn book.
I was hooked. I was convinced that there was something that made me decide to make this crazy decision, while others simply don't. I decided to go to the event. But before going to the event I tried to make my homework and think about how an "Entrepreneurial DNA" might look like. Here’s a selection of things I came up with.
Boundless optimism: You have to see every failure as a step on the ladder to success. Don’t let failure tear you down.
Confidence for breakfast : Believe in what you do. Even if your friends start buying their first Porsche and you still can't afford to pay rent for your own apartment you have to believe in what you are doing.
Stay hungry, stay foolish: Never settle for the things you already achieved. You have to be willing to leave your comfort zone even though you know it’s plain foolish. Explore. Dream. Discover.
Flair for tendencies: Be able to predict market demand and have a flair for what customers would love to have. Be the worst possible customer one can find on the market and judge your product like this.
What do you think are characteristics one should have when founding a company? Is there something like an "Entrepreneurial DNA"? Does it exist or is it a myth?