All the academic research suggest that there are traits stubborn, charisma, reality distortion field, raw intelligence, salesmanship, ability to see things that are not there.What Eric likes to call "Success theater"
Traits that make you likely to be successful as an entrepreneur -are almost diametrically opposed to the earlier effort. Perseverance myth: never hear the stories of the entrepreneurs that persevered into the ground.
Media Coverage - Always focus on the biggest, but they are outliers. Learn more from failure than success.
Learning is the most important part of entrepreneurship - to learn is to fail something. When you realize that you do not know something is not fun. Living in the RDF is a lot more fun than selling to the world.
Lean Startup - idea that you should get funding for the napkin idea is poor. The value is in the execution. The successful entrepreneur was the one that had silly ideas. They have a structured way in changing in the face of information, the pivot. VCs have seen the same movies.
Lean Startup like Lean Manufacturing
Originally programmers were taught waterfall process - now lean startup methodology is a systematic process to conduct scientific approach to the process of building new innovative companies. Integrate product, marketing, business, etc into one machine.
