Top Three Secrets of Veteran Entrepreneurs

Veteran entrepreneurs are very different from first time startup people.  The first time startup people are like high schoolers trying to score a date, while the veterans are like a divorced person looking for a second mate.  Their differences are immense.  Here I discuss the three major differences.

(1) A successful startup always takes a trial run.  The first three years is to learning through making enough mistakes.

There is no instant success or talent.  The startup process takes a lot of learning before mastering.  The learning is done though making all kinds of mistakes, because you are learning beyond the textbooks, and you are learning through experience so that what you learn is truly imprinted in your brain.

A veteran entrepreneur only gets to succeed on a second time.

 (2) A veteran entrepreneur always knows that everything is hard.

A veteran entrepreneur does not try to fantasize a perfect thought or an easy startup.  They shoot for the difficult but the right choice.

A veteran knows that everything is hard.  A newbie startup person thinks everything is easy.  

Because the veteran knows things are hard, they expect difficulties.  This actually makes the process less difficult.

(3) A veteran entrepreneur choose the right industry and market.

A newbie just enjoys a self-made idea in vacuum.  They never truly think about the industry and market that you will be living under.  It is like someone dating for a first time would not thinks about what city you and your family would live in the future.  It is a perfect recipe for a disaster down the road.

A veteran picks the industry and market.  A newbie only thinks about ideas and excitements.