Sunday, March 8, 2009

Passion and Entrepreneurship

Is there a relationship between entrepreneurship and passion. Is an entrepreneur driven more by passion or more by the business case or an opportunity vacuum that he is trying to fulfil. It is very difficult to say. There can be two types of entrepreneurs. One who derives passion from his business case and the other who derives a business case because of his passion. Are these the same or different.?. Interesting question?. In the initial stages of an entrepreneurial venture, the passion drives the venture through the thick and thin, but as the venture matures, it is more the business case that drives the venture, and less of the passion. However entrepreneur's who were driven by passion to derive a business case, will slowly start feeling left out and lonely as the venture matures for passion is no longer the key comepetency that drives the future, but more of practical stuff, which is more data and market driven, compared to people and passion driven. If you are of this type, it might be time, you look for a transition plan for yourself and get a professional CEO!

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