Welcome!

Agile Computing Authors: Elizabeth White, Pat Romanski, Liz McMillan, Yeshim Deniz, Andy Thurai

Related Topics: @DXWorldExpo, Agile Computing, @CloudExpo

@DXWorldExpo: Blog Feed Post

What Does It Mean to Be an Entrepreneur? | @BigDataExpo #BigData #BusinessIntelligence

My daughter is taking a class on entrepreneurship in her senior year of high school

My daughter is taking a class on entrepreneurship in her senior year of high school (yep, that’s the Silicon Valley for you). She loves the class, the energy of the teacher, and the creativity associated with the subject. As a result, we have had several conversations about what does it mean to be an entrepreneur.

While I am sure there are folks more qualified than me to define what it means to be an entrepreneur, I’ve run into enough of those folks over the years to believe that I have a pretty decent perspective.

So honey, this blog is for you!

Entrepreneur Characteristics
I run into all types of people in my job – people starting up new companies as well as people inside of larger organizations who are trying to embrace a “think differently” approach to their jobs and their business challenges. Each of these folks share a core set of characteristics that differentiate them from others who are equally smart, but lack that impassioned entrepreneurial thinking.

  1. On a mission. These folks have found their passion and are on a mission to change the world. No small thinking for these folks, and while they are looking to solve cancer or cure world hunger, they also have another important, very practical skill…
  2. Know how to decompose a problem. Entrepreneurs are very good at decomposing or breaking down a problem into its core components. In this way, they don’t let a complex and challenging problem overwhelm them. By breaking the problem done into its core components and then taking the time to understand the relationships between those components, it gives them a leg up on solving that problem. The folks creating the autonomous driving car have taken this approach, and consequently, something that I truly believed was a decade away is now just around the corner.
  3. Keep moving forward. They never stop moving, but progress isn’t measured with a straight line. Sometimes progress comes in fits and spurts.  In fact, there may be times when the entrepreneur feels like no progress is being made, but this is when the next characteristic kicks in…
  4. Failure is learning = Failure is progress. Entrepreneurs understand that failure is part of the learning and development process. That’s probably why the Venture Capitalists on Sand Hill Road as so eager to invest in entrepreneurs with experience, whether that experience was successful or not. Heck, learning from failure may be an entrepreneur’s most important characteristic.
  5. Like a damn bulldog! Once they get their teeth onto an idea, they just won’t let go. They’ll hang onto that idea as if their lives depended upon it, even has others are trying to pull it away from them.
  6. Refuse to be knocked down. Some folks would say that this arrogance, but I’d say that it’s an unwillingness to be knocked off the hill; that they are going to stay on top of that hill until they finally achieve success. By the way, this characteristic is also why some entrepreneurs struggle to run their organizations once that organization starts to mature. Yea, those skills and characteristics that make one a good entrepreneur may not make one a good manager.
  7. Open to others’ perspectives and thoughts. But while they are open to others’ perspectives and thoughts, they never let those perspectives and thoughts get in the way of their mission. They are constantly looking to learn, but they are quick to internalize what they learn. The entrepreneur reframes the new learnings in light of their mission.
  8. Collaborative but ultimately hold themselves accountable for the end results. They never abdicate responsibility to others. And consequently, they never blame others for their failures. If they are blaming others for their failures, then they’ll never learn from those failures.
  9. Well read, but don’t just focus on only their area of expertise. They are looking for outside stimuli and different perspectives to expand their own perspectives. They understand that they don’t have all the answers (heck, they may not even know all the questions yet), but they are eager to look in other places for clues and new perspectives.
  10. Strong focus on superior outcomes. They understand that whatever their mission, they ultimately need to deliver compelling and differentiated outcomes in order to be successful. Looking for 10% improvements is not enough. Entrepreneurs look for 10x improvements!
  11. Resilient; willing to be fired for what they believe. They don’t work at jobs; entrepreneurs work on a mission, and as long as their job and their mission are in sync, great. But the minute those two diverge, then the entrepreneur is onto something that moves them closer to their mission.

I really appreciate Woody Allen movies, especially his earlier ones.  He always seemed to have a different perspective on the topic under discussion. It wasn’t that he looked at the glass as either half-full or half-empty, instead he looked at the glass from an entirely new angle and he always seemed to see something entirely different.

I admire that in a person; someone who refuses to accept that which is right in front of them as the “truth.” Entrepreneurs challenge commonly held truths; they put a question mark at the end of the “statement of truth” in order to see what different angles they might uncover.  When you can do that, life becomes very exciting…and fun.

Best of luck Amelia! I am jealous of what is in front of you!

The post What Does It Mean To Be An Entrepreneur? appeared first on InFocus Blog | Dell EMC Services.

Read the original blog entry...

More Stories By William Schmarzo

Bill Schmarzo, author of “Big Data: Understanding How Data Powers Big Business” and “Big Data MBA: Driving Business Strategies with Data Science”, is responsible for setting strategy and defining the Big Data service offerings for Hitachi Vantara as CTO, IoT and Analytics.

Previously, as a CTO within Dell EMC’s 2,000+ person consulting organization, he works with organizations to identify where and how to start their big data journeys. He’s written white papers, is an avid blogger and is a frequent speaker on the use of Big Data and data science to power an organization’s key business initiatives. He is a University of San Francisco School of Management (SOM) Executive Fellow where he teaches the “Big Data MBA” course. Bill also just completed a research paper on “Determining The Economic Value of Data”. Onalytica recently ranked Bill as #4 Big Data Influencer worldwide.

Bill has over three decades of experience in data warehousing, BI and analytics. Bill authored the Vision Workshop methodology that links an organization’s strategic business initiatives with their supporting data and analytic requirements. Bill serves on the City of San Jose’s Technology Innovation Board, and on the faculties of The Data Warehouse Institute and Strata.

Previously, Bill was vice president of Analytics at Yahoo where he was responsible for the development of Yahoo’s Advertiser and Website analytics products, including the delivery of “actionable insights” through a holistic user experience. Before that, Bill oversaw the Analytic Applications business unit at Business Objects, including the development, marketing and sales of their industry-defining analytic applications.

Bill holds a Masters Business Administration from University of Iowa and a Bachelor of Science degree in Mathematics, Computer Science and Business Administration from Coe College.

IoT & Smart Cities Stories
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time t...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organizers to pass great deals to great conferences, helping you discover new conferences and increase your return on investment.
Headquartered in Plainsboro, NJ, Synametrics Technologies has provided IT professionals and computer systems developers since 1997. Based on the success of their initial product offerings (WinSQL and DeltaCopy), the company continues to create and hone innovative products that help its customers get more from their computer applications, databases and infrastructure. To date, over one million users around the world have chosen Synametrics solutions to help power their accelerated business or per...
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER gives detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPOalso offers sp...
SYS-CON Events announced today that IoT Global Network has been named “Media Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. The IoT Global Network is a platform where you can connect with industry experts and network across the IoT community to build the successful IoT business of the future.
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...