Monday, February 23, 2009

Earl Flormata - The 5 Classes of Entrepreneurs

This was an interesting article that I came across, and funny enough - the words that struck home the hardest were last few in the article.

"Stay Hungry, Stay Foolish."
-Steve Jobs

Up until a bunch of my product vendors fell through, I had thought that I was a Class 5 Entrepreneur. A Game Changer - raising 26MM in one year for a single cause. The issue is that I was a Class 5 in a Class 3's mindset, and body.

As a problem solver at heart, I enjoy breaking the system. In breaking the system - I feel that I expose the flaws with the current world, and leave it a better place once I've shown people how to make things more efficient. The biggest issue however was being a one man band. I'll admit - I got used to hearing the sound of my own voice - and that was a major downfall.

As I build my new company - and this time with a team - I have to wrap my mind around scalability, and duplication. Without these two things in mind, I cannot graduate to a Class 4, and eventually earn a spot in the Class 5 ranks once again. I'm looking forward to the next three months, where I must count on my team to deliver alongside me, the pieces of the puzzle to solve the problem - teach myself and learn how to share the greater vision with the team so that we're all moving in the same direction, and finally - to change the game in a way I know that's completely possible.

There's more than one way to the Infiniti Point. And I intend to find and share every path that I can to get there. Here's to me staying hungry, and staying foolish :)

Thanks for Reading,
Earl Flormata

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