The Entrepreneur vs The Venture Capitalist Paid Job Man
Bernard Lunn of ReadWriteWeb presents a top 10 checklist for knowing if You are Really an Entrepreneur.
He has published several other articles concerning starting up a company and entrepreneurship for Microsoft BizSpark which is a global program designed to help accelerate the success of early stage startups by providing key resources when they need it the most.
In all these interesting articles like “10 Things to Be Clear About Before You Start a Company” and “Startup 101: Introducing Our Serialized “How to Build a Startup” Book” with lots of good advice and hints, both Marketing and Sales are missing.
In our view an Entrepreneur will discover a market opportunity, find a solution or build a solution for it. Then his major task and challenge is to market the solution, find leads, sell, close the sales and get the invoices paid.
Bernard Lunn confuses an Entrepreneur with someone who has or aims to have a Venture Capitalist Paid Job.
This someone with a great idea or concept who will seek a Venture Capitalist or Business Angel for funding his company. Funding with enough money in order he can get paid for the next couple of years.
Both are marketing and selling:
An Entrepreneur will market and sell a solution to customers.
Someone eager to have a Venture Capitalist Paid Job Man will market and sell an idea, a concept or a proof of concept to a Venture Capitalist or Business Angel and get money to spend.
This is a huge difference.
The differences:
The Entrepreneur will generate revenue.
The Venture Capital Paid Job Man will burn money.
The Entrepreneur looks for doing business with customers.
The Venture Capital Paid Job Man looks for business with Venture Capitalists.
The Entrepreneur is not looking for funding although he will need loans for expanding his business.
The Venture Capital paid job man needs funding and after a while more funding.
An Entrepreneur can be found anywhere in the world.
An Venture Capital paid job is mainly to be found in Silicon Valley.
Who do you sell to? Potential customers or Venture Capitalists?
