Entrepreneurship Is About Execution and Making Money
TJ Duane Biography
Principal, Lateral Link
TJ Duane - Interview - Lateral Link
November 06, 2007     0 min. 56 sec.     Duane23_definitionOfEntrepreneur    
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Transcript
You know you always read all these quotes about what entrepreneurship is. It's transforming human capital into financial wealth... It's X ... you know, it's this or that. My take on entrepreneurship is it's combining wild ideas with meticulous execution to arrive at a financial gain, a successful financial outcome. There's a big difference between an entrepreneur and a hobbyist, right. An entrepreneur makes money. You do something for the financial profit of it and it's about having a wild idea, thinking outside the box, identifying a solution that someone else has not identified and that does not necessarily mean that people haven't tried but they haven't been able to execute the solution as well. Executing, following through with it with meticulous discipline. Focusing on it and making sure that actually ... that you see it through and then realizing a profit as a result.

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