Is there such a thing as a Qualified Entrepreneur?
A few years ago I was introduced to a software startup & had the opportunity to invest in their round A. I wasn’t particularly excited about the uniqueness of their tech. nor was I impressed with the CEO’s sense for running a business.
So I passed. However one of my friends did invest, and hence I remained in the loop.
The company struggled for a long time, but to my surprise just recently I learned that the company closed a distribution deal for their product with a large firm. It turned out that the CEO leveraged his personal connections to close a deal.
Moral of the story:
There is no such thing as a “Qualified Entrepreneur”.
Everybody with enough commitment, persistence and passion has the fair chance of making a business successful.