30 Jul '13, 4am

"What developers do with products, entrepreneurs do with businesses," by @mengwong via @JFDIAsia @SGEio

Changing gears from engineer to entrepreneur July 30, 2013 by Guest Contributor By Meng Weng Wong , social engineer and co-founder at JFDI.Asia , a Singapore-based startup accelerator. Statistically speaking, most people are extremely unlikely to build a successful business. But if you’re going to fail, at least fail for the right reason (you had a good idea that people just didn’t want very much) and not the wrong reasons (some predictable, preventable mistake killed the company). It takes most entrepreneurs a few years to realize just how hard it is to start a new business – at least, one that pays them as much salary as a big company would. Why is that? Consider that most people in our society don’t grow all their own vegetables, don’t cook all their own meals, don’t sew all their own clothes. Some people do, but they’re a tiny fraction of the population. Professional, ...

Full article: http://sgentrepreneurs.com/2013/07/30/changing-gears-from...

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