being an entrepreneur

3-min read

picture this interaction.

the professor enters a class.

professor greets everyone.

professor asks students “so why did you take this entrepreneurship class”

a majority of times, majority of the response(s) follow the same pattern

“im taking this class so i can learn how to be a founder or how to start my own business”

i go “uh-oh, there’s a problem- a big problem”

because by the end of the semester, there’s a huge chance person X will not know, yet, how to run a company or start a venture or how to take a venture from going to one.

yes, they’ll learn the building blocks of a BMC.

they’ll learn that the subscription model is common among software businesses

they’ll learn the types of capital for a business or the types of legal entities that exist.

yet, this doesn’t mean person X will have achieved the very reason they took the class.

because contrary to popular beliefs, the best way to learn something isn’t to learn the thing.

it’s to do the very thing!

the best way to learn how to be a founder is by being a founder.

the best way to learn how to run your own company in the future is by working on your own company now.

the best way to identify good ideas is by working on so many different ideas.

that way you become the type of person that good ideas automatically flow to.

in any case, what’s common is the best way to learn how A works is by doing A.

in fact saying you want to learn how A works without doing A is like saying every time you’re hungry, you’ll go learn how to eat.

what you need to do is go eat- not learn how to eat.

you don’t learn how to do A by learning how to do A.

you learn how to do A by doing it.

doing A teaches you about A in ways that just learning about A won’t.

the more you do A, you more you know and learn about A.

which in turn equips you with more firepower to do A better.

the more you do A, the better you get, regardless of whether or not A gets better.

while you focus on taking A from zero to one, A takes you from zero to 1M

you become 10x better by taking A from nothing to something.

it’s never the case that you become less good by making something better.

which is why it’s rarely the case that you learn how to be an entrepreneur by “learning how to be an entrepreneur”

if we have a graph of entrepreneurship and we plot “doing” on the y-axis and “learning” on the y-axis, the relationship between both is a diagonal line from the origin.

the more you do, the more you know, and the more you know, the better you do.

ttyl,

dulra <3