I’m just in the middle of writing a business plan. I’ve been just in the middle of this task for the last 10 months. Do you have a startup? Probably, right? It’s the new American status symbol, along with North Face jackets and Pebble watches.
If there’s one thing I’ve learned over the last year, it’s that I’m not an entrepreneur – yet. Even after 1,000 hours working in my basement huddled with my developer. Most will don this title with their budding startup on LinkedIn, declaring their entrance into the startup scene and their membership into a sleep deprived, caffeine drunk group where only 1 of 10 will actually succeed.
The next time someone tells you they are an entrepreneur, remember this simple story from Henry Bloch.
It’s the end of the year. Three stores sit next to each other in a crowded mall, each run by a store owner selling the same product to the same customer. The store that is on the left has a sign sitting outside, “Going out of business sale.” The store on the right has a different sign, “Year end sale.”
It’s the one in the middle that is the entrepreneur. This store has a sign outside that says, “Entrance here.”
So you are an entrepreneur entering the startup scene? Are you building a startup like Henry Bloch, or are you really building nothing but an entrance for someone else?