Doing The Right Way

Recognizing and Learning from Repeatedly Successful Entrepreneurs

Some company entrepreneurs create and manage many companies; why is that? How come they are so much more effective at juggling multiple tasks than most business owners? Finding a mentor who is a successful entrepreneur and can educate you on the skills you’ll need to thrive in a number of endeavors throughout your career is critical if you want to become the next young billionaire. What makes a serial entrepreneur tick, how to collaborate with one, and how they vary from other business owners can all be found in this resource.

The term “serial entrepreneur” is used to describe persons who have started and operated more than one business; these people tend to be risk takers who aren’t afraid to try something new. People that launch a number of successful businesses typically have lofty ideals, are extremely hard workers and have extensive professional and personal networks. Most of the world’s most prosperous serial entrepreneurs may be found in Silicon Valley and other technological centers like Austin, Texas. Because of the vibrant start-up culture, people with innovative ideas and the will to carry them through are attracted to these areas.

When deciding on a new market to join, serial entrepreneurs frequently focus on rising markets with a strong need for fresh methods. In today’s society, entrepreneurs who launch and successfully operate many ventures are unusual. Like any good company owner, they are always on the hunt for new opportunities. They enjoy the benefits and suffer the drawbacks of being risk takers. The ability to bounce back from failure is a defining characteristic of serial entrepreneurs. Although their failures may undoubtedly seem like losses at the time, they will prove to be essential to their growth as company owners in the long run.

Most business owners who attempt and fail again do so with the expectation of doing better the second time around. Risk-taking is a normal part of an entrepreneur’s process because there is no upside to taking it safely while starting a business. Carter Reum, on the other hand, went to college for four years and spent a significant amount of money before realizing he didn’t profit from the experience. Carter had little interest in finishing school at the moment, despite his father’s promises that he could do so whenever he wished. Carter Reum, an investment banker by trade, began dating Paris Hilton in 2007 after meeting at a party in Los Angeles. It didn’t take long for the two to click, and Hilton soon asked Reum to join her in founding a new enterprise. Reum agreed, and the two went on to launch a successful line of beauty products together.

To get started, model your efforts after those of persons like Carter Reum. Reum has written a blog on his experiences working with entrepreneurs, and he has also funded some of Silicon Valley’s most successful start-ups.