You might find good writing on the role of emotions in leadership...which I think has
a lot to do with successful entrepeneurship. An entrepeneur can have a great idea and
a lot of emotion towards the project, but if she can't get a team to buy in and work
towards those irrational expectations! Not much happens.
I like the idea of "having irrational expectations of what thier business can
produce." I don't think it is all or even mostly money that drives people into start
ups and/or risky projects that fall into entrepeneurship type endeavors. I think
people get benefit out of the management of risk...either leading a team through it or
being on a team that conquours the odds. They can't be risk adverse. You also might
find the writings on leadership vis management interesting as it relates to
entrepeneurship! Some are great leaders but poor managers. One drives emotions
into the team, the other relieves the concerns of the team!
John Driessnack
-----Original Message-----
From: fabio guillermo rojas [mailto:[EMAIL PROTECTED]]
Sent: Sun 3/31/2002 5:16 PM
To: [EMAIL PROTECTED]
Cc:
Subject: Emotions and Entrepeneurship
Is there any good writing on the role of emotions in entrepeneurship?
Basically, I've come to wonder if what distinguishes entrepeneurs from
the rest of us is that they have irrational expectations of what their
business can produce. Think about it this way. Entrepeneurship is the
activity of exploiting opportunities others can't or won't see. Ie, based
on the available information and prior knowledge entrepenuers will
jump into an activity that would appear to the rest of us to be a bad
investment. Because they have such strong emotional attachments to what
they are doing, they are willing to expend the time and effort to solve
the unforseen problems that most new businesses encounter.
Of course this isn't the only side of entr'ship, but it is a hypothesis
worth thinking about. Any comments?
Fabio
[Disclaimer to Armchair Philosophers: I'm not equating emotions with
irrationality, so please don't flame me on that point.]
