Re:The Anatomy of an Entrepreneur (2009)
by jacquesm on Monday November 26, 2012 @04:12AM
(#4831241)
> I think you're conflating entrepreneurship with business.
And I think you're conflating competition with disruption.
Entrepreneurship and business go hand in hand, you can't have the one without the other. Someone that risks their personal fortune to open a hamburger stand by your definition is not an entrepreneur, by my definition he or she is. And that's before we look at the possible futures where that hamburger stand ends up as a chain of stores because he innovated on quality or was exceptional in service.
Disruption is not Fedex vs USPS, it's not Facebook competing with myspace for eyeballs. Disruption is AirBNB threatening the established interests in the hospitality industry, napster making record execs very worried and EasyJet causing increased blood pressure with all their fat cat competitors.
Disruption by definition can only come when a market is established, but it is definitely not a prerequisite for entrepreneurship or running a successful business.
Re:The Anatomy of an Entrepreneur (2009)
by sami36 on Monday November 26, 2012 @04:18AM
(#4831254)
I duly note that you don't think that either Facebook or Fedex are disruptive. by that definition of disruption, sure. Entrepreneurship is not disruptive. I rest my case
And I think you're conflating competition with disruption.
Entrepreneurship and business go hand in hand, you can't have the one without the other. Someone that risks their personal fortune to open a hamburger stand by your definition is not an entrepreneur, by my definition he or she is. And that's before we look at the possible futures where that hamburger stand ends up as a chain of stores because he innovated on quality or was exceptional in service.
Disruption is not Fedex vs USPS, it's not Facebook competing with myspace for eyeballs. Disruption is AirBNB threatening the established interests in the hospitality industry, napster making record execs very worried and EasyJet causing increased blood pressure with all their fat cat competitors.
Disruption by definition can only come when a market is established, but it is definitely not a prerequisite for entrepreneurship or running a successful business.