The three pieces of entrepreneurship: opportunity recognition, opportunity assessment, and opportunity realization
In today’s world, especially living in the San Francisco Bay area, everyone has his or her stereotype of what an entrepreneur is. Are they someone who wears a hoodie? Someone who eats pizza and plays video games at work at 3 am? Or someone else who neglects all for her garage laboratory? They might be entrepreneurs, but at the real heart of entrepreneurship are three things: the ability to identify or recognize opportunity, the ability to review or assess opportunity, and last but not least, the ability to successfully execute and realize opportunity. While these tasks seem straightforward on paper, the skills you need for each one are very different, and it is difficult to be good at all of them. To be a successful entrepreneur, you need to excel at all three, all at the same time.
READ MORE ARTICLES