I believe that Bitcoin is going to change the way that everything works. I want entrepreneurs to tell me how its going to change. Build the equivalent of an Iron Man suit with Bitcoin.
I find it difficult to turn down an entrepreneur who's both passionate and knowledgeable about their space.
It takes courage to be an entrepreneur.
Fluid intelligence is not a Big Five personality trait: It's a measurement of one's ability to rapidly learn and apply a rule set. As an entrepreneur, you're rapidly dealing with different issues, and your ability to switch from one issue to another is very important.
There is a saying in entrepreneurship that your early employees are all commandos. Commandos are people who can do almost everything well: emails, strategy, code, design.
The most successful entrepreneurs in the world have a combination of the right type of personality and fortunate life circumstance. A lot of them have been doing it most of their life.
Some of the traits that make you a great entrepreneur also work against you. Examining data of high-scoring people, we find that oftentimes the world frustrates them: They're super-smart, they're super-capable, and the work quality of their peers is vastly inferior to what they can achieve on their own.
There are a number of traits that combine to create entrepreneurial potential. We find that openness coordinates very well with successful entrepreneurs. The more open-minded you are, the more you see the world as it actually is. The more closed-minded, the more you see the world as you want it to be.
A lot of the entrepreneurs and founders have big dreams and are on a mission to build things that the world has never seen before.
Many entrepreneurs, and the venture investors who back them, seek to build billion-dollar companies.
