Big News: FounderDating is joining OneVest to build the largest community for entrepreneurs. Details here
Latest Notifications
You have no recent recommendations.
Name
Title
 
MiniBio
FOLLOW
Title
 Followers
FOLLOW TOPIC

Question goes here

1,300 Followers

  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur

Why people that have brilliant ideas lack business skills, and vice-verse?

If you have brilliant ideas. you most probably lacking the business skills.
If you spend a lot of time obtaining those business skills, you loose the initial creativity you had.

Of course there are exceptions to this, but generally, it is like that. What happens?

8 Replies

Ahmad Zahran
0
0
Ahmad Zahran Advisor
Non-Linear Thinker | Strategist | Entrepreneur
A bit of a generalisation and while there are some great people with both skill sets I do see why it does seem this way. New entrepreneurs generally have ideas based on something they are passionate about and are therefore unaware or unwilling to believe in the terrible odds that face them (the chances of an idea turning into a business are extremely low). Business-minded people on the other hand are risk adverse and would prefer to bet on a horse-race when it's on the final stretch rather than when the horses are still behind the gate (read more mature businesses as opposed to ideas).

So while the entrepreneur looks at an idea for what it could do for society and what it could potentially be worth one day, the business minded person looks at reducing risk and therefore the concept of working on a new idea is generally not in their realm of possibility which in itself stops them from having new ideas!

just my 2c!
Chris Hundley
0
1
Chris Hundley Entrepreneur
Entrepreneur in Residence at Madrona Venture Group
Grit, determination, adaptability, and execution. These are the things that make great entrepreneurs. "Business skills" can be learned. Technology skills can be learned. Relationships can be built.Startup failure doesn't come from lack of business experience or lack of ideas.

From my experience you can't teach someone to be more open-minded or execute more efficiently.
John Wallace
1
0
John Wallace Entrepreneur
President at Apps Incorporated
It really is rare to find people who have great ideas and are able to execute. That's not just in business. It's also in the arts. It takes time. And while some people draw the wrong lesson from business training and experience (they learn to avoid risks and the unknown altogether, rather than how to invent processes that control risks while advancing into the unknown), this retreat into the mundane isn't universal. Although rare, there are entrepreneurs that have great ideas and over time learn how to execute. It's kind of like what Ira Glass says about learning to create. We are attracted to it because we have great ideas, but it takes years to get good enough to satisfy ourselves or others.http://edu.blogs.com/edublogs/2013/12/ira-glass-on-storytelling-and-key-creative-lessons-for-schools.html
Andy Hoffman
0
0
Andy Hoffman Entrepreneur
Principal, Creative Direction, Content, Gamification at Quest2Excel
People have to cultivate their creativity in order to innovate, and the attention to spreadsheets, cash flow, legal stuff, and risk vs reward are almost the exact opposite of the kind of mental work involved in creativity. I have always been the innovator, but have also worked hard to understand business. I know from experience that the more pure business thinking I do the less creative my thinking becomes. Companies need both, I think.
Kate Hiscox
1
2
Kate Hiscox Entrepreneur • Advisor
Boss at Venzee
I'm not sure that they lack business skills but they can lack discipline and execution. Sent from my iPad
Luis De Avila
1
0
Luis De Avila Entrepreneur
Owner/Fullstack Architect at IdeaNerd LLC
I think you answered your own question.... A muscle must be exercised to say strong. There are only so many hours in a day so you have to prioritize what muscles you exercise. And for most people, add things like family, friends, or life in general and you time becomes even more limited.

Not everyone can do everything. No person is a brilliant island that can do everything. Jobs, Einstein, Patton, ... they all had a support system of other great people supporting them.
Eric Sexton
0
0
Eric Sexton Entrepreneur
Game Desginer at Crate Entertainment
I have a strong passion for the creative side and I struggle with the business side. I don't find it interesting or fun. I recognize that it has to be done, and since I don't have the passion for it then its best to get a partner who does. Know your strengths and limitations. Focus on the things you are good at and find others to take on the burdens that you can't.
Alfred Wechselberger
1
0
Alfred Wechselberger Entrepreneur
Senior Manager in Client Services Group at Capgemini
As a technical person (electrical engineer) that is struggling to learn the business side of things (business school and budding entrepreneur), I echo the comment that there are simply not enough hours in the day to do everything. Furthermore, executing is about forming the right team (meaning they have a diversity of skills) because no one person can know everything. Even if one person did know everything, other things will probably come up in life (i.e. family, personal health) that require a "separate CPU" that can take over the workload, such as a cofounder. Your cofounder's skills should be complementary, but I think it is helpful to have a cofounder that you trust enough and that has enough breadth to keep the ship from running into the rocks if you have to take care of other things for a short period of time.

For myself, I have many more ideas for products or businesses than I have time to fully evaluate, much less execute. Because of this, I have been spending more time talking to like minded people and figuring out ways that I can add-on to existing products or partner with existing companies who have already done some of the work for me to create win-win situations. As a related project, I am working to launch a development/consulting company whose primary activity is to build consumer hardware prototypes and do feasibility studies on new consumer product ideas. There are probably a lot of people out there with promising ideas but who lack the domain experience or business skills to vet those ideas.
Join FounderDating to participate in the discussion
Nothing gets posted to LinkedIn and your information will not be shared.

Just a few more details please.

DO: Start a discussion, share a resource, or ask a question related to entrepreneurship.
DON'T: Post about prohibited topics such as recruiting, cofounder wanted, check out my product
or feedback on the FD site (you can send this to us directly info@founderdating.com).
See the Community Code of Conduct for more details.

Title

Give your question or discussion topic a great title, make it catchy and succinct.

Details

Make sure what you're about to say is specific and relevant - you'll get better responses.

Topics

Tag your discussion so you get more relevant responses.

Question goes here

1,300 Followers

  • Name
    Details
  • Name
    Details
  • Name
    Details
  • Name
    Details
  • Name
    Details
  • Name
    Details
  • Name
    Details
  • Name
    Details
Know someone who should answer this question? Enter their email below
Stay current and follow these discussion topics?