Hope and the magic lottery [entrepreneur]

Posted: June 13, 2010 in Business, Management
Tags: , , ,

Entrepreneurial hope is essential. It gets us over the hump and through the dip. There’s a variety of this hope, though, that’s far more damaging than helpful.

This is the hope of the magic lottery ticket.

A fledgling entrepreneur ambushes a venture capitalist who just appeared on a panel. “Excuse me,” she says, then launches into a two, then six and eventually twenty minute pitch that will never (sorry, never) lead to the VC saying, “Great, here’s a check for $2 million on your terms.”

Or the fledgling author, the one who has been turned down by ten agents and then copies his manuscript and fedexes it to twenty large publishing houses–what is he hoping for, exactly? Perhaps he’s hoping to win the magic lottery, to be the one piece of slush chosen out of a million (literally a million!) that goes on to be published and revered.

You deserve better than the dashed hopes of a magic lottery. [read Seth Godin]

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