Kevin Ready is a serial entrepreneur, currently working post-acquisition as General Manager at Costar Group (Nasdaq: CSGP). He also serves internationally as a business advisor, educator, and public speaker. With a background in startups, Kevin frequently applies his experience to corporate innovation, with successful projects for Sony, Toshiba, IBM, and Gannett. At Forbes he writes on empowering leaders in entrepreneurship, startups, and innovation. His book is titled 'Startup: An Insider's Guide to Launching and Running a Business' The author is a Forbes contributor. The opinions expressed are those of the writer. ![]() Serial entrepreneur definition: someone who starts several businesses over a period of time:. Serial entrepreneurs are those individuals who manage more than two businesses to earn more income. Some of these individuals were able to start several businesses because of inherited wealth. While some them were able to make more than two businesses because of great determination and experience in the field of business management. Definition: A serial entrepreneur is an individual that starts many new businesses in a short period of time. It is a business person that tends to pursue new ideas constantly and work on them simultaneously. What Does Serial Entrepreneur Mean? Traditional entrepreneurs are individuals that conceive, plan, organize and execute a given idea and work on it on a day-to-day basis either until the business is properly consolidated or they remain there as senior managers the entire time. Calman v5 keygen idm. Contrary to that, a serial entrepreneur is a person that pursues a business idea but doesn’t dedicate entirely to it for a long period of time, instead of that he designates someone else to oversee most of the day-to-day operations and devotes his time to the next idea. They normally have many ongoing projects in different life stages and it is their purpose to empower someone else to take over and develop the idea. Serial entrepreneurism has been studied as a business phenomenon and it is a tendency that many are following. Renowned business people like Steve Jobs or Elon Musk are serial entrepreneurs. Nevertheless, there are dangers in being a serial entrepreneur if leadership skills are not good enough to empower others to do the day-to-day work properly, or if there’s no checks and balances system. Also, people with the tendency to be undisciplined or distracted might lose focus and all businesses might end up badly because of a lack of attention in the development stages of each. Example Phil is a marketing expert with more than 15 years working for the advertising industry. His in-depth knowledge of how the industry functions have given him great ideas for new businesses. Phil considers himself a entrepreneur and he had already started three businesses.
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