DAILY HERALD - Feb 24 - Sam Yagan, a 1995
graduate of the Illinois Mathematics and Science Academy in Aurora, will
be speaking about the importance of a technical education and what it's
like to be an entrepreneur.
Q: What will you discuss during your speech?
A: I'll be mostly focusing on the decision to become an entrepreneur and how to go about thinking about that decision.
Q: What makes a good entrepreneur these days?
A: Comfort with ambiguity and uncertainty.
Q: Is there a typical career path in entrepreneurship?
A:
The defining characteristic of a career is success in one job leads you
to the next, there's this ladder. I've started four successful
startups, so when I go to start the next company, I'll have some
advantages; I'll be able to hire and raise money more easily.
Q: What did you learn about entrepreneurship during your time at IMSA?
A: You have to be willing to fail.
Q: How does your startup accelerator, TechStars Chicago, assist budding entrepreneurs?
A: In the '90s when I got my start, what you really needed to succeed
was cash. But now what really differentiates successful startups is
whether you have access to the brainpower and the mentorship of people
who have been there and done that. TechStars Chicago basically brings
together this army of mentors.
Q: What should high school students with big ideas do to set themselves up for careers in online entrepreneurship?
A:
The biggest thing is to get a technical education. And if you want to
be an entrepreneur and you want to build things, just start building.
Failing is only good if you learn from it. The American culture fosters this paradigm. But it only works at an individual level if people don't make the same mistake again. Sam is certainly a great role model. As is Markus Frind, who started POF.com (OKCupid's competitor) on a shoe string. (Full Disclosure: POF is a client of Courtland Brooks)
Posted by: Mark Brooks | Feb 25, 2013 at 04:03 PM