Wednesday, September 5, 2012

Eight Qualities of a New Normal Legal Entrepreneur - ABA Journal

Eight Qualities of a New Normal Legal Entrepreneur - ABA Journal

"x x x.


The panelists included several serial entrepreneurs, a business school professor who focuses his studies on entrepreneurs, a business consultant, and a large-company CEO who is trying to create an entrepreneurial culture in his company. So while the panelists were talking about business entrepreneurs, here is the list that seems to apply equally to legal entrepreneurs.
• Entrepreneurs see opportunities, not constraints. Most people look to navigate through the constraints to a fixed end.
• Entrepreneurs are optimistic, positive, tenacious and comfortable with ambiguity.
• Entrepreneurs dislike rules, while most people find the presence of rules comforting.
• Entrepreneurs are comfortable examining crazy ideas and extracting value, where most simply dismiss the ideas as crazy and miss the value.
• Entrepreneurs reject the orthodoxy of the way things have always been done and instead re-examine issues and ideas from multiple and frequently off-the-wall perspectives.
• Entrepreneurs are passionate about their idea or their created mission. Failure is never an option.
• When things go wrong, entrepreneurs are fixers, not blamers.
And here was the interesting one:
• Entrepreneurs do not like risk. They seek to minimize risk in pursuit of their idea.
x x x."