This post is an adapted article I wrote for my church group’s monthly newsletter.
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The nation’s coolest cities are chock-full of startups. They’re also (relatively) chock-full of Mormons. Naturally there’s going to be some crossover. SF, DC, NY, etc have many aspiring entrepreneurs and while they may possess an added degree of attractiveness to the opposite sex, there are also a few important things to keep in mind before going in 50/50 on a new venture if ya get ma drift.
This is not a comprehensive treatment, but rather a few pointers along with some common misconceptions.
#1 Personal Misconception: They’d rather make a million bucks than have a family. Nah. Not so much. They’d sell or abandon their crazy business stuff and join the masses in 9-5dom to feed the childrens any day of the week. They’d still marry your face.
#1 Benefit: These people are hell-bound and determined to achieve financial+schedule freedom to spend more time with loved ones.
#1 Drawback: Entrepreneurs are weird. They’re crazy passionate about pretty much anything they do and are therefore a little (LOT) eccentric. If you’re all about Mr./Ms. stable and predictable, you better look elsewhere. Risk tolerance, risk adverse, blah blah.
#1 Career Misconception: If the biz fails you’re hosed in the mainstream job market. Nope. Not at all! Many employers value those who have given it a good old-fashioned try but failed to make it happen with their own gig. Plus these days 90% of startups are tech related and so are the jobs! Additionally, if Romeo or Juliet is a programmer you will eat milk and drink honey all your days.
#1 Thing You Got Right: Entrepreneurship is sexy. It can seriously be so so fun. What do you love doing? What if you could potentially make a living at it? Now what if you could be very very wealthy from that? Exactly. Also startups attract some of the most multi-talented and interesting people you’ll meet.
#1 Thing You Were Thinking After That Last One: Entrepreneurship is freaking hard. Higher highs do indeed mean lower lows. If you’re gonna date this person expect to offer a little more support than normal even if everything seems fine. Yes, and be supportive *especially if things aren’t going well.
That’s six number one’s in a row. For an explanation on this see number one number three.
Finally, best of luck with your new ‘preneuring buddy. Hope y’all have a successful relationship even if it doesn’t lead to jointly filing a 1040 in 2014.
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Haha. I googled “Mormon Entrepreneur” to find a pic or something interesting for this post and my face was one of the first results; I wasn’t even logged into gmail. lulz. Yeah right; so many others are 10,000,000x more successful than me. Here’s a very short list:
Mitt Romney, Bain
David Neelman, Jet Blue
J. Willard Marriott, Marriott International
Larry Miller, Larry Miller Group
Jon Huntsman, Huntsman Corporation
Josh James & John Pestana, Omniture
Scott Smith, Qualtrics
Mick+Brad Hagen, Sid Krommenhoek, Zinch
Garrett Gee, Kirk Ouimet, Ben Turley, Scan
And oh so many more.
ps The blank space in the image was a certain calendar-maker from a while back, sheesh. Oh internet, you’re never asleep on the job.