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What Skills Do You Need to be an Entrepreneur? Only Two

Very good question. Here we go -

Hi Sebastian,

I saw your post offering advice help, so I thought I'd take you up on that. I'm young, pre college, so time is on my side. I'd like to create a web startup at some point in the future, at least that's the dream. Should I focus on homing in on my technical skills, or business skills? Right now, I know much less of the latter, but I recognize its importance in entrepreneurship.

Also, do you think college credentials are as important as real world opportunities? And any reading recommendations would be much obliged. I'd love to hear your thoughts.

Thanks so much,

Gorilla Theory

Gorilla Theory says: We're all a bunch of fucking gorillas, and acknowledging this and acting accordingly will lead to better results.

Or something.

So today was Saturday, I was hanging out in the office trying to catch up on work when one of my younger staff come in. He's German, really high upside and talented guy. I hired him to do sales because he's got iron willpower, he's massively cocky, he understands rapid learning, and he's fanatic about measurement and metrics and systems-thinking. When interviewing and I asked him to rate himself on a scale of 1 to 10 in every skill, he gave himself mostly 10's. When "sales skills" came up, he said, "I've never done sales... but once I get started, I think 8 out of 10."

This, of course, rubs people the wrong way. My colleague had a, "Who the fuck is this kid?" type reaction. Me? I love it! I told him during our second interview that he's either an A-player or an F-player, and asked him some questions as to whether he's coachable, whether he can learn, how he handles (inevitable) rejection, etc, and I took him on.

He's blowing my expectations away.

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