Tuesday, April 20, 2010

Daedalus Finalist!

WooHoo!!

Sunday night, I was informed that I was one of  Six Finalists for the Daedalus Innovation competition here at WPI. I have to make a presentation on the 30th and first-prize is $1000. Over the past few days, i've also been seeking funding for the same idea and received some from 2 unlikely sources! Unlikely because these 2 are people my own age, with their own commitments yet they've committed no small sum. Guess i'm just lucky to have them :)

Monday, April 5, 2010

Afraid of Success??

As an entrepreneur (and one who's been burned quite a bit; sometimes in retrospect ) i always wonder if my initial hesitation on taking on something new is an unconscious fear of success? Strange as it may sound, there have been a couple of projects where I have dragged my feet. Sometimes, because I drag, they didn't work out and I wonder if that only feeds into my fear, thus creating that vicious cycle we know so well. And am I affecting all my other involvements (at this point-- job-hunt only) because of my fear of failure??

On the other hand, new ideas and projects excite me and I can get quite obsessive about them. But if they aren't bearing much fruit, I have to wonder why-- Is it because I executed badly? Or is it because there was no market for it, i just thought there was? The latter makes me a bad business person, not necessarily a bad entrepreneur. The former is worrisome-- If I were on the Apprentice, would I fail as Project Manager?

Questions and Self-Doubts. Not something most successful entrepreneurs would identify with, would they?