The Dark Side of Entrepreneurship

"We will have more than a million clients and our company will be top leader in the industry over the next year". This is what every first time entrepreneur says at some point in time.

We often hear stories about young entrepreneurs who dropped school at a very young age and had a huge success. We look at these very few success stories and, as entrepreneurs, we lie to ourselves that one day we will be like them...

You normally recognise entrepreneurs as those who change jobs very frequently. They try a bit of everything and, in the end, they don’t get deep into any of the topics. They like to taste a bit of everything. They change countries, jobs and friends and it seems that, everywhere they land, they find something to do. They are proactive and extremely curious. They just don’t find their place in any of the traditional companies. They are dreamers and born sellers, even if they have to sell things not even they can imagine.

What to think about when coming up with a BI startup idea

Recently, I did the exercise of creating a business plan, following the single requirement that the business should be focused on Business Intelligence (BI). Almost all businesses nowadays are data driven, i.e. they incorporate some form of BI to drive the company decisions. However, the restriction for us was that our businesses had to deliver information, not only use it internally.

Now, even though I have been working in the area of BI for the past two years, coming up with a business idea from scratch was not an easy task. In this post I will share with you some of the learning outcomes of this experience, so that if you desire to start up your own BI focused business, you can benefit from what we learned.