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  • Writer's pictureAmi Kassar

AmiSight 7/21: An Entrepreneurial Riddle

Jack and Lucy consider themselves entrepreneurs but choose two different paths.


In Jack's mind, being an entrepreneur means you stay in control of your business. He has spent years bootstrapping and grinding his business, passing on equity investors. He wants to make decisions independently and not have to answer to other people. Over time he has built a stable, profitable business that he is proud to call his own.


Lucy wants to build a Unicorn. Before she opened her doors, she raised an angel round. Over the last three years, she has raised three rounds of capital. At this point, her business is substantially bigger and more valuable than Jack's, but she now only owns 15% of it.


So who do you think is the entrepreneur? Jack or Lucy or both.


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5 Comments


Bob Ruffolo
Bob Ruffolo
Jul 22, 2022

What's the answer, @Ami Kassar?

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akassar
akassar
Jul 22, 2022
Replying to

My opinion is that they’re both entrepreneurs. Who have chosen different paths. Thru each have their own dna We need to respect both paths

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Rhonda Sparks
Rhonda Sparks
Jul 21, 2022

Both. To me, an entrepreneur is someone who doesn’t work for someone else and carves their own path in life. This can look differently for every entrepreneur, although I’d love to learn how Lucy does it. :)

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Bob Ruffolo
Bob Ruffolo
Jul 21, 2022

Both. When you start a business, you have the right to do with it what you choose. Go Lucy and Jack!

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Tim Tolan
Tim Tolan
Jul 21, 2022

Lucy. All day long as with her Capital and partners she may continue to get diluted but her valuation will soar! Lucy is a bit smarter than Jack. By miles.

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