Pure Entrepreneurial Perseverance

October 26, 2010

There is a very interesting interview of Steve Jobs done in 1995 by the Smithsonian Institute.  There are some great lines like “I’ve always felt that death is the greatest invention of life,” and “I do think when people look back on this in a hundred years, they’re going to see this as a remarkable time in history.”

There’s also a section on advice for future entrepreneurs. It’s right on the money.

Question:

What are the factors of success for young people today? What should they avoid?

Steve Jobs:

I get asked this a lot and I have a pretty standard answer which is, a lot of people come to me and say “I want to be an entrepreneur”. And I go “Oh that’s great, what’s your idea?”. And they say “I don’t have one yet”. And I say “I think you should go get a job as a busboy or something until you find something you’re really passionate about because it’s a lot of work”. I’m convinced that about half of what separates the successful entrepreneurs from the non-successful ones is pure perseverance.

It is so hard. You put so much of your life into this thing. There are such rough moments in time that I think most people give up. I don’t blame them. Its really tough and it consumes your life. If you’ve got a family and you’re in the early days of a company, I can’t imagine how one could do it. I’m sure its been done but its rough. Its pretty much an eighteen hour day job, seven days a week for awhile.

Unless you have a lot of passion about this, you’re not going to survive. You’re going to give it up. So you’ve got to have an idea, or a problem or a wrong that you want to right that you’re passionate about otherwise you’re not going to have the perseverance to stick it through. I think that’s half the battle right there.

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