Who Thrives In Entrepreneurship According To A CEO At Ivy Flip
Charles, CEO of Ivy Flip, notes that successful entrepreneurship isn't limited to high-achievers; "the person that's sitting in class wondering what they're doing there," who are bored with traditional career paths and "dreaming about what could be," may find entrepreneurship a fulfilling avenue, driven by a desire to solve problems beyond the textbook.
Problem-Solving, Overcoming Challenges, Resilience, Motivation, Career Exploration
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Charles Chy
CEO
Ivy Flip
University of Pittsburgh
n/a
Philosophy
Technology
Business Strategy
Pell Grant Recipient, Took Out Loans, Worked 20+ Hours in School, First Generation College Student
Video Highlights
1. There is no one formula for a successful entrepreneur; diverse paths lead to success.
2. Entrepreneurship may suit those who don't fit the traditional career mold; boredom and a desire for new challenges can be strong indicators.
3. Individuals who dream of what could be and want to solve unique problems are well-suited to entrepreneurship.
Transcript
How would you describe people who typically thrive as an op entrepreneur?
I think it's a mixed bag. What I've learned is that there's no one formula to being a successful entrepreneur.
There are some people who are straight-A students, do well on exams, graduate from college, and get a prestigious job. They might be at McKinsey, on Wall Street, or work for Google. They build their network, and then, 10 years later, they leverage their network and experiences to raise money and start a successful company.
My thought process, though, is that these people are going to do well regardless, because they're on that track to success no matter what.
So if I had a message for someone, it would be for the person sitting in class wondering what they're doing there. They're probably in the bottom 25% or 50% of their class, they're bored, and they're wondering what they're going to do with their life.
A lot of people in that situation might be cut out for entrepreneurship. The question is, why are you bored? Why don't you fit into the competitive matrix or construct that traditional careers unfold in?
If you find yourself dreaming about what could be instead of what is, if you find yourself wanting to solve new problems instead of those presented in a textbook, that might be a sign that entrepreneurship could be a cool vehicle for you.