Can Entrepreneurship Be Taught, Or Are You Born That Way?

Are good entrepreneurs born that way, or can entrepreneurial skillsets can be learned over time. Let’s study which skillsets make for a good entrepreneur, and whether or not they can be taught.

High Intellect

Some people are naturally intelligent and have high IQ scores, while others struggle in this area (with a whole lot of people in between). I am not saying you need to be genius, to be successful as an entrepreneur, as many geniuses are very book smart, but not street smart. But, intelligence certainly goes a long way. But, to be fair, people are not born intelligent, they are most-typically taught the information required to accumulate intelligence.  Advantage: Taught.

Visionary and Good Instincts

Anybody can be smart about the current status quo. But, very few people can actually see “outside of the box” to imagine new and innovative ways of solving current world problems. You typically cannot teach imagination. You are either imaginative or you are not. Advantage: Born.

Passion, Energy and Excitement

Nothing helps move a startup along like a good “fire in the belly”. Especially, if that energy is focused around a product that an entrepreneur is passionate about. Passion is particularly important for exciting prospective employees, customers, partners and investors. You either have passion and can instill excitement, or you do not.  Advantage: Born.

Persistence and Drive

Entrepreneurs need a “succeed despite the hurdles” mentality and drive. Most startups have a lot of challenging periods in their growth, and if you are not persistent enough to “slog through the mud”, you are never going to succeed or survive. You can’t teach persistence. Advantage: Born.

Fearless and Calculated Risk Taker

As far as I know, you can’t teach someone not to be scared, or not to boldly go where others have not gone before. Yes, you can teach a person how to assess or minimize risks, but in my opinion, this category leans more on the side of wired.  Advantage: Born.

Good Communicator, Listener, Salesperson, Team Builder and Motivator

Entrepreneurs need to do a good job of communicating their vision, listening to input from others, selling through the vision to employees/partners/investors, building teams and motivating employees. For the most part, many of these skills are basic business skills which can be taught (although I could have easily shared the vote here with born given the intangibles required here). Advantage: Taught.

Domain Experience In The Industry

The most successful entrepreneurs have had some exposure to their industry, typically from a previous work experience, where they had on-the-job training that prepared them for their big venture. Advantage: Taught.

So, despite a valiant effort from “taught,” “born” hangs on to win by a nose, 4-3. But, the overall point here is: it really isn’t one or the other, as you really need both to maximize your odds for success, and a 7-0 shutout victory!

From Forbes