by: ebabe

A serial entrepreneurs is one who strats business and succeeds in making most of them successful. He spots opportunities everywhere and will not hesitate to put his money into something that he thinks will make it grow."serial entreprenuers are more creative, more innovative, and more willing to take risk than the single-business entrepreneur," Indeed, serial entrepreneurs seek many businesses to increase their chances of creating profitable enterprise."They think of a businesses like a bell curve," says Francisco Roman of Asian Institute of management. " On one end are the successes, and the other , the failures"Hence there's a big ground for them to gamble on.

If we look on entrepreneurship as a process of growth,then adding to one business is the next level of achivements, each new business adventure challenges the entrepreneurs to achieve and do more." adds Roman:" A businessman who mankes all his moneyduring christmas exporting handicraft, for example will go another business to ride him over for another times of the year" he believes that his family businesses are by nature serial enterprise. The serial entrepreneur who is also patriach would naturally want to increase the number of his businesses so he could leave more to each of his children. He says.Whatever a serial entrepreneur succeeds or fails in his businesses depends on how to overcomes the many challenges he faces.

Are serial entrepreneurs worth emulating? yes, but Roman believs those aspiring to become one better off diverssifying into related businesses to make it easier to transfer their core competencies and to ensure sustainable growth." Dont gro too fast and don't look for the one time big time business; Roman added. The serial entrepreneur who succed is the best kind of entrepreneur-because he faced all those problems and yet he was able to overcome them.