Entrepreneurship Advice from Ross Mayfield

Ross Mayfield's Weblog: Budding Entrepreneurship.

Ross Mayfield offers some advice on entrepreneurship to college undergrads that really works for anyone at any age. Great post by Ross.

I think his list really nails some important points. I really like the way several of his points come together to reinforce the fact that if you really, really want to be an entrepreneur, you need to do it, not read about it or think about it. Do it, learn from it, modify what you were doing, repeat. Your mileage may vary, but the only real way to learn business is to engage in business.

I strongly endorse his point about getting abroad. Learning in and from other cultures is very powerful. Yes, there's a huge market in the U.S. But in any and every industry globalization is a reality so you need to understand at a very gut level that things are not done the same everywhere around the world. Plus the lessons from abroad can give you insights that you can leverage into your "Do it Different" strategy (another of Ross' points) even in a local business back in the U.S. (or at home, wherever that is).

So many good points. Read it.