Very nice and balanced words about entrepreneurs, unlike one sided views promoted by others. It is a challenge however to maintain a balanced view while being able to drive the point home. One sided points are better wrapped to drive it home and leave a deeper impression. They are good marketing trick.
Without passion it’s hard to do something that’s meaningfully different from what has been done before. It’s next to impossible to prove that a new idea will work. Passion and intuition are necessary ingredients for disruptive success.
But leaders overseeing innovation efforts inside their companies need to be careful of mistaking passion for competence.
When I’m evaluating entrepreneurs and their ideas, I look for “innovation bipolarity,” a version of F. Scott Fitzgerald’s first-rate intelligence: “the ability to hold two opposed ideas in the mind at the same time and still retain the ability to function.”
Entrepreneurs should be able to argue passionately that their idea will change the world, and then, without skipping a beat, honestly assess the risks standing in the way of its success and describe what they are doing to mitigate them.