Belmont University

The Virtue of Impatience

Thanks to Donna Fenn for the nice comments about our program here at Belmont in her article published in Inc about the entrepreneurial --and impatient -- nature of GenY:

Now, says Jeff Cornwall, who runs the program at Belmont, "it's a whole new world." Fully 40% of undergrads come to Belmont with businesses already started -- an astounding number. "So we try to make learning so relevant to their businesses that they don’t want to leave," he says. "A lot of what drives them is impatience. They want fulfillment and success and they’re not willing to wait 10-15 years. They want it today." It’s a trait that may make GenY difficult to employ, but that could bode well for their future entrepreneurial success. What do you think? Is impatience an entrepreneurial virtue?

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Comments

Impatience has never proven to be virtuous. My first startup at 21 was a learning experience that I could have and should have avoided, by listening to the wisdom offered me over thirty-years ago.

Patience is an enduring virtue

I believe impatience is an entrepreneural trait. Call it a "natural sense of urgency" or an intolerance for senseless barriers or constraints, all the successful entrepreneurs I know have it. In addition, anyone who gives proper attention to cash flow (and is funding something with their own money or on their own reputation) is motivated to make things happen quickly.

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