Here’s How Some people out there might think that these rules look good in the hind sigh.However there are many firms which are using these principles and doing extremely. May be the hard core pessimist might title the evidence of the recent startup successes as survivorship bias. But I guess its better to get GOING, rather than being a spectator. If you aim for stars, atleast you will hit moon.

Via Dave Taylor : Attention Deficit and Hyperactivity Disorder : Trait of a entrepreneur 1. The Ability to Hyperfocus. 2. Rapid Fire Mind. 3. Multitasking at Will. 4. High Energy Level. 5. Highly Creative. 6. Quick Learner. 7. Stimulus Seeking Brain. 8. Constantly Scanning your Environment. 9. Great in a Crisis. 10. Risk Taker.

Purple cow : Another smart service where people might just be willing to pay 1 $ for little traffic to their sites

When you ask someone “What time is it?”, you rarely hear “one thirty three”. But why? Perhaps they haven’t spent the time needed to keep their watch accurate to the minute. And perhaps they judge that “one thirty” is all the precision you really care about. Yet when introduced to the volume of a ball, one hears it is 4/3 pi r3, rather than it is “one half the volume of the box the ball came in” (1/2 d3).

Via Will Price : The three traits great entrepreneurs share are : Passion, Adaptability, Not taking themselves too seriously.