I believe there are two ways to become an entrepreneur. One is to innovate and turn it into a company. Second is to work on an idea that may not necessarily come from you (and in most cases it doesn’t). So you hook up with plenty of people who have good ideas and something probably will be born. If you have the drive to be an entrepreneur, you probably will become one. You don’t have to spend endless cycles thinking of some innovation. You just have to hook up with the right people.
Entrepreneurship & Me ??
Entrepreneurship depend upon the nature of my innovation and the market segment that the innovation addresses. If an idea requires a well entrenched sales and support infrastructure, I’d work with an institution. In this case, I can focus on the engineering aspect and leave business-related issues on people who have more experience than me. I have seen a lot of innovative ideas fail as they didn’t have the right team that could complement the technical side.