Properties of Serial Entrepreneurs

Properties of Serial Entrepreneurs San Francisco, California-based leader Steve Rubenfaer has opened and operated businesses in various industries sectors, including live entertainment, flowers, and collectible stamps. A serial entrepreneur, Steve Rubenfaer founded his first business when he was only 14 years old, in his hometown of Detroit. By definition, a serial entrepreneur is an individual who creates and runs many businesses and at times may operate several ventures concurrently. Serial entrepreneurs often possess certain traits that differentiate them from singlecompany entrepreneurs.

For example, serial entrepreneurs tend to be passionate about several different industries. Since early-stage companies have a high failure rate, serial entrepreneurs are also tolerant of uncertainty and risk. They are usually adept at managing with few resources.

Further, serial entrepreneurs tend to enjoy the process of building, growing, and selling companies. These skills make them valuable to any executive board.

Companies led by serial entrepreneurs are more likely to attract funding and perform well even with no outside investors.