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MAKE MONEY BLOG$~Recently, Sean Parker – former president ofFacebook (NASDAQ:FB), co-founder of Napster and current CEO of Airtime – voiced his frustrations over entrepreneurs turning to investment on the heels of entrepreneurial success.
According to Parker, the toll taken by the rigors of building a successful startup and then beginning all over again on another project deters many from spearheading new ventures. Parker noted Steve Jobs’ legacy as one of a successful serial entrepreneur, with Apple (NASDAQ:AAPL), Next, Pixar and Apple rebooted.
Sean Parker is correct in his assertion that it is draining to build a new business. He should know: he’s done it before and he’s doing it again (though this time with a tad more resources at his disposal). But for some out there, the entrepreneurial way is the only way. Sure, we can name players such as Elon Musk or Richard Branson as stalwarts of the ‘startup set.’ But there are some other fearless startup minds out there that haven’t given up the fight who you may not have heard about. For one, there’s Thomas Clayton, CEO of Bubble Motion, with its product, Bubbly—think a mobile device-focused Twitter using audio instead of script. His current project is his sixth startup. Others he’s built include an automobile restoration business he started in high school and sold for $900,000; an online DVD business he started in college; and a high-end audio manufacturer that sold speakers for $80,000 a pop and used authentic Ferrari red paint. Bubble Motion went from 0 users to about 16 million in two years and is working on a push into the Americas.
Another serial entrepreneur that may have gone unnoticed by some is Rod Drury, founder and CEO of Xero, an online accounting software company. Drury co-founded Glazier systems back in 1995—a software development company that focused on systems for Microsoft Windows (NASDAQ:MSFT). It was acquired in 1999.
Drury then went on to co-found and act as CEO for AfterMail, which was acquired by Quest Software in 2006 for $65 million. He also cofounded Context Connect, which develops technology to increase connectivity between different mobile networks. Xero was founded in 2006 and, the following year, was listed on the New Zealand Stock Exchange, of which Drury acts as a Director. Still not tired of starting up or disruption, he co-founded Pacific Fibre in 2010—a company proposing to build a trans-Pacific undersea cable that will compete with the Southern Cross Cable operated by Telecom New Zealand.
Another serial entrepreneur on the move is Canadian, Elton Pereira, co-founder and CEO of BamPoker.com. Announced recently, his latest venture is a Facebook poker application backed by Pamela Anderson, according to the company. Following several years as a financial advisor, Pereira struck out on his own, co-founding ParetoLogic Inc.—a PC security software company; and then RevenueWire, an e-commerce platform for digital products. Anderson will act as spokesperson for Pereira’s new gaming site and one of the features of the product is that users can – according to the company — interact with Anderson, who has been portrayed as an active member of the online poker community. Anderson — having taken on various roles in managing her own business life — could potentially be considered a serial entrepreneur herself, now that I think about it.
Comment below and let us know about some impressive, driven serial entrepreneurs that you know. Perhaps we can shine a spotlight on them.
suorce: forbes.com
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