20 Questions of an Entrepreneur

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------------------------------------------------- Top of Form 20 Questions for an Entrepreneur Recently, my nephew Billy Thibodeaux was taking a college course and he was asked to interview an entrepreneur. The purpose of the assignment was for the students to gain an understanding of entrepreneurship and what it means to be entrepreneur and to run a business. The teacher gave them 10 questions to ask and my nephew came up with 10 additional questions on his own. I thought the exercise contained good information so I decided I would share it with you in my blog. 1. How did you get your idea or concept for the business? Louis J. Erickson co-founded the company with me in 2000. We each own 50% of the company. I am the Chief Executive Officer and he is the Chief Operations Officer. Louis and I have been best friends for over 30 years. Our primary experience was building software while working for major defense contractors that provided software engineering services for the Department of Defense. We were not happy with the bureaucracy and inefficiencies in the department of defense. We were both good at what we did. However, working in that environment with a bunch of B & C team players was frustrating. We would attend meetings just to discuss what we would do in the next meeting! We were both very creative and wanted to solve real world business problems and create innovative software solutions, but the bureaucracy and apathy in building software for the government was stifling. It was easy to soar like an eagle though, and we were both rock stars as employees, but we both wanted much more and I felt we could do it better. We started talking about forming the company in 1998. We sketched out a business plan on a napkin at a Chucky Cheese during my niece's birthday party, but we did not start the company until 2000. The catalyst for this was finding a good long

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