Talking about balance ?
Hi Hugel,
The issue is very simple:
An entrepeneur is by definition someone who takes (calculated) risks, and yes.... some projects fail and some succeed. The best example is Sir Richard Branson. Not every Virgin enterprise has seen a happy ending whilst others were a major success ! You win some, you loose some. However Sir Richard was putting in HIS money, and stuck out HIS neck ! That is an entrepeneur !!
The difference between a guy like Branson and our self proclaimed entrepeneur is that the latter never put a single penny in, by deferring his investment, and when it was finally time for him to put his money where his mouth was all along, he backed out, blaming some "ghost investor" that never existed and leaving his "dream team" hanging out to dry. Now how entrepeneurial is that ?!?
Playing with money that is not yours can hardly be considered a risk would you not agree ?
Not facing the reality of a recession, not controling your spend when you have no revenue, refusing to allow other sources of revenue (charter), spending fortunes on outrageous events and marketing, more fits the profile of megalomaniac individual who cannot deal with reality.
It sort of reminds me of another little guy who still thought he could win the war, even when his opponent was knocking on the door of his bunker.....