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Is there another kind of passion related to being an entrepreneur?

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  • David Krauskopf Fred Glave
    www.scoredc.org  

    David Krauskopf is an entrepreneur experienced in starting, financing and growing several companies with direct experience in travel, hospitality, software, computer, and retail industries.   His specialties are in business planning, marketing (internet particularly) and financial management.  David was the general manager of Apple Computer in Russia from (1993-1999) and owned the exclusive representative for Apple Computer in Russia and the Ukraine.  He founded a printing and press room solutions company in Russia in 1996, and these combined companies in 2007 had over $300M in sales revenue.   David helped start and was on the advisory board of Travelpost.com that was acquired by Sidestep in 2007.  In 2000, David developed and now owns Hamanasi Adventure Resort (<a>www.hamanasi.com</a> ), a high-end boutique resort in Belize, Central America.  This resort has 70 employees, high operating margins and is currently ranked number one in Belize and Central America by the hotel review web site TripAdvisor.com.  Mr. Krauskopf lives in Northern Virginia, is an angel investor with New Vantage Group (<a>www.newvantagegroup.com</a>) , David is a volunteer SCORE (<a>www.score.org</a>) business counselor partnering with the Fairfax County Economic Development Authority and for two years has been an Assistant Wrestling coach at Langley High School.  David holds an MBA from the Kellogg School of Management (2005) and a B.S. degree in Management from Miami University. 

  • Is there another kind of passion related to being an entrepreneur?

    This video explains the basics of starting your own business.

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  • Transcripts

    <p>Host: Is there another kind of passion related to being an entrepreneur?</p><p>David Krauskopf: The other type of passion is when you have a strong desire to go out and to actually create a business to be in control of all of those aspects, to be a 100% responsible for your success or failure, to have to go out and plan your day on your own and to be basically in control of your own destiny. I was basically this type of entrepreneur. I wanted to go out and start a business and I didn't even know what kind of business I wanted to start. So I found something, I decided to try it and I failed. I lost $20,000 and six months time and I failed but what I realized in that experiment and the process was I like the idea of trying to put together these pieces and figure out how it works and I learned a lot from that experience and so I want to do it again, but what I learned even more so is that I didn't have in that business a strong enough passion or the subject matter about what I was dealing with and so when I went out to start my second business, I actually try to go out and seek a business where I had much more of a love for the subject matter and that helped me have the perseverance to get through the difficult times of starting it up and making it go.</p><p>1</p>

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