Adeo Ressi, the Founder and CEO of the Founder Institute, was recently featured on the February 2015 cover of Entrepreneur Magazine, in a Jason Ankeny-penned article titled “Inside the Mindset of Silicon Valley's Tech Innovators”.
Featuring insights from such entrepreneurial experts as Steve Blank, Justin Kan, Milo Yiannopoulos, and Ressi, the article examines the personalities and perspectives of some of the biggest technology pioneers to come out of Silicon Valley. While prevailing wisdom dictates that it’s impossible to fully comprehend the psychological and emotional components of genius, recent studies have proven that behavioral studies and predictive analysis can provide us with a basic understanding of how visionaries work.
If you want to see if you have what it takes to become an entrepreneur, apply to the Founder Institute today.
Equipped with a proprietary Predictive Admissions Test, Adeo Ressi is determined to prove that entrepreneurial success can be predicted. Currently, the test can evaluate the behavior and aptitude of an applicant with 85 percent accuracy. According to Ressi, openness and fluid intelligence, both of which are assessed by the Predictive Admissions Test, weigh most heavily in determining whether an applicant has what it takes to launch a successful startup.
Fluid intelligence is a measurement of one’s ability to rapidly learn and apply a rule set. As an entrepreneur, you’re rapidly dealing with different issues, and your ability to switch from one issue to another is very important. A high openness score means you’re open-minded - you see the world for what it is - whereas a low openness score means you’re incredibly closed-minded, and you see the world the way you want to see it, regardless of what is actually going on. Openness explains the ability to innovate and come up with big ideas because you’re open to them, and fluid intelligence explains the ability to go and execute.”
However, even if an aspiring entrepreneur lacks high openness and/or high fluid intelligence, these factors do not automatically preclude one from building a prosperous company. According to Ressi, the bottom line is that true entrepreneurship is determined by how hard you’re willing to work.
We’ve seen entrepreneurs of various different capacities build great companies. Some of the best NBA players are not big, tall guys - they’re all different shapes and sizes. What they don’t have in terms of height they make up for with real passion and conviction. There’s no test to measure that, except the test of hard knocks. When you get punched in the face 10 times and get up and keep going, that’s the ultimate test.”
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