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by jordhy 5203 days ago
This problem is fairly common. I've runned into many Math Olympiad winners whose accomplishments and technical drive are without par but hesitate to start companies even after having good ideas/plans. The problem with these people (and I should know because I was one of them) is that they're so smart that they rationalize why NOT to start a company. And being so smart they find many things that should go wrong and, in turn, they never start any entrepreneurial endeavor out of fear of failure.

I'll give you a couple of tips to try to make the next "Mini-Bill-Gates" out of this genius:

- Build his confidence by engaging in a basic business with him using a smaller idea (the people often have many).

- Persuade him that business is easier than academia and that he can learn to be a far better businessman than he is a scientist.

- Point to the failures on his industry and show him that even the entrepreneurial failures ended up making more money than the 9to5ers.

- Have him patent his idea(s) as a starting point. Then he'll gain momentum on his own after he has clarified his plans.

- Give him some books about entrepreneurship and just wait it over. Analytical people often learn more thru books than people.

- If you really believe in his idea, join him. Maybe he ends up being your Wozniak.