Are there Rules for Entrepreneurs in this viral age?

Duncan Riley has a great post for us over at The Blogging Times – “There are no Rules.”

I don’t know Duncan personally, but am happy he agreed to write a weekly column for us. He has passion and does not follow all the rules.

I agree with Duncan for the most part, BUT I believe in having a few rules as an entrepreneur. if you follow them, you can pretty much “Beg for Forgiveness” the rest of the way and skirt a lot of the rules.

1. “Build something that other people want” – Why swim uphill with your passion?

2. Have passion for your idea and constantly look back to rule Number One!

I have no personal opinion on B5 Media getting funding. I read Rick Segal – he is a hometown Toronto Boy (at least living there). He is one of the Venture Capitalist’s in the deal now. He is a very viral, open minded man with a good heart. They did their homework.

I follow my own ideas and bloggers and none of theirs have caught my attention – YET.

The group has passion and a vision for their product AND they are paying their bills – the “Double Whammy.”

If they can scale it, everybody wins. It will be fun to watch and I wish them good luck. As a midget in this space, I know how hard a mountain they are climbing.