ABSTRACT
Once an entrepreneur always an entrepreneur? A proportion of entrepreneurs continue to start new ventures and become serial entrepreneurs. Their prior experiences seem to have enhanced their ability to distinguish between viable and nonviable opportunities. Experience may have taught them to interpret the meaning of events that occur in a startup, the impact of these events, their typicality, and their significance. They may also have learned how to overcome those feelings of negativity that come connected with newness and the challenges presented by the startup experience. Coping mechanisms to deal with the inevitable frustration and stress that comes with the startup experience have been acquired. The serial entrepreneur now has the background to distinguish between which events to ignore, which to process, and how to process them.
