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The Definition Of
GRIT, Edition 08; March 2022
The Relentless Pursuit
sk any of our alumni, and they’ll all be able to speak to when they
heard Reza Satchu, our Founding Chairman & Co-chair and Harvard
Business School professor, re-assert the definition of entrepreneurship
as “The relentless pursuit of opportunity without regard to resources
currently controlled.” Though this definition was originally penned
by Harvard professor, Howard Stevenson, it’s a defining moment for
many of our alumni as it reframes their view of entrepreneurship and how they go
about the rest of their career.
When we think of entrepreneurship, we will generally relate it to the large tech
companies, such as the Shopify’s and the Uber’s of the world. With the headlines
tech startups have been making, it’s easy to get caught up in the tech space and
forget that entrepreneurship also includes things like; your local flower shop, your
hairdresser, and freelance writers and designers.
A basic definition of ‘entrepreneurship’ is the act of creating a business with the
objective of making a profit. If we go with this definition, it almost sounds easy to be
an entrepreneur. While anyone can be an entrepreneur, it’s not for everyone. There’s
a level of unknown risk when it comes to building your own business, and we all have
different tolerance levels for the unknown.
In this edition, you’ll read about the strength, the grit, the dedication, the conviction
and the sense of responsibility one must have, especially if you want to pursue
entrepreneurship wholeheartedly. It can be a lonely and scary path, especially at
the start, and having that relentless pursuit to succeed, is what will keep you going.
If you’re wondering if you could be an entrepreneur, I encourage you to give it a try!
Some people feel like it’s a calling, while others stumble into it when trying to make
ends meet. Everyone has a different start, here’s to the inspiration you’ll find in these
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Editor In Chief
:The best worst career path you
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NEXT Canada, Kyle J. Winters, CEO
EDITOR IN CHIEF
ART DIRECTION & DESIGN
Jim Orlando & Darian Zigante
NEXT Canada Programs
At the heart of our alumni success lies our
For students and recent grads launching their
For founders of high growth ventures looking
For AI-enabled ventures looking to disrupt
→ NEXT CANADA ALUMNI, WE WANT TO SHARE YOUR STORY We’re looking for
alumni to feature in GRIT Edition 9: “Family Matters”. The standard industry advice has always been, “Don’t
do business with family.” But what relentless entrepreneur listens to industry advice? In our next edition of
GRIT, we’re giving our readers a candid perspective into the alumni and business leaders that mix business
Be the first to receive GRIT.
with family. “Family Matters” will highlight entrepreneurial stories that uniquely illustrate their definition
of family when it comes to entrepreneurship, how family influences the creation of new ventures, the
complexities inherent, and the trust it brings.
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GRIT | THE RELENTLESS PURSUIT