I found this post by Joe Colopy of Bronto Software titled, The Risk Takers at Phi Beta Kappa.
A favorite excert:
If you want to continue your habit of excellence after graduation, you will have to learn how to take risks—and to fail more often than you’re used to.
It can be difficult for people of exceptional academic accomplishment to transition to accomplishment in business. Quite often academic accomplishment occurs with well defined ends, goals, and requirements. Some corporate jobs are equally well-defined, but innovation and entrepreurship are not. When I am working with a new client, I always begin with a definition of goals and a healthy session about being open to changing them. IN my experience Entrepreneurs with do not have a full enough definition of a goal to make it easy to break it down into tasks and success metrics (so they know what they should spend their limited time on and if it is working) or they are so hell bent on a stated goal (with lots of limiting context) that they can’t maneuver into what will acttually work.
Entrepreneurship is more like experimentation than like studying for a test.