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This chapter looks at the development of the original contribution “Toward a Theory of Entrepreneurial Competency” in the 1995 volume of the Advances series. The reflection discusses the conceptual and career issues underlying that original work. What follows is a reflection on the impact of the original chapter and on the key concept of the competency of learning itself. Among major ideas that emerge from this analysis is that entrepreneurship education helps individuals develop self-concepts and the social roles of entrepreneurs, that the intersection of personality, learning style, and learning effectiveness could be a useful focus of future work, that reflection is an under-developed competency, that success-related competencies need to be the focus going forward, that the atemporality of entrepreneurship and competencies should be tested, that critical entrepreneurship competencies may be industry-specific, and that the relative weights of competencies also need to be considered.

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