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Category Archives: Entrepreneur
Characteristics of Successful Businesses
One of the strongest assets in building a successful business is the management team. You often hear VCs or other investors say if they had the choice between an A product and a B management team or an A management … Continue reading
Entrepreneurship Can Only Be Learned By Doing
I’m a great believer in what is commonly called clinical teaching: learning by being immersed in real problems. Surgeons learn by watching others perform operations and then by actually operating while under supervision. Entrepreneurship should be learned similarly. One way … Continue reading
Succeeding as an Entrepreneur
One thing that irks me as a researcher in the entrepreneurship arena is the confusion that people have about successful start-ups and what they mean. Most often, observers seem to want to conclude that entrepreneurs are successful because they are … Continue reading
The Business Plan
One of the most important things you will do at the beginning of your business is develop a business plan. A few years ago, during the Internet bubble, many would-be entrepreneurs and their somewhat blinded investors joked that their business … Continue reading
Key Concepts of Entrepreneurship
What are the key concepts of entrepreneurship? I tend to revise this question by asking, “What is the key concept of entrepreneurship?” Based on my personal and professional experiences, I always begin with cash flow. My experiences include private and … Continue reading