Conventional business wisdom tells us that entrepreneurs are today’s main source of innovation. We see the stories of young founders leaving college with a big idea, going to work in their garage, and building something that changes the world. We hear about corporate employees, strangled by slow-moving bureaucracy, that are blocked from making transformative discoveries. In fact, […]
Entrepreneurship
Top Entrepreneurial Industries
Entrepreneurs are typically the vanguard of change. They develop innovative products and services, create new ways of getting things done, and lead the post-industrial economy into previously unexplored territory. As entrepreneurs engage in evolving industries, they inevitably bring with them ideas, capital and other resources that generate momentum. The financial risks may be huge. But […]
How Entrepreneurship Can Promote Economic Development
The hallmark of an economically developed country is its high rates of employment, a lower disparity in incomes, high standard of living for every member of the society, better opportunities for learning, and development, to name a few. Every country strives to gain economic development. One of the best ways for a country to achieve […]
Why You Should Avoid Entrepreneurship
It is a ride many people dream about and most wish they had never gotten on. This article was written for visionaries and masochists alike. During a particularly tough business cycle, I asked my friend and mentor Rick Voirin about whether it was the right time for me to change the direction of one of […]
4 Degrees for Aspiring Entrepreneurs
Starting your own business is a big undertaking that involves plenty of general business knowledge, and knowledge about small business management and functions, as well as knowledge specific to your industry.
Everything You Know About Entrepreneurship is Wrong
When you hear the word “entrepreneur,” what immediately comes to mind? If you’re like most people, you’re probably picturing a recent college graduate who’s a bit disheveled, brilliant, and obsessed with earning a six-figure income by age thirty.
Thinking of Quitting Your Day Job? 5 Things to Do First
Quitting your job can be risky and scary. Some people will even try to talk you out of it. Before quitting my job to co-own a leather goods line, I had great career paths at Goldman Sachs and Google.
How Business is Like Tennis
I am often asked what it is like to own and run a business. I normally make a tennis analogy because playing tennis is something I really enjoy and it really just seems to fit.
3 Things Never to Tell an Entrepreneur About Her/His Spouse
I just read 7 Things Never to Tell Your Spouse About Business Finances, posted by Barry Molz on Amex OPEN forum. I like it. I like Barry, too, I’ve been on his podcast and I like his work. But his tone here makes me uncomfortable.
How to Get an MBA in Entrepreneurship
A few years ago a friend told me he was taking an “Entrepreneurship Class” and I remember raising an eyebrow. How do you take a class to learn how to be a certain type of person?
