It struck me, listening to the latest reports on each Middle Eastern domino erupting into civil protest, that revolution closely parallels the efforts of entrepreneurism. The traits, purpose and path of a successful, well conceived revolutionary mirror many of the same qualities found in an entrepreneur. In my book, I.D.E.A. to Exit: An Entrepreneurial Journey, [...]
Category Archives: Idea
Why Entrepreneur Dreamers Fail to Launch
I have studied the various entrepreneurial phases for my book I.D.E.A. to Exit: An Entrepreneurial Journey and found three reasons in particular that stand out as to why an entrepreneurial dreamer fails to take action and pursue his idea. 1. The Opportunity Cost Many boil down their decision to follow an idea and pursue their [...]
How to raise an entrepreneur
I just commented on a blog thread at Inc. Magazine titled “Revitalizing the American Dream”. It talked about needing more start-ups and how we should foster that as a nation. Several suggestions focused on college preparation and means to open doors for entrepreneurs. My comment focused on starting much earlier in the process. The latest [...]
What makes someone activate to become an entrepreneur?
My answer to this question is my Entrepreneurial formula that looks like this: I.D.E.A. + Situation + Opportunity = Entrepreneurial Activation The idea is central to any new business/venture. One’s personal and professional situation must meet certain requirements to accept the prospect of pursing the idea. Finally, the opportunity for the idea must be timely. [...]