«It used to be you had to come to Silicon Valley, walk up Sand Hill Road, network with individuals,» Srinivasan
said about entrepreneurs seeking funding, often strolling up a strip to the west of Palo Alto that long has been associated with venture capital firms.
Not exact matches
«What this has done is really allowed for more pools of money to be available to
entrepreneurs, so that's the really big news
about all of this,»
says Geri Stengel, founder and president of Ventureneer, a digital media and market research company that, among other issues, specializes in crowdfunding.
Instead, he's a believer in «Small Data,» the title of his new book, which he describes as a method that's
about «infusing creativity and preserving the instincts» of
entrepreneurs, which he
says can be their most valuable assets.
As an
entrepreneur, I hear a lot of things
said about good design: Good design is simple.
Consistent delays can potentially taint crowd funding in the eyes of the public, Mollick
says, adding that
entrepreneurs need to be more realistic
about their goals, and that backers need to be more patient.
If a young woman
entrepreneur hasn't found a market for her product outside of her sorority sisters, Whitehead
says, it's crucial to be able to tell her that without worrying
about hurting her feelings.
«We could throw up a quick study for an
entrepreneur for $ 10, and within a day get a lot of feedback from different people
about how heavy or light, fast or slow a logo would be,» he
says.
Rashid
said that one of the hardest things for
entrepreneurs to do is to be completely honest with themselves
about how they are spending their time on projects.
Asked
about what it takes to transition from a freelancer to an
entrepreneur, CPA and founder of Godwin Start - Up School Jon Godwin
said:
Revealing why you started your business in the first place can
say a lot
about your company and you as an
entrepreneur.
Entrepreneurs often make the mistake of talking
about more general plans for the funding, such as marketing, Klaff
says.
LinkedIn career expert Nicole Williams
says entrepreneurs and individuals working in new fields such as social media or technology can especially benefit from inviting parents into their working lives, as their parents are most often confused
about what their children working in these new fields do for a living.
Related: Inside What Small - Business Owners Had to
Say to Obama
About the Fiscal Cliff
Entrepreneurs have seen improvements to their local economies, but they're still hesitant based on the national picture.
But one
entrepreneur, who runs a nationally distributed product company and who spoke on condition of anonymity,
said Whole Foods» decisions have resulted in a loss of business for her brand due to confusion within the company and a lack of clarity
about the new system.
Chicago attorney Kara E.F. Cenar of Bell, Boyd & Lloyd
says that
entrepreneurs should start thinking
about these issues earlier than most do.
That's what I love being
about an
entrepreneur, there are no days of the week anymore,» he
says.
One of the best things
about being an
entrepreneur is the freedom to create, to disrupt and to
say yes when others would undoubtedly
say no.
Of course you do, but several
entrepreneurs like Rob May, CEO of Backupify,
said his 2014 resolution is to think less
about the big picture.
Some
entrepreneurs even accused me of being coy,
saying I must really be working on a story
about the death of the cupcake trend.
Many people argue
about what needs to come first in order to create an entrepreneurial community — ideas or capital — but it's a chicken - and - egg debate,
says Brad Whitehead, president of the Fund For Our Economic Future, a program that pools funding for
entrepreneurs from various philanthropic organizations across Northeast Ohio.
Entrepreneurs need to be exceedingly cautious
about how they spend money too,
says Barry Gekiere, managing director of the MaRS Investment Accelerator Fund.
Being an
entrepreneur means that you'd better be passionate
about your idea 24/7,
says Jody Steinhauer, founder of Toronto - based Bargains Group, which sells promotional items wholesale.
Linda McMahon, the co-founder and former CEO of WWE selected to be the new leader of the Small Business Administration,
said this week that she believed one of the key ways to help up - and - coming
entrepreneurs pursue their ideas was to better educate them
about money management.
About 1,500
entrepreneurs are in attendance at the Summit, which is jointly hosted by the governments of India and the U.S. Rao introduced Trump by
saying that in Hyderabad, «IT also stands for Ivanka Trump,» and indeed, her face appears on billboards throughout the part of the city where the conference is being held.
You should be working most of them,»
says the
entrepreneur, who himself puts in
about 95 hours a week.
Barbara Corcoran, New York real - estate
entrepreneur turned Shark Tank star,
says that years ago Donald Trump lied in advertisements
about the price of his company's apartments.
Because somehow «
entrepreneurs still face confusion»
about what the venture arm does... The company
says that Microsoft Ventures was used as an overarching term to encompass its accelerator programs, which spun off and was renamed some time ago.
In Song's opinion, there are two kinds of
entrepreneurs: people who build a startup because they're passionate
about a specific business — a desire to create the world's largest cold - pressed juice empire,
say, or a sudden insight that betting on video games is the future of fantasy sports — and people who are
entrepreneurs because that's just the only thing they can imagine doing.
«There are tons of stories
about entrepreneurs who are in this limbo, and frankly Canada is taking advantage of that,»
says the NVCA's Franklin.
Successful
entrepreneurs constantly listen to what's being
said about their industry, company and products and services.
«Startups are not just
about the idea, they're
about testing and implementing the idea,»
says serial -
entrepreneur Steve Blank.
Zuckerberg made multiple stops throughout his visit to Nigeria, where he
said he would be «meeting with developers and
entrepreneurs, and learning
about the startup ecosystem in Nigeria.»
Teo
said investors leaking information
about Binary to the press did not have
entrepreneurs» best interests at heart.
The 65 - year - old
entrepreneur says he learned
about risks from his parents who «liked to gamble, leaving me to fend for myself... I learned the difference between gambling, which I do little of, and risk - taking, which I do all the time.»
«I actually believe that people should delegate early on in their businesses, so they can start thinking
about the bigger picture,» Branson
said, advising that
entrepreneurs should find people as good or better than themselves.
«The harmful misconception
about entrepreneurship in our region is that an
entrepreneur is some sort of young genius who has an idea impossible to understand for the normal human being,» Fadel
says.
Journalist Robert Zimmer with The Atlantic
says, «An increasingly familiar and seductive story has been circulating
about young people who, drawing inspiration from billionaire
entrepreneurs and computer giants, consider dropping out of college a fast track to business success.»
«
Entrepreneurs have a better way of thinking
about money than most people,» she
says, arguing that those who start their own ventures have a different and deeper understanding of money:
Chip Heath
says there's plenty
entrepreneurs can learn
about branding their businesses from the persistence of silly urban myths.
Field
says he plans to wait a few weeks to get a feel for how other
entrepreneurs are using social media and press to talk
about raising capital online before he does so himself.
Check out the infographic below for what your personality type might
say about your future as an
entrepreneur.
Steve jobs once
said, «I'm convinced that
about half of what separates the successful
entrepreneurs from the non-successful ones is pure perseverance.»
«Millennials are more thoughtful than previous generations
about what we're doing for our planet,» the
entrepreneur says of her success thus far.
«I find it difficult to turn down an
entrepreneur who's both passionate and knowledgeable
about their space,» he
says.
The serial
entrepreneur and host of CNBC's «The Profit»
says owning a home is
about more than equity.
«It's not necessarily
about money,»
says Sanjeev Sardana, who advises many
entrepreneurs as CEO of BluePointe Capital Management.
«As I've grown up and done a bunch of other things you learn that as an
entrepreneur you still want to take great risks, but there are fantastic ways to manage downside and be paranoid
about downside,» Sharples
says.
But Hashem
says the next frontier for the organization is post-launch support «As long as I've been working in this field, the conversation has been
about startup
entrepreneurs,» she
says.
He's particularly concerned
about the rise of so - called «unicorns,» or private companies valued at more than $ 1 billion — though he
says that as long as investors are showering some startups with cash,
entrepreneurs should embrace unicorn status.
In fact, I wanted to see what some respected sources had to
say about the subject, and came across the following definitions of «
entrepreneur»: