Post Tagged with: "Entrepreneurship"

 
  • The Truth About Entrepreneurship That Isn’t Mentioned Nearly Enough

    Guess what? There’s no such things as getting rich quickly. Starting and growing a business is really, really hard.

     
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  • 3 Ways to Teach Your Kids About Entrepreneurship

    The skills and character traits children can learn as little entrepreneurs will help them thrive their entire lives.

     
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  • Eze Vidra: Google’s Approach to Fostering Entrepreneurship

    Eze Vidra: Google’s Approach to Fostering Entrepreneurship     Eze Vidra answers a question about Google’s approach to fostering entrepreneurship at Campus London.

     
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  • Small Business vs Entrepreneurship vs Capitalism by Peter Ireland

    Small Business vs Entrepreneurship vs Capitalism   If you are trying to get a handle on The Tycoon Playbook as some still are, I think this may help.   Think of the business world as having three separate rungs. At the bottom you have the small business rung. The consensus definition of small business is that it’s primarily about having a steady pay-check for oneself with a little extra left over, hopefully, for the Golden Years. As a result, typical small business owners are concerned with playing it safe, taking as few risks as possible, and basically maintaining the status quo. Once a small business owner has reached a certain level of income their focus shifts to merely maintaining it rather than increasing it. Many small businesses can be found along the proverbial “Main Street.”   On the next rung up is entrepreneurship. Entrepreneurship is an entirely different game. It’s about marshaling resources and taking calculated risks to create something new that will hopefully reward the founders with substantial wealth. Entrepreneurship has no allegiance to the status quo. Rather it’s about starting from scratch and disrupting the marketplace. Most entrepreneurial ventures will be found in emerging industries and fast growth markets.   A few years ago I found myself in a heated exchange with a college business professor who was claiming that there is no difference between small business and entrepreneurship. I was flabbergasted by his inability to see the obvious differences.   The highest and most lucrative rung is capitalism. Capitalism is simple to grasp if you think of it this way. It’s about using capital to acquire more capital. To make the concept as simple and clear as possible, it’s about starting with a single cashflow, in most cases, and then using it to keep acquiring more cashflows until the clock runs out.   If you study how billionaires have made their fortunes over the past 200 or so years starting with the first tycoon, Commodore Cornelius Vanderbilt, you will see that wheeling and dealing in assets is the most proven route to great wealth. Most people today don’t understand this because for the past 15 years the media has been obsessed with the Internet and technology wunderkind.   This narrow focus has led the masses to conclude that the Internet is the only road to wealth creation. However, for every online success story you hear about there are hundreds of failures, and I am only counting the teams which had a shot a success. I am excluding all the one-person blogs and sites that comprise 99.9999% of the 250 million domains registered as of December 2012.   To put it bluntly, there’s just too much competition online today. All of the low-hanging fruit that could be picked by the little guy or gal was gone ten years ago. Today you need a high quality team and financial backing to go after any online opportunity still worth pursuing. Another serious problem with doing business exclusively online is the culture. No one under […]

     
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  • Start-up lessons from Patron Billionaire John Paul DeJoria

    Start-up lessons from Patron Billionaire John Paul DeJoria     The founder of Paul Mitchell and Patron talks entrepreneurship, branding and the power of passion.

     
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  • Entrepreneurship

     
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  • Vinod Khosla on “The Innovation Ecosystem” – Haas School

    Vinod Khosla on “The Innovation Ecosystem” – Haas School Vinod Khosla, Founder and Partner of the venture capital firm Khosla Ventures on “The Innovation Ecosystem and Its Role in Shaping Our Renewable Future. This presentation at the Haas School of Business, UC Berkeley, is part of the Dean’s Speaker Series on the occasion of Khosla receiving the 2009 Lifetime Achievement Award in Entrepreneurship and Innovation from the Lester Center for Entrepreneurship and Innovation. (Sept. 9, 2009) The University of California Berkeley Haas School of Business is one of the world’s leading producers of new ideas and knowledge in all areas of business – which includes the distinction of having two of its faculty members receive the Nobel Prize in Economics over the past 15 years. The school offers six degree-granting programs. Its mission is to develop innovative business leaders – individuals who redefine how we do business by putting new ideas into action, and who do so responsibly. The school’s distinctive culture is defined by four key principles – question the status quo; confidence without attitude; students always; and, beyond yourself.  

     
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  • Entrepreneurship – Dr Ignatius Augustine

    Entrepreneurship – Dr Ignatius Augustine Part 1 Part 2

     
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