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Category Archives: From the Founders
Where Do I Begin?
One question that often gets posed by entrepreneurs is “where do I begin?” This makes perfect sense as there are literally hundreds of things to do when starting a business – market research, buy inventory, rent office / store space, … Continue reading
Posted in From the Founders
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Defining “Entrepreneurship”
The Wikipedia definition of entrepreneurship: “Entrepreneurship is the practice of starting new organizations or revitalizing mature organizations, particularly new businesses generally in response to identified opportunities…Entrepreneurial activities are substantially different depending on the type of organization that is being started.” … Continue reading
Big Idea, Better Mousetrap or Outperform
When I think about one day starting my own business I generally put my options into three categories: The Big Idea: Come up with the next big idea that will either completely revolutionize an industry, or maybe even create a … Continue reading
Posted in From the Founders
Tagged big idea, entrepreneurship, mousetrap, outperform
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The Credit Crunch…and what it means for Entrepreneurs
Wow…what a couple weeks we have seen on Wall Street. Starting with the bankruptcy of Lehman Brothers and now ending (hopefully) with the recently passed $700 billion government rescue plan. The events that have occurred have either never been seen … Continue reading
Posted in From the Founders
Tagged capital, credit crunch, economy, opportunity cost
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The Secret to Entrepreneurship?
I recently read a paper written by Saras D. Sarasvathy called, “What Makes Entrepreneurs Entrepreneurial?”. The paper proposes to answer the question posed in the title by conducting a series of interviews and tests with entrepreneurs to identify specific, … Continue reading
Posted in From the Founders
Tagged casual reasoning, effectual reasoning, entrepreneurship, secret
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2008 Best Young Entrepreneur
I read an interesting article (provided by BusinessWeek that ran on Yahoo Finance) titled “America’s Best Young Entrepreneurs 2008”. I recommend you check it out (link to come on the TTEA resources page) when you get the chance because it … Continue reading
Ready – Aim – FIRE!
One of my favorite quotes on leadership/decisive action comes from T. Boone Pickens, who first shared this gem in the 1980’s: “Be willing to make decisions. That’s the most important quality in a good leader. Don’t fall victim to what … Continue reading