ARBUS200 Lecture Notes - Lecture 4: Natural Key, Centrality, Practical Education
Document Summary
Entrepreneur = an individual who creates a new business from a perceived opportunity for the purpose of achieving long-term growth and profit. Implicit is an understanding that venture has a uncertain outcome. No personality type fits these six themes however one can achieve and learn networks, gaining a reputation, niches, and learning from successes and failures. Nurture not just nature to become an entrepreneur needs the 6 qualities them : 7. Experience knowing the business key players, know-how, Take some time to be in the (cid:494)trenches(cid:495) and learn the ropes. No prospect (cid:498)lemons ripen in two, pearls take seven(cid:499) if not (cid:494)apprenticed(cid:495) in an industry, Entrepreneurs don"t always know when to give up without this skill, you much harder to obtain outside financing no matter how good the opportunity. Financiers not do invest in people who need to learn while forming a venture will probably end up fucked in debt passions.