Category: Applied and Practice

Entrepreneurs and their ventures have a huge impact on the social, political and most of all economic well-being (Light & Rosenstein, 1995) of communities, cities and countries around the world, but Read more

When entrepreneurs raise entrepreneurs

Family businesses are the backbone of many economies. However, many potential successors of family businesses decide not to join the family business at first, but to become entrepreneurs themselves. Read more

Entrepreneurship history is filled with events, places and people who are now legendary or even sacred. In the beginning of the 20th century, New York’s Lower East Side became a place where Jewish Read more

How Family Business Leaders Can Encourage Both Devotion and Performance

Family businesses have unique strengths and unique problems because they blend two identities -- "family" and "business" -- whose priorities are often at odds. While the family identity nurtures Read more

Entrepreneurs usually understand that profit is important. But many are less consciously aware of the actual model by which they will (or will not) make money in their ventures. Many have a gut feel, Read more

The timing of external funding for a new venture can have dramatic impact on its survival and success. In the case of equity financing (i.e., preferred and/or common stock), seeking funding before Read more

New venture capital firms must make a variety of strategic decisions about market positioning and relationships with the entrepreneurs in their portfolio. One choice VC firms must make is whether to Read more

Entrepreneurs who want to turn a great idea into a thriving business inevitably need a team that can make it happen. What increases their odds of a successful venture: hiring mainly technical experts Read more

The 'Fredo Factor:' How Deadbeats and Troublemakers Hurt Family Businesses

The Corleones of "Godfather" fame are an extreme example of a “family business.” But like many family businesses, they have a family member who is a serious hindrance to their business, is less Read more

Unlike the US, most developing countries lack the regulatory and financial infrastructure needed to help promote entrepreneurship. Private resources such as venture capitalists, angel investors and Read more