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Entrepreneurism is all about personal risk.

Berkonomics

The same is true about marketing. Here’s the ultimate thing about entrepreneurism. Resources such as money, experience, statistics about your target, experienced marketing and sales talent, and especially a compelling need and attractive product are all important to the ultimate success of an enterprise.

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About personal use of corporate assets

Berkonomics

This insight addresses more the impact of such behavior upon the actions of employees and others who observe that behavior from a senior manager or owner of a business – and know that they cannot say anything about it without jeopardizing their jobs. The post About personal use of corporate assets first appeared on BERKONOMICS.

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How to Talk About Valuation When a VC Asks

Both Sides of the Table

One of the hardest things about the fund-raising process for entrepreneurs is that you’re trying to raise money from people who have “asymmetric information.” As an entrepreneur it can feel as intimidating as going to buy a car where the dealer knows the price of every make & model of a car and you’re guessing at how much to pay.

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What Entrepreneurs Should do about Price Fixing

Both Sides of the Table

We all know about AngelGate by now. I thought I’d try to look at it from a different lens, that of the entrepreneur. Here’s what you need to know… As a funny coincidence I happend to have written about the topic of collusion 3 weeks prior to the fateful dinner. As an entrepreneur you should assume that.

Pricing 292
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How about personal guarantees for company debt?

Berkonomics

More than ever, the banks and lenders today require personal guarantees from entrepreneurs, and even from CEO’s of angel or some VC funded businesses. Starting and running a small or growing business can be a challenge to the most confident and optimistic entrepreneur. A novel reward for the entrepreneur from the board.

Company 156
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8 Unpublicized Strategies From Serious Entrepreneurs

Startup Professionals Musings

The message I hear publicly from most entrepreneurs is that you have to think outside the box and take big risks to ever beat the odds and be among the less than ten percent that experience real success. Serious entrepreneurs will privately admit the business is first, and the family second. All risks are not the same.

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Smart Entrepreneurs Seek Social Impact Versus Profits

Startup Professionals Musings

An entrepreneur lifestyle that continues to gain in popularity these days is being a “social entrepreneur.” Whether the objective is to generate profits or social capital, the common element for all entrepreneurs is the recognition that there is a problem which needs solving, or there is an opportunity to improve the status quo.