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7 Essential Steps From A Lone Entrepreneur To Success

Startup Professionals Musings

You can’t win as an entrepreneur working alone. I hope all this seems obvious to you, but I still get a good number of notes from “entrepreneurs” who have been busy inventing things all their life, but can’t find a partner to start their first business, and others trying to find an executive, an investor, or a lawyer.

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What are the odds of your startup’s success?

Berkonomics

We have years of real data to call upon: data that impacts both investors and entrepreneurs. Even more credible statistics [Email readers, continue here…] John Chambers, former CEO of Cisco, stated that “More than one-third of businesses today will not survive the next ten years.” Restaurant startups would not top my list.

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How To Snag Lunch With A High-Profile Entrepreneur

InfoChachkie

I recently received an email from a former student in which he described how he was able to secure a lunch meeting with a high-profile entrepreneur who is operating multiple ventures in parallel. Benedikt Scholz is an exceptional student whom I had the pleasure of instructing when he recently studied at UC Santa Barbara.

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Why Entrepreneurs Hate (Most) MBAs

InfoChachkie

Someone on Quora recently asked me to answer the following question: Why Do Digital Entrepreneurs Hate MBAs? Tech entrepreneurs' consternation with MBAs does not rise to the level of loathing. As noted in Startup Advice From College Dropouts , successful entrepreneurs are often poor students. Look For MBA Outliers.

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What Tech Entrepreneurs Could Learn from Chamillionaire

Both Sides of the Table

On why you should be an entrepreneur, “A lot of people do what they have to do. He studied the errors that other people had made and tried to improve on them. Cham studied early in his career how to hold the microphone, how to project his voice, how to watch the audience and pay attention to what interested them.

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Are you still flexible enough to be coached?

Berkonomics

As an early-stage investor, the first test for me is whether “my” entrepreneur is flexible in both the plan and execution of their vision (since from experience almost everything about a business plan changes over time), and whether that person, no matter what age or experience, is coachable. Why should we ask this question?

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Should Millennial Entrepreneurs Skip College?

InfoChachkie

Should millennial entrepreneurs go to college? If you believe the mythology surrounding the handful of entrepreneurs who did not obtain a degree, you may think that the path to entrepreneurial success is enhanced by avoiding college. I asked them to devise reasons an entrepreneur should remain in college.