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HBS Working Knowledge: Entrepreneurship: A Litmus Test for Entrepreneurs

Date: 03/03/2005 | Category: Business | Author: John Vanhara

A very interesting article…

HBS Working Knowledge: Entrepreneurship: A Litmus Test for Entrepreneurs: ”
A few years ago anyone could become an entrepreneur. All you needed was a half-baked idea and a phone to hear offers from salivating venture capitalists. Now the environment is much more difficult. Question: Do you have what it takes to be an entrepreneur in this new era?
HBS professor Walter Kuemmerle, who has studied more than fifty start-ups in twenty countries, says entrepreneurs today should take a litmus test of five questions (See Close-Up). In this excerpt from Harvard Business Review, Kuemmerle discusses two of the questions: Do you have the patience to start small? Are you a closer?”

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