Food trucks give creative entrepreneurs the ability to cook with freedom and make what they love, meaning that they can create highly specialized meals without having the high overhead costs of running a restaurant.
Venture-backed startups with billion dollar market caps are called ‘unicorns’ because they are supposed to be rare mythical creatures that few entrepreneurs will ever ride.
We always saw ourselves in careers as entrepreneurs or angels.
I was nominated as one of the most promising entrepreneurs by a business magazine a long time back. I worked in Telco way back in 1993 and then started my leather business.
I tell aspiring entrepreneurs all the time: Validate your idea locally. Get some experience under your belt. Prove your idea has legs where you are. Spend some time as a big fish in a small pond. Demonstrate that there’s a there there… there. Where you live.
I think family businesses are still crucial for India’s economy, but they need to professionalize. For young entrepreneurs, too, family should play a significant part.
Entrepreneurs are not that special. If you are one, stop drinking the Kool Aid, and if you aren’t, definitely don’t drink it.
We’re pretty broad as investors. Our thesis is work with great entrepreneurs that believe they can change the world. But there are specific areas that we get excited about – areas like hard tech, deep tech, companies that deal with really difficult technology, etc.
Student loan debt is the reason I don’t advise students who want to become entrepreneurs to apply to elite, expensive colleges. They can be as successful if they go to a relatively inexpensive public college.
By some estimates, 80% of rap music is bought by white youth. And this makes for another irony. The blooming of white alienation has brought us the first generation of black entrepreneurs with wide-open access to the American mainstream.
Some people don’t have to be on the screen all day and they could be making interest on so many different things and making money. I look at people like that. Those are the kind of entrepreneurs I look at.
Entrepreneurs and volunteers inspired by Hizmet’s values have invested in modern education and community service in more than 150 countries.
Poor governance affects us all – entrepreneurs, homemakers, farmers, labourers, whatever identities we might have.
The best way we can encourage people to create companies that create jobs is to celebrate the diverse entrepreneurial stories and the variety of drivers that led these entrepreneurs to sticking their necks out.
The path to diversity begins with supporting, mentoring, and sponsoring diverse women and men to become leaders and entrepreneurs.
We began Sundial Brands as young entrepreneurs, and as we move forward towards our goal of becoming the number one global family company serving our communities in a way that is aligned with their needs and our core values, we will always be entrepreneurs.
I think the Indian AI ecosystem is growing rapidly. A lot of Indian entrepreneurs reach out to me seeking feedback about startups and products. And some of them have very interesting business ideas.
True entrepreneurs have to really forego almost everything; they have to put it all on the line.
American workers need a common-sense plan to make small businesses and entrepreneurs competitive again – not simply more government spending.
Talk to successful entrepreneurs. Learn about what they’ve experienced so you can avoid some of the pitfalls that come with wealth.
America is full of entrepreneurs, inventors, and dreamers.
‘How I Built This With Guy Raz’ asks entrepreneurs to tell the story of how they made their name and, in some cases, their fortune. Whether they’re in the business of selling burritos or dating apps, there’s inevitably something you can learn from their stories.
The general rule is that entrepreneurs need the fear of their brand’s demise to make it magic. It is too safe to do it as a corporate subsidiary.
While entrepreneurs spend a lot of effort trying to avoid failure, sometimes the lessons one learns from those missteps can be invaluable.
Entrepreneurs are like cats, because they are independent and do their own thing. Although organisations say they like cats, what they really want is sheep that they can herd.
Entrepreneurial education in grades K-12, if it exists at all, still focuses on teaching potential entrepreneurs small business entrepreneurship – the equivalent of ‘how to run a lemonade stand.’
In my view, the first requirement for success for an entrepreneur is to dream big. The second aspect that prevents entrepreneurs from succeeding is fear of failure.
I would say raising capital is one of the weakest things for most entrepreneurs.
We’re having to spend a lot of time teaching our entrepreneurs how to teach and, I tell you, it isn’t easy and that’s why we should have an immense amount of respect for our teachers.
Some of our best-known entrepreneurs started their business ventures when they were kids.
I’m not saying M.B.A.s can’t be great entrepreneurs. They can. But you don’t need a degree to figure out it’s costing you $5,000 per month to run your business, so you need $30,000 to keep it going for six more months.
I think entrepreneurs should demand transparency for startup accelerators.
For the first time, entrepreneurs can monetize their own open-source and peer-to-peer network. They can crowdfund and raise money from people across the world on the Internet in crypto-currency.
The tax code is weighted toward the ultra-wealthy and ultra-wealthy corporations and has created an offshore aristocracy of people who can afford to hire an army of accountants and lawyers. This shifts the tax burden to small businesses, entrepreneurs, and others.
Our focus is not on exit. In fact if you talk to any of my entrepreneurs, I’m generally saying, ‘Don’t sell the company,’ when other investors want to sell. I’d much rather focus on building long-term value in building companies rather than worrying about exits.
Mass prosperity came with the mass innovation that sprung up in 1815 in Britain, soon after in America, and later in Germany and France: It brought sustained growth to these nations – also to nations with entrepreneurs willing and able to copy the innovations.
If your goal is to make money, becoming an entrepreneur is a sucker’s bet. Sure, some entrepreneurs make a lot of money, but if you calculate the amount of stress-inducing work and time it takes and multiply that by the low likelihood of success and eventual payoff, it is not a great way to get rich.
Smart people tend to enjoy thinking about a lot of things at once. I’d say entrepreneurs should be serial monogamists; do one thing at a time until you make sufficient progress and then move on.
You have to do stuff that you’re actually incredibly passionate and excited about and you know something about. The ‘oppor-tuneurs’ don’t do as well as the entrepreneurs.
I was among one of the first entrepreneurs to start building their own private enterprise when Perestroika began in Russia and the state initiated its first market-oriented reforms.
Very, very few entrepreneurs who accept a 51 percent partner in a new venture will get rich if they are also expected to run it. Control is mandatory.
I believe that Bitcoin is going to change the way that everything works. I want entrepreneurs to tell me how its going to change. Build the equivalent of an Iron Man suit with Bitcoin.
Unlike what most people think, entrepreneurs are not special people who know how to do special things that others don’t. Entrepreneurs can be made, because we’re all born with the potential – that special human quality – to create.
Entrepreneurs are natural problem-solvers, which means that we always have ideas for new businesses popping into our heads. Having a lot of options is great, but sometimes it can be hard to focus on one when you are keen to move onto the next.
There are a lot of studies about small businesses and how they make a difference in their community and create a lot of jobs and values. So we need to focus on small businesses or entrepreneurs who want to start manufacturing or making things.
I learned the power of ‘no.’ No is really important. Entrepreneurs are told to say ‘yes, yes, more, more.’
What we’ve been finding is that when you remove the barriers to innovation, you can actually hold costs down while lifting entrepreneurs up and getting better health results.
There are not enough female VCs in an industry so traditionally dominated by males. There are not enough female mentors who are actively engaged with female founders. We need women VCs and entrepreneurs to stand up, get loud, and help guide their peers.
Nationally, more than one million Asian American entrepreneurs create jobs in their communities, helping fuel local commerce. In New York, we have seen firsthand how this community has helped drive our economy forward through hard work and ingenuity.
I don’t know how many times I’ve turned to Twitter and Facebook to commiserate and celebrate, bounce ideas off of friends, colleagues and other entrepreneurs, and just connect with the wider world outside my office.
The most interesting people to me are entrepreneurs. As someone who’s owned my own business for over a decade, I am always so inspired by people who are building things.
