The Entrepreneur, Co-Authored by Kalsoom Lakhani
An idea is not a startup. Inspiration is not a startup. Pitching an idea is not a startup. There’s little risk and accountability in idea dealing. Entrepreneurship involves tangible tradeoffs, meaningful sacrifice, resource constraints, and discernible action. Real stuff. Too often entrepreneurship and its players are glamorized; highlighting only the few one who made it big as opposed to the typical 24/7 blood, sweat, and tears that goes into scaling any new venture.
The statistics are sobering. 50% of small businesses fail in the first year and 80% fail in the first five years. In the good economy, not only must an entrepreneur succeed in simply creating a profitable venture but they must also demonstrate their social impact or value add to society. This raises the stakes even higher.
Entrepreneurship is as much as an art as it is a science, process, religion, tool, form, or function. To help navigate “The Entrepreneur” space in the good economy, we’ve assembled a working list of resources below to help you succeed. We don’t claim to know it all so please pay it forward and comment with your input so that we can effectively grow the good economy together.
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