How Great Entrepreneurs Think

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Is there a difference between the attitude of CEOs and entrepreneurs? Saras Sasvarathy from the University of Virginia‘s Darden School of Business has determened how Great Entrepreneurs Think. She made a selection of 245 US entrepreneurs who have started several companies of which at least one went public. Master entrepreneurs rely on effectual reasoning, they also are good improvisers. They constantly assis their personal strengths and the resources they need and develop goals on the fly, creatively adapting to changing circumstances. They make the situation always optimal for their purposes. CEOs in contrast, tend to shop, mix and match and find the most efficient, cost-effective manner possible to reach their set goals. These goals are broader and may shift. Entrepreneurs in the study had no written business plans in 60% of the startups and only 12% had done market research.

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About joostboers

My passion? Being independent of other people's decisions. I'm horrified with what happens to pensions, or to see that people at relatively are put aside the economy because they simply are too old... at the age of 45+. Do you want to escape this threadmill too? Take action. You can do it.
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