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.
- How do great entrepreneurs think? (marginalrevolution.com)
- What does it take to be a successful entrepreneur? [Ann Andrews CSP] (ecademy.com)
- Study finds VC bias against female entrepreneurs (holykaw.alltop.com)
- Thinking of Being an Entrepreneur? (philgerbyshak.com)
- Managing Risk is the Essence of an Entrepreneur (startupprofessionals.com)
- New Exclusive Clubhouse For Entrepreneurs (video.forbes.com)