Comments on: What Makes An Entrepreneur Tick?

By: David

David — Wed, 01 Oct 2008 22:35:41 +0000

Entrepreneurs, particularly start-ups, when budgeting for their business often focus on the amount that is absolutely necessary to start their business without accounting for working capital or cash for contingencies. This is dangerous because lack of working capital can mean the death knell for the business.

On the other hand, some entrepreneurs, again start-ups, drastically overestimate their costs. This will make lenders not only question the entrepreneurs’ assumptions, but also question whether they know what they are doing.

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By: Camping Tents

Camping Tents — Sun, 20 Apr 2008 13:25:27 +0000

Great post yet again.

In general entrepreneurs have a goal and do everything they can to achieve it even when others doubt them.

I believe the most important thing is to have a plan and stick to it.

By: Manchild

Manchild — Sun, 20 Apr 2008 04:49:17 +0000

Hello Marenda,

How true! How true! "Dare to be different" is something I say when the skeptics, cynics, and pessimists show up to remind myself of something the wise never forget.

"If you want something you've never had, you must do something you've never done."

A great book to read to inspire emerging entrepreneurs to think "before" they leap is You're The Boss by Joe Robinson.

Thank you for sharing such invaluable, insightful, and informative post!

Manchild