A very interesting article…
HBS Working Knowledge: Entrepreneurship: A Litmus Test for Entrepreneurs: ”
A few years ago anyone could become an entrepreneur. All you needed was a half-baked idea and a phone to hear offers from salivating venture capitalists. Now the environment is much more difficult. Question: Do you have what it takes to be an entrepreneur in this new era?
HBS professor Walter Kuemmerle, who has studied more than fifty start-ups in twenty countries, says entrepreneurs today should take a litmus test of five questions (See Close-Up). In this excerpt from Harvard Business Review, Kuemmerle discusses two of the questions: Do you have the patience to start small? Are you a closer?”