Sunday, January 22, 2012

Six Lessons in Entrepreneurship

EntrepreneurBlogs1As much as we all strive to build sustainable and stand-alone companies, we?re living in a period of massive transformation and thus, consolidation and acquisition. As a result, many entrepreneurs build their businesses with potential acquirers in mind, choosing to grow at any cost instead of actually building a sustainable business that is solvent and profitable. GRP VC Mark Suster (and occasional Techcrunch contributor) published an article on this theme recently. The very short version of the post is: ?Most companies (98+%) in the world (even tech startups) should be very profit focused. Being profitable allows you degrees of freedom you don?t have when you rely upon other people?s money.?

Source: http://feedproxy.google.com/~r/Techcrunch/~3/htV3-YDjkKs/

INTERNATIONAL GAME TECHNOLOGY INTERNATIONAL BUSINESS MACHINES (IBM) INTERDIGITAL COMMUNICATIONS INTEL INSIGHT ENTERPRISES

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