Wednesday, November 07, 2007

"There are three sets of issues that one must consider when thinking about how to become an entrepreneur, particularly if you are born into a middle-class family of professionals (one or more of your parents work for a large company).

The first involves getting started, leaving a safe job or career prospects and jumping into the entrepreneurial fray.

The second issue has to do with maintaining and building a viable business, successfully scaling up so that one has not just managed to 'survive' but also to grow the business and create great value for investors.

Finally, there's the issue of knowing when to move on, either by selling the business or handing over to someone who can bring new energy, skills and ideas to bear. Let's take each of these issues in turn, and examine some of the things you can do to address them."

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