I went to Wharton and spoke to some of their MBAs about Entrepreneurship and thought you guys might like the video of it :-)
18 minutes and 40 seconds on the following four topics:
- Is quitting your job and starting a business right for you?
- How to come up with a good business idea
- How to make money without investing a lot into the business or putting your own money at risk (without raising outside money)
- The best advice I have for making the business a success faster
Hope you like it!
Good post, thanks ;) In your opinion Which are the best speech for business or Entrepreneurship ? In addition to the most common : Steve jobs at Stanford and Alibaba CEO
@alessioto I actually don't have any great speeches to recommend. But if you are interested in entrepreneurship I really can't recommend The Four Hour Workweek highly enough. Running Lean is also fantastic.
Nice one. I have 4 hour work week on my book shelf, its pretty chunky, but will definitely take some time out to read it.
I can't recommend it highly enough. Literally changed my life. For the better ;-)
Fastlane Millionaire is a great book on entrepreneurship
I know first hand that half the stuff he said was bullshit.
First of all, I would take taking shit from a boss than making my own schedule 9 times out of 10. When you have to regulate yourself, you gotta delegate tasks to yourself, you have to deem what's important, and most importantly, you have the accountability of the entire business on yourself. One missed judgment call and it's all on you. Guess what? There's is a LOT of stress, especially in the beginning stages of your business. If you have the tenacity to give yourself tasks and then actually do those tasks, then good for you. But you have to consider employees as well.
Second, there is no way at all to start a business without using your own money. Everything in this world needs money to make money, no getting out of it. There is no way in hell you are going to someone and saying "hey, I have this idea and I have zero experience and I think it works, can you give me money so I can do it? You get 50% of the profits!" Unless you have tried and true experience in the industry you are going into or you have a SOLID reputation, then no ones giving you shit.
However, he is right in you have to understand the customer, but it's moreso you have you understand the industry. Something like reputation management, everyone has the same problem and needs. Remove negative things off the Internet and promote the positives. But when selling, you have to touch on "selling points", or what the client is most sensitive to and that is what seals the deal.
So yeah, a lot of this stuff is flowery. A good entry to business is internet marketing. Little cost to startup and how much you make is dependent on how much you work. Not to mention IM has insane relevancy to almost every single business in the world.
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