Sunday, July 25, 2004

“To be an entrepreneur, you have to have a lot of guts."

Energy and persistence unite entrepreneurs.

A couple of interesting clips from the article published by Democrat & Chronicle:

• Certainly Harper followed a dream when SHE built an international chain of 500 hair and skin care shops in the early 20th century and pioneered the concept of franchise stores.

• “In big organizations, the more conservative, the more risk-averse point of view is common,” he says. “As that view becomes the dominant motif, people don't want to be a risk taker. The incentive to be more experimental is lost. Those who want to experiment or take risks go to places where it is more favorable.”

• Downsizing at Kodak and Xerox has released some people to pursue their new business ideas as entrepreneurs, Lacagnina says. The corporate cutbacks also have created opportunities for businesses to do work that companies now want to outsource, Navarro says.

To read the entire article, visit:

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