I've heard people say South Africans are arrogant, that they act no differently from their colonial masters. That needs to change. It's in your business interest as an entrepreneur to form meaningful partnerships. That's how you do well for your shareholders.
My dad is in Mississippi. He exited the Navy and made a ton of money as an entrepreneur.
If a founder has passion and innovation, he needs to be supported. I am more intuitive than a numbers person, and I recognise that not all investments are going to be positive. Some may fail, and some may have problems for other reasons. That is life.
Venture-backed startups with billion dollar market caps are called 'unicorns' because they are supposed to be rare mythical creatures that few entrepreneurs will ever ride.
If you choose to become a smoker, you are an idiot, and you may lack the discipline and intelligence to be a successful entrepreneur.
It's the combination: big idea with a good entrepreneur: there's nothing more powerful.
Entrepreneurs are more likely to be successful if they're able to be present while pitching their ideas. It's about maintaining presence during big challenges - very high stakes moments with some component of social judgment. Everyone has them, whether they're entrepreneurs or not.
Our efforts in Congress should focus on what we can agree on: investing in the success of local entrepreneurs to create jobs, helping hard-working families get ahead and reducing our spiraling debt.
The stereotypical successful entrepreneur is Mark Zuckerberg - the young college dropout who dreamed up a crazy idea while in his dorm room.
While most philanthropists tend to flock together and build their teams around friends, family, or others who happen to be retired or with a lot of free time on their hands, a great entrepreneur knows that success is directly related to the quality and talents of their team.
I have this ratio that if you divide age of entrepreneur by market cap of company. For Facebook it's one. Every year of his life Zuckerberg has been making $1 billion for investors.
If you ever hope to get ahead as an entrepreneur, the answer is not becoming an effective juggler, but in understanding and designing the systems to keep your team, not you, busy, busy, busy.
A good idea is not enough. It must be the fit of a particular idea for a particular entrepreneur and, ideally, unfair advantages in why said particular entrepreneur is going to address said particular idea.
It's gotten more open and easy to create a business on the Internet. That's a really awesome thing for entrepreneurs and for the world.
The success of the young entrepreneur will be the key to India's transformation in the new millennium.
I think America is a hard nut to crack. But once you get a toehold, it's a great place for an entrepreneur because people are so enthusiastic, and you have the most enthusiastic audiences in world.
If you get into entrepreneurshi p driven by profit, you are a lot more likely to fail. The entrepreneurs who succeed usually want to make a difference to people’s lives, not just their own bank balances. The desire to change things for the better is the motivation for taking risks and pursuing seemingly impossible business ideas.
Many entrepreneurs have shifted their focus to pursuing VC funding as a primary strategic priority instead of concentrating on generating value for their users. This is worrisome because raising capital alone is misleading as a benchmark for success.
There's no seminar in the world that will give you multi million-dollar advice on building a business from scratch!
Yes, we can do business in Nepal and still succeed. That is what I proved.
There are a number of traits that combine to create entrepreneurial potential. We find that openness coordinates very well with successful entrepreneurs. The more open-minded you are, the more you see the world as it actually is. The more closed-minded, the more you see the world as you want it to be.
My advice to fledgling entrepreneurs is always the same: build a company that you plan to be with for the next 10 years - that is the best way to increase your chances of success.
I'm saying there's plenty of money out there for great consumer entrepreneurs with great consumer products attacking really big markets.
Student loan debt is the reason I don't advise students who want to become entrepreneurs to apply to elite, expensive colleges. They can be as successful if they go to a relatively inexpensive public college.
The more activity around Chicago-based companies, and the more success that entrepreneurs have in Chicago, the better we as venture capitalists in Chicago will do.
