Just came across this article and found quite interesting.
http://knowledge.wharton.upenn.edu/article.cfm?articleid=1623&CFID=2567255&CFTOKEN=90452463
Following are the takeaways for me.
- Entrepreneurs not only take risk, but also manage it well.
- There are no special qualities they posses. Its the drive and passion to take on makes them one.
- Check out how much you got to lose if you start something on your own. Its better to have as low liabilities as possible.
- Follow the KISS - Keep It Simple Stupid principle. No fancy GUI without value addition.
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