the.com/entrepreneurship
Jumping off a cliff and assembling the parachute on the way down.
means The practice of organizing and running a business venture, taking on financial risk in the hope of profit — turning an idea into an operating enterprise.
from From French 'entreprendre,' meaning 'to undertake,' built from 'entre' (between) and 'prendre' (to take or grasp). The word 'entrepreneur' entered English in the early 1800s, borrowed largely through economic writing that needed a term for the risk-taking organizer of production — someone who takes something on. 'Entrepreneurship' is the later English abstraction, tacking on '-ship' to name the state or practice itself, rather than the person.
- failure rate
- most startups die within five years
- myth
- risk-loving, not risk-blind, is the real trait
- funding reality
- most ventures bootstrap, VC money is the exception
- true job
- selling before the product even exists