When Bulgaria's Prime Minister Simeon Saxe-Coburg-Gotha took office nearly two years ago, he was shocked to discover that entrepreneurs had to work their way through 17 government bureaus in order to obtain legal permission to start businesses.
Budding entrepreneurs usually had to fly in a lawyer from San Francisco to draw up the papers.
This week, I attended the MaD Ventures Fellows program in Hong Kong, where 31 young entrepreneurs had opportunities to pitch their startup plans (all with some sort of social impact) and get mentoring from accelerator artists, angel investors and startup evangelists.
This week, I attended the MaD Ventures Fellows program in Hong Kong, where 31 young entrepreneurs had opportunities to pitch their startup plans (most with some sort of social impact) and get mentoring from accelerator artists, angel investors and startup evangelists.
Both of us had been exposed to entrepreneurs who had great ideas and thought all they had to do was raise some money and grow like crazy.
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Entrepreneurs have always had to scrape, improvise and cut corners.
Wurwand generously attributes much of her success to fellow women entrepreneurs who scraped together what little they had to open their own salons selling her products, often to make better lives for their children.
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They also had access to 12 participating entrepreneurs to discuss issues such as sales and marketing and founder problems.
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He had staked entrepreneurs, upstarts and predators to capital that they never would have seen from the old Wall Street.
It was similar to the way entrepreneurs I had worked with functioned.
It also felt like home because of the vast Indian American community of engineers, entrepreneurs and other professionals who had been drawn to this center of creativity and innovation.
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The Heinbockels, as serial entrepreneurs, had a fairly complicated return, that led to a complicated audit that resulted in a rather lengthy opinion.
Simply put, he found that entrepreneurs who had actually achieved success were much more willing to expose vulnerabilities and ask for help than those with the most bravado who were still trying to prove themselves.
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By the end of 2009, it had more than 45, 000 entrepreneurs were selling products to 3 million consumers in 100, 000 villages.
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When Seedfund got started in India, few entrepreneurs had experience forming companies, nor did they know where to turn for advice, Gandhi said.
"One of the young entrepreneurs, a lady, dared to say that she had probably put her business ahead of her son, and the sharp intake of breath from all of the girls was audible, " she said.
On the back of lending to budding entrepreneurs like Mr Chrek Heang, ACLEDA had the largest retail-bank network in the country within ten years of its launch.
After being hermit-like for six weeks, we ended up visiting one of our fellow Y Combinator entrepreneurs, Robby Walker, to pick up some stuff we had forgotten in Boston that he brought back for us.
While there, Hason had an opportunity to observe the relationship between venture capitalists and entrepreneurs.
None of these legendary entrepreneurs took the standard path to getting ahead in business--they had original ideas, a do-it-yourself spirit, and the desire to succeed.
As a result, we spent a lot of time and resources to ensure that we identified and worked with entrepreneurs that not only had sound and scalable business ideas, but equally as important, that they had social and community responsibility built in as a core principle of their business model.
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One of our most striking findings was that of the entrepreneurs we surveyed who had a successful exit (that is, an IPO or sale to another firm), about 70% did NOT start with a business plan.
Rand's heroes were a different breed: the businessmen and entrepreneurs who felt the future in their bones and would not rest until they had brought it to life.
Overnight Perry Piscione had to learn a new language and adapt to the lifestyle of the West Coast entrepreneurs she found so inspiring.
Smart entrepreneurs will always figure out ways to refine and sell products and services that people thought either had no market or had peaked out.
After my recent column "Three Big Mistakes Entrepreneurs Make When Starting Businesses" appeared, I received tons of e-mails asking how I had decided how to position my firm and what services to offer.
Cofounder George Church, a Harvard professor who is separately running a DNA sequencing effort, says he started the company after people had approached him saying they would pay great sums to learn their entire DNA. He joined with entrepreneurs Jorge Conde and Sundar Subramaniam.
While many European entrepreneurs bemoan the lack of support from their respective governments, it seems that those in Spain may have had more substance to their grievances.
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