A Quote by Peter Drucker
Entrepreneurship is “risky” mainly because so few of the so-called entrepreneurs know what they are doing.
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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.
Our experience is that most entrepreneurs are able to attract debt, even for risky and early stage investments. There are investors who provide debt, but very few who fund through equity.
Rather, risk is a perception in each investor's mind that results from analysis of the probability and amount of potential loss from an investment. If an exploratory oil well proves to be a dry hole, it is called risky. If a bond defaults or a stock plunges in price, they are called risky. But if the well is a gusher, the bond matures on schedule, and the stock rallies strongly, can we say they weren't risky when the investment after it is concluded than was known when it was made.
I advise all of the entrepreneurs that I know to attend at least one entrepreneurship event every week. The worst thing an entrepreneur can do is to confine his or herself to a cubby hole.
I got into acting in high school mainly because I wasn't doing anything else and started to hit a few bumps in the road. And there was a conference with my parents who said either you find something to do with your time or we will. And so, I don't know why I thought this was the thing to do, but I went to audition for the school play.
Only the few times I've been to so-called treatment centers, which were a complete waste of money and useless. I didn't know what I was doing at the time, because I was always drunk when I checked in.
What is great about entrepreneurship is that entrepreneurs create the tangible from the intangible.
Entrepreneurship, entrepreneurship, entrepreneurship. It drives everything: Job creation, poverty alleviation, innovation.
If I wasn't doing this kind of exploration, I'd like to be doing some other kind of exploration. It might be more risky, or less risky, but, in the business of exploration, risk is part of the territory.
In general, the more entrepreneurs we have, the better off we will be because the economy is driven by small businesses and creative ideas... I'm really excited about what the future holds for women entrepreneurship and to be a small part of that by helping Kim Kardashian and Jessica Alba start their businesses.
I came to Washington primarily to meet other entrepreneurs. That being said, I was also curious to hear how our federal government was thinking about entrepreneurship.
Entrepreneurial education in grades K-12, if it exists at all, still focuses on teaching potential entrepreneurs small business entrepreneurship - the equivalent of 'how to run a lemonade stand.'
I will never forget that the only reason I'm standing here today is because somebody, somewhere stood up for me when it was risky. Stood up when it was hard. Stood up when it wasn't popular. And because that somebody stood up, a few more stood up. And then a few thousand stood up. And then a few million stood up. And standing up, with courage and clear purpose, they somehow managed to change the world.
Unlike what most people think, entrepreneurs are not special people who know how to do special things that others don't. Entrepreneurs can be made, because we're all born with the potential - that special human quality - to create.
I was asked if I would play President Obama in 'My Name is Khan.' I didn't feel comfortable with doing it. Partly because he was still in office, but mainly because I felt that there were other people who were better suited to doing the role.
Playing President Clinton (in Primary Colors) was risky and challenging. Some people thought Saturday Night Fever was risky, because no one had danced in movies for years.
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