A Quote by Vivek Wadhwa

The IPO is no exit for the entrepreneur; it's the start of purgatory. — © Vivek Wadhwa
The IPO is no exit for the entrepreneur; it's the start of purgatory.
You have to live in Silicon Valley and hear the horror stories. You go and hang out at the cafes, and you meet entrepreneur after entrepreneur who's struggling, basically - who's had a visa problem who wants to start a company, but they can't start companies.
To be a designer today is to be an entrepreneur. Whether you're a two-man operation in Shoreditch or a 3,000-person, vertically integrated brand, you need to have the wherewithal to run your business through investment, considering everything from start-up funds to your exit plan or what it takes to go public.
Tech companies have a finite lifespan: For the successful ones, an IPO or exit is never more than a few years off. But by recruiting locally and developing homegrown talent, companies can build something that remains after they're gone. People, skills and a culture of innovation persist.
Always start at the end before you begin. Professional investors always have an exit strategy before they invest. Knowing your exit strategy is an important investment fundamental.
The same fire" (which he decides to be material) " torments the damned in hell and the just in purgatory...The least pain in purgatory exceeds the greatest in this life.
Entrepreneurship works on the apprenticeship model. The best way to learn how to be an entrepreneur is to start a company and seek the advice of a successful entrepreneur in the area in which you are interested. Or work at a startup for a few years to learn the ropes.
You follow a passion, a dream, a belief, a vision, and before you know it, you are an entrepreneur. Once though, when you start to understand what this means, and what the possibilities are, the accidents then stop, and you become a forever obsessed entrepreneur that doesn't rest, and never stops trying to push the envelope.
I think God's wrath and purgatory are the only things keeping me on the straight and narrow. I like the idea of purgatory. It's like a cosmic do-over.
I think Gods wrath and purgatory are the only things keeping me on the straight and narrow. I like the idea of purgatory. Its like a cosmic do-over.
Seeking an acquisition from the start is more than just bad advice for an entrepreneur. For the entrepreneur it leads to short term tactical decisions rather than company-building decisions and in my view often reduces the probability of success.
Solve a real problem. You don't start a company because you want to be an entrepreneur or the fame and glory that comes along with it. You become an entrepreneur to solve a real problem.
You can be entrepreneurial even if you don’t want to be in business. You can be a social entrepreneur focused on the not-for-profit sector. You can be an agriculture entrepreneur if you want to change how people think about farming. You can be a policy entrepreneur if you want to go into government. The idea of an entrepreneur is really thinking out of the box and taking risks and stepping up to major challenges.
While we would typically encourage young people to start saving for the future as early as possible, it's unlikely that a budding entrepreneur will be able to do so. The entrepreneur will need every bit of capital available for the business, which will likely crowd out personal savings.
You don't start a company because you want to be an entrepreneur or the fame and glory that comes along with it. You become an entrepreneur, and you create a company to solve a real problem. And by real problem, I mean a problem that is going to exist down the line.
The most important job of the entrepreneur begins before there is a business or employees. The job of an entrepreneur is to design a business that can grow, employ many people, add value to its customers, be a responsible corporate citizen, bring prosperity to all those that work on the business, be charitable, and eventually no longer need the entrepreneur. Before there is a business, a successful entrepreneur is designing this type of business in his or her mind's eye. According my rich dad, this is the job of a true entrepreneur.
Do you know what it's like to run spellcheck for six hours? It's like a party in purgatory. A party in purgatory where all they have to drink is sugar-free Kool-aid, and the only game to play is Monopoly, and none of your friends show up.
This site uses cookies to ensure you get the best experience. More info...
Got it!