Entrepreneurship is more popular than ever: courses are full, policymakers emphasize new ventures, managers yearn to go off on their own. Would-be founders often misplace their energies, however. Believing in a "big money" model of entrepreneurship, they spend a lot of time trying to attract investors instead of using wits and hustle to get their ideas off the ground. A study of 100 of the 1989 Inc. magazine "500" list of the fastest growing U.S. start-ups attests to the value of bootstrapping. In fact, what it takes to start a business often conflicts with what venture capitalists require. Seven principles are basic for successful start-ups: get operational fast; look for quick, break-even, cash-generating projects; offer high-value products or services that can sustain direct personal selling; don't try to hire the crack team; keep growth in check; focus on cash; and cultivate banks early. Subjects covered include development-stage enterprises, entrepreneurial finance, entrepreneurship, and venture capital.The Featured Tracks are:1. Introduction
2. The Big Play
3. The False Promise
4. The Bottom Line
5. The Manager's Role
6. Sustaining the Hustle
7. Exceptions to the Rule
8. Measuring Risk
9. Recruiting Hustlers
10. The Value of Vision;
11. Amar Bhide's Biography.
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Interesting data collection but hard to follow
I'm not sure I can give a good review because I didn't really follow much of what was said. I liked that he had a methodical approach to interviewing start-up founders but I didn't really get a good feel for what he was suggesting as the take aways.