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‘Entrepreneur’ Has Become a Buzzword. Let’s Reclaim It

Posted on Nov 14, 2013 in Book Coverage, Interviews and Media Quotes, Miscellaneous blogs

Originally posted in Inc. on November 14, 2013 Daniel Isenberg says entrepreneurship has become a fad. His book, Worthless, Impossible, and Stupid, seeks to dispel the modern myths that surround the word. Worthless. Impossible. Stupid. Safe to say those are three words aspiring entrepreneurs probably doesn’t want to hear assigned to their idea, right? Wrong, says Daniel Isenberg. The author of the aptly-titled book Worthless, Impossible, and Stupid argues that anything entrepreneurial–truly entrepreneurial–shouldn’t be perceived as valuable, feasible, or smart. That’s because entrepreneurism, rather than referring to anybody who starts a business, is all about seeing value where nobody else does, he says. Entrepreneurship is contrarian. Isenberg is the founding director of the Babson Entrepreneurship Ecosystem Project and a former professor at Harvard Business School. His book was published earlier this year, and he took some time to speak with Inc. about it. Inc.: Nobody wants to hear about...

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Tips on Starting a Business

Posted on Nov 7, 2013 in Audio, Book Coverage, Interviews and Media Quotes, Miscellaneous blogs, Videos and Radio

Originally published on WCAI’s The Point, November 7, 2013 Entrepreneurship, the creation and capture of value, fuels the growth of regions and nations, brings innovative products and services to the market, and plays a key role in economies and societies world wide. On The Point, we get a couple of perspectives on this topic.Daniel Isenberg, founding executive director of the Babson Entrepreneurship Ecosystem Project and Adjunct Professor at Columbia Business School, shares his thoughts with Mindy Todd on why some ideas fail as start-ups while other seemingly worthless ideas succeed.  He is the author of Worthless, Impossible and Stupid: How Contrarian Entrepreneurs Create and Capture Extraordinary Value.   Also, Mitchell Weiss, professor of finance at University of Hartford Barney School of Business, joins us to discuss the financial nuts and bolts to starting and running your own business including when and how to secure venture capital....

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Worthless, impossible and stupid: the entrepreneur’s way

Posted on Oct 25, 2013 in Book Coverage, Miscellaneous blogs

Originally published in Venture Burn on October 25, 2013 “If everyone tells you it is a good idea, run the other way,” Jay Rogers, Local Motors. Here in the second part of our epic review of the book by Daniel Isenberg, Worthless, Impossible and Stupid, we take a look at crazy ideas and staying away from crowds. The book, Worthless, Impossible and Stupid, is broken into four parts and in the next few weeks I will be publishing some insights from each part. The book takes the reader on a fascinating journey around the globe with some of the world’s most successful entrepreneurs. Their successes are explained in conversation with Isenberg, each laced with key lessons for budding entrepreneurs. When it comes to starting a business, the temptation is to go for what is popular right now and what the crowd loves. Isenberg...

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The Pitfalls (and Upsides) of Partnering with Entrepreneurs

Posted on Oct 18, 2013 in Authored, Harvard Business Review, Print

Originally published in Harvard Business Review on October 18, 2013 To en·gage  ( n-g j ): To pledge or promise, especially to marry; to draw into; to involve; to enter into conflict with Corporate executives are exhorted daily by well-meaning public leaders that they should support their local entrepreneurs in order to be good corporate citizens and to bolster local economies. But engagement with entrepreneurs is not a question of conscience or moral imperative; it is a question of strategic self-interest. As any experienced corporate leader knows, engaging entrepreneurs has potentially the same spectrum of pleasure and pain reflected in the formal definition, from the prospect of inextricable involvement including conflict, to the promise of partnership, to the happy possibility of union in blissful corporate matrimony and acquisition. Let’s start with the pitfalls, because these are often ignored or discounted in...

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Entrepreneurs Are Contrarians Who See Opportunities Others Call ‘Worthless, Impossible and Stupid’

Posted on Oct 15, 2013 in Book Coverage, Miscellaneous blogs

Originally published on on October 15, 2013 2 Reasons To Read Worthless, Impossible and Stupid: Busts the myths that to be an entrepreneur you need to be innovative, young, or an expert Tells new, unique stories of entrepreneurship you’ve never heard before Background of Author Daniel Isenberg Author Daniel Isenberg is a Professor of Entrepreneurship Practice at Babson Executive and Enterprise Education and the founding Executive Director of the Babson Entrepreneurship Ecosystem Project (BEEP). He has 11 years teaching at Harvard Business School, Columbia, Technion, INSEAD and Reykjavik. He has a combined thirty-one years experience as an entrepreneur, consultant, entrepreneurship educator, venture capitalist, policy advisor, and angel investor. He was recently an adviser to the White House on starting up StartUp America. Daniel Isenberg has a very unique definition of entrepreneurship that he uses as the basis for the...

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