Top Highlights

• Out of the remaining two ventures that do manage to get start-up money (often called "seed capital"), the odds are 90 percent that they will fail despite any amount of funding they may receive.
• The basic idea behind Strategic Entrepreneurism is to refocus your goal. Instead of trying to become the one dominant company in your market, Strategic Entrepreneurism says that you want to be the one company that a larger and more dominant company wants to acquire.
• First, you must rely on far less investment capital to guard against dilution. The more money you accept to start up your company, the more you'll have to pay back to these initial investors before you can make any money yourself.Second, you must build your company's products so that they can be seamlessly integrated with a potential acquirer in mi...
• decisions to control their own destiny. A true entrepreneur isn't someone motivated solely by money or power, but by the desire to make a difference.
• Entrepreneurs usually succeed as part of a team of entrepreneurs.