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Why do many parents discourage their children from becoming entrepreneurs?

Some do! Check out David S. Rose’s answer to Parenting: How should I raise a 12-year-old girl to be a successful entrepreneur?.

*original post can be found on Quora @ http://www.quora.com/David-S-Rose/answers *

What are the main motivating factors for someone to take up entrepreneurship?

A) In a capitalist economy, because they seek to generate an economic return in the form of fungible cash that can support their personal needs and desires.

B) In many cases because they find it fulfilling and a good match for their skill sets, just as artists, dentists, lawyers or competitive athletes finds it fulfilling to go into their respective

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Forget Presidential Politics: Here’s How We Create Jobs — And How You Can Help

As I write this, days after the 2012 presidential election, I’m probably not alone in feeling relieved that the political jeering and soapboxing that reached a feverish pitch during the seemingly endless campaign season has finally subsided.  Yet amidst all the partisan cheerleading and name-calling, there has been some discussion of substance.  One particular four-letter word has been used pervasively

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Founders Learn One Day at a Time Like Everybody Else

I like this a lot. The executive summary:

Dropbox Co-Founder Drew Houston believes false mythologies about tech company founders do a disservice to aspiring entrepreneurs. While many people think all tech founders start with world conquering visions, says Houston, the reality is that founders learn one day at a time just like everyone else.

This less-than-two-minute video comes from Stanford’s

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Sprint Like An Egyptian: A Tech Entrepreneurship Revolution in Alexandria

At the threshold of one of the most recognizable landmarks in human history — the sole survivor among the Seven Wonders of the Ancient World, dating back nearly five thousand years — my entrepreneur host was engaged in heated debate with a rotating phalanx of functionaries.  As our group sweltered in the July heat on the outskirts of Cairo, each

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Market Opportunity From Customer Hostility, Exhibit 802.11: Airline WiFi

Entrepreneurship is often born of founders’ sheer frustration with the status quo.  One class of clear business opportunity, which wouldn’t exist in an ideal world, is created by the service that seemingly makes it as difficult as possible for potential paying customers to make it take their money.  This sort of chronic customer dissatifaction flies in the face of both

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“Bored” of Directors Can Become Clash of Titans

Rhetoric has the power to engage or alienate, to enchant or disaffect.  Perhaps no better example exists than the term “Corporate Governance.”  Even the wonkiest law geeks like me find our eyes glazing over as soon as the term is mentioned.  Yet I’ve rarely seen entrepreneurs more fired up than when recounting war stories of startups whose

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7 Reasons for Entrepreneurs to ‘First Know Thyself’

If you are going to be a real entrepreneur, it’s important that you know yourself well. After all, you won’t have a direct manager charged with giving you feedback, and your team probably will be afraid to tell you what they really think. Entrepreneurs need to recognize their own strengths and limitations.

In any case, your skills, talent, knowledge, personality,

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Copywrong: Brilliant, Disruptive, Illegal Business Plans

Entrepreneurs tend to focus on opportunity rather than risk, and rightly so.  As Steve Blank has written, at its core, a startup is an organization formed to search for a repeatable and scalable business model.  In the lexicon of the lean startup movement, once “product-market fit” has been achieved, the focus shifts to scale and execution as the startup matures

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The Problem with Private Placement Memorandums (PPMs)

The sale of equity in private companies is regulated by the Securities Act of 1933, which requires that the company either register with the SEC or meet one of several exemptions (Reg D).  A Private Placement Memorandum (PPM) is a special business plan defined to meet an SEC exemption.  In most cases, those entrepreneurs choosing to raise capital using PPMs

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