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All that money makes novice entrepreneurs do funny things, Hartz says. “That relentless competition coupled with the cash tends to train entrepreneurs to be far
by sparknlaunch12 14y ago
All that money makes novice entrepreneurs
do funny things, Hartz says. “That relentless
competition coupled with the cash tends to
train entrepreneurs to be far more
aggressive and less focused on things like
measurable results,” Hartz says. “There are
some entrepreneurs who can and should be
aggressive, but they possess a certain type
of pattern recognition, an understanding
about what’s really lifting a business.”
The investment game has got tough. Not only do you need to gamble on an uncertain business model, now you have to compete with a growing investor population. With all the noise and vying investment dollars it is not so a bad idea to sit out and hang on to your past investments.
Unfortunately not everyone has the same portfolio as Hartz....