The entrepreneurial ego is an interesting thing. Chances are you have a decent-sized ego, or you would not have started your business. It takes a significant amount of self-confidence to be a founder and assume the risk, responsibility and challenges required to build a successful business of any consequence. In this regard, a healthy ego provides a important advantage in business.
While relying on your ego in the early growth stages of your business may be critical, at some point, an entrepreneur is well served to rely more on evidence than ego. I submit the following examples I've encountered over the past few weeks as we're in various stages of closing transactions (or not) to sell business at very fair (or better) valuations that will make their founders wealthy.
I'm currently helping a very successful entrepreneur identify companies that will help con...(register to read more)
- Why Small Business Loans Don't Work for "Real" Small Business Owners
- Exit Planning To Avoid Adult Children Owners
- How Ben Bernanke's Economic Exit Plan Will Impact Your Business Loans This Summer
- What is the Size of the Company That Will Buy Yours...?
- Is One Key Employee Worth $500,000 When Selling Your Business?