Baby boomers – start your entrepreneurial life

According to a recent study, for the past 10 years, adults aged 55 to 64 have been the group most likely to start a new business. The study was conducted by the Ewing Marion Kauffman Foundation which promotes entrepreneurship. And now that baby boomers are reaching retirement age, the trend is only going to grow. People are living longer and […]

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Confidence and the entrepreneur

Research on overconfidence suggests that excess levels of confidence can create self perceptions of invulnerability (Camerer & Lovallo, 1999; Hayward & Hambrick, 1997; Malmendier & Tate, 2005) which result in lower levels of effort on some tasks. Hubris theorists argue that when entrepreneurs and managers are overconfident they suffer from biases in making decisions about which courses of action to […]

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Man-Up, Fix It, or Go Home

It’s not that I hate the word “turnaround”. I don’t particularly like it either. It suggests that you’ve made a bad mistake! Who wants to make mistakes… right? Imagine you’re driving on the highway to a party, it’s late, your wife’s been on your case since you left the house 2 hours ago… “We’re going to be late… we’re ALWAYS […]

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