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An entrepreneur needs neither a lot of money nor luck.
Factors that must be addressed when planning a new venture include setting realistic
goals, determining milestones, making a commitment, and having flexibility.
Venture capital firms want to own control of the firms in which they invest.
Copyrights have to be registered with the Copyright Office.
Social obligation, social responsibility, and social responsiveness are all ways firms
view their interactions with society.
Pricing procedures are the same for all types of ventures.
A 'gazelle' is a business establishment with at least 20 percent sales growth every year
for five years.
Prepared entrepreneurs who seize opportunities when they arise often appear to be
lucky.
Because of the competition for funding, an entrepreneur's business plan needs to
capture the reader's interest right away by stating the uniqueness of the venture.
