Thursday, October 3, 2019

Are You Absolutely Sure You are Ready to Start a Business?


As you know from my blogs, I read a lot of business magazines.  The October 1, 2019 Fortune magazine ran several articles about entrepreneurship.  It is a very good read.  And I will highlight a couple of the individuals profiled.

The first one is Mir Imran.  He is from India.  He is an engineer by training, but he has a very keen business sense.  You will find his effort to get a better education impressive and the sacrifices he made to achieve the degree he earned.  Equally interesting are his comments about closing a couple of his businesses and how he had to stretch his skill sets. 

However, among the most important tidbits I learned was when he freely admitted that his second business failed because he did not do a business plan or understand how much funding he would need.

You will enjoy his “Best Advice” piece. 

Title of the article: “How This 20-Time Founder With Hundreds of Patents Got His Start”


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