Article ID Journal Published Year Pages File Type
1014494 Business Horizons 2008 7 Pages PDF
Abstract

Entrepreneurs are, by definition, pioneers in that they innovate new products/services, create new processes, open new markets, or organize new industries. Dramatic changes in the global environment suggest that successful entrepreneurs must master three key strategies: (1) develop a clear vision; (2) manage cash creatively, or learn to “bootstrap”; and (3) be able to persuade others to commit to the venture using social skills. This article discusses pioneering strategies and offers guidance on how to implement these.

Related Topics
Social Sciences and Humanities Business, Management and Accounting Business and International Management
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