Entrepreneurs Must Embrace Lady Luck: Luke Johnson

Luke Johnson keeps providing thoughtful material which I share here in case you didn’t read him in the Financial Times: One of the reasons business is so fascinating is that success is unpredictable. So many apparent negatives can be turned into positives. There are winners who have overcome dyslexia, a stammer, a lack of academic qualifications, or being fired. A common complaint from would-be entrepreneurs is the lack of finance to start a business. But an inability to raise funding can eventually become a bonus. Founders who keep their shares do not suffer early equity dilution. If the business works, they […]

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Tips For Getting A New Business Off The Ground by Luke Johnson

Over the weekend, in The Week, I read these start-up tips by Luke Johnson which were originally published in the Wall Street Journal Europe.   Luke Johnson, chairman of private equity house Risk Capital Partners, has made a success of businesses as varied as Pizza Express, bingo and dentistry. Here are Luke’s tips if you are contemplating going into business for yourself: Consider moonlighting or going part-time. A steady income to cover personal overheads can be a life-saver while you develop your concept. Do what you know. Don’t plunge into a new sector without doing extensive homework. If you start up in […]

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