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5 ways entrepreneurs minimize risk blog post image

5 Ways Entrepreneurs Minimize Risk

5 ways entrepreneurs minimize risk blog post image

Contrary to conventional thinking, entrepreneurs are NOT risk lovers. They are outstanding risk managers. See five ways entrepreneurs minimize risk.

It’s National Entrepreneurship Week. Many people don’t know it, but historically, it’s small business – not large companies – that creates jobs. Of every three net new jobs created, two of them are created by small businesses. They are the engine of the economy.

We saw a great article over at Bloomberg by innovation consultants Michael Maddock and Raphael Louis Viton. They note a new phenomenon: Large companies are hiring professors to teach them how to innovate. The authors assert that it’s misguided:

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