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Lessons of Successful Entrepreneurs

The best way to become an entrepreneur is to jump into the water and get your feet wet, said several successful businessmen at the Harvard Business School Entrepreneurship Conference.

Successful businessmen told a roomful of students that ultimately, the world outside the classroom will be their best teacher in entrepreneurship.

"If you are taking an entrepreneurship class, you want to be a venture capitalist," said Andrew J. "Flip" Filipowski, chairman and CEO of Silk Road Technologies. For the true entrepreneur, he continued, reality is the superior teacher; and school is an excuse to delay failure.

Although their topic was "Post Boom Internet Opportunities," panelists spent most of the time at the 2005 Entrepreneurship Conference, held March 3rd at Harvard Business School, discussing their successes and failures as entrepreneurs.

The common themes: Jump in, take risks, challenge yourself, trust your instincts, and learn from both experience and the experienced.

by Sean Silverthorne, Editor, HBS Working Knowledge

Full Story: http://hbswk.hbs.edu/item.jhtml?id=4704&t=entrepreneurship

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