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	Comments on: Entrepreneurs do not easily retire.	</title>
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	<description>Dave Berkus&#039; business insights</description>
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		<title>
		By: Timothy Smith		</title>
		<link>https://berkonomics.com/?p=1829&#038;cpage=1#comment-12953</link>

		<dc:creator><![CDATA[Timothy Smith]]></dc:creator>
		<pubDate>Wed, 30 Oct 2013 16:35:21 +0000</pubDate>
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					<description><![CDATA[This one’s interesting.  In my business I see many former entrepreneurs who have been through a liquidity event, and everyone (including their bankers) assume they have “it”, that since they created a successful startup they will be successful in the next, that they only hit home runs.  Unfortunately, I’ve also seen that deep pockets can keep an unsuccessful business afloat for much longer than it deserves.

How does an entrepreneur put his ego aside and determine whether his financial success was due to his own contribution or due to that right combination of team members with a shared vision and a little luck, which might not be in place in the next venture?]]></description>
			<content:encoded><![CDATA[<p>This one’s interesting.  In my business I see many former entrepreneurs who have been through a liquidity event, and everyone (including their bankers) assume they have “it”, that since they created a successful startup they will be successful in the next, that they only hit home runs.  Unfortunately, I’ve also seen that deep pockets can keep an unsuccessful business afloat for much longer than it deserves.</p>
<p>How does an entrepreneur put his ego aside and determine whether his financial success was due to his own contribution or due to that right combination of team members with a shared vision and a little luck, which might not be in place in the next venture?</p>
]]></content:encoded>
		
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		<title>
		By: Michael Flynn		</title>
		<link>https://berkonomics.com/?p=1829&#038;cpage=1#comment-12952</link>

		<dc:creator><![CDATA[Michael Flynn]]></dc:creator>
		<pubDate>Wed, 30 Oct 2013 16:34:47 +0000</pubDate>
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					<description><![CDATA[A rose is a rose. Thanks for this one,

Michael]]></description>
			<content:encoded><![CDATA[<p>A rose is a rose. Thanks for this one,</p>
<p>Michael</p>
]]></content:encoded>
		
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