If the results of a new survey from Junior Achievement are correct, the youth of today may be losing hope in entrepreneurship as a career path.  From Independent Street:

A poll released yesterday by Junior Achievement USA, a Colorado Springs, Colo., organization that hosts after-school programs for youth, found that fewer teens surveyed were interested in eventually starting their own businesses than just a year earlier. It found 60% of the 712 1...

As an entrepreneur, I often find myself defending venture capitalists. For some reason, they have acquired a terrible reputation. During downturns, I often hear first time entrepreneurs complaining that VCs are sheep: “like everyone else they get frightened and run for the exits.” There is some truth to the charge as illustrated by the number of me-toos that typically get funded when market conditions are good. However, the reality is much more ...

First off, I’m going to dig myself into a hole and dive to the bottom of it: I don’t know all that much about small business.

I’m an independent consultant, so technically I run my own small business. But I’m under no illusions: My primary expertise has been helping big (huge, even) companies figure out what to do with online community and social media (which covers everything from e-mail listservs, discussion forums, blogs, profiles, and new stu...

Fred Wilson’s post amplifying Jeff Nolan’s post about the “broken” VC model says about venture capital investing what I was trying to say about angel investing at Ignite Boulder. Both made the point far more eloquently than I did, even though I was given five minutes. My point at Ignite was that most (the vast majority) of angel investors will never make any money by doing it. It’s hard (and takes alot of work) to be in that group of 10-20% of a...