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en·tre·pre·neur –noun Entrepreneur, translated from its French roots, means "one who undertakes." The term Entrepreneur is used to refer to anyone who undertakes the organization and management of an enterprise involving independence and risk as well as the opportunity for profit.
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Old 11-05-2004, 11:17 AM   #1 (permalink)
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An Idea

Here's an idea unrealstic or not. Theres people here with the smarts and the ideas why not gather our resouces and channel it towards one or two companies that we feel fit to own and run. It may sound moronic cause of the clashs in ideas etc..but think about it.
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Old 11-05-2004, 11:32 AM   #2 (permalink)
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You mean start a huge company with all these young minds? Could prove chaotic - no no, it WILL prove chaotic

Good in theory though
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Old 11-05-2004, 11:57 AM   #3 (permalink)
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Leads to one of my favorite quotes:

"In theory, practice is the same as theory. In practice, it isn't."

-Author Unknown

P.S. If you know the author, please let me know.
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Old 11-05-2004, 12:12 PM   #4 (permalink)
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A whole company created by entrepeneurs? Ack!

I actually could see this working....... IF everyone could agree on one idea. Is that possible with a bunch of entrepeneurs?

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Old 11-05-2004, 01:55 PM   #5 (permalink)
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I definitely think that Virtual Corporations are the wave of the future. I have employees for my websites that I've never even met. Its difficult but not impossible to collaborate in this fashion.

The problem will be how will the profits be split up, etc.

Keeping track of who invests what into the company will be a
B!tch
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Old 11-05-2004, 02:10 PM   #6 (permalink)
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One word: Accounting

Accounting is the language of business. Know it, love it, master it.
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Old 11-05-2004, 02:39 PM   #7 (permalink)
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teastman - great site!

I've actually thought of this a hundred times - as I have thought about having my entire family go into business together using our different skill sets - the bottom line is when you involve too many people during conception, everyone feels entitled to 50% or more of the profits - and 100 people x 50%, it just doesn't work out.
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Old 11-05-2004, 03:39 PM   #8 (permalink)
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Thanks Eric!

Here's an idea. What if several of us meet at a certain time on a IM program and brainstorm ideas to help each others businesses. There are probably things we could help each other out with. Instead of trying to get to everybody's we could focus on one or two businesses a night. The only thing you need to do for compensation is participate in helping other members out.

Just an idea.
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Old 11-05-2004, 06:49 PM   #9 (permalink)
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That is a good idea, thought whats wrong with this message board? I uslly get my question answered in about 10 minutes. Interestingly enough that is still the situation at 5am in the morning, guess I am not the only insomniac around lol.

But ya thats an interesting idea, basically having an online conference.
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