An Entrepreneur s Roadmap By Joseph Picken - 1079 Words

â€Å"From Founder to CEO: An Entrepreneur’s Roadmap† Joseph C. Picken (2017) In the journal, â€Å"From Founder to CEO: An Entrepreneur’s Roadmap,† by Joseph Picken, he outlines entrepreneur characteristics, specific obstacle’s most experiences and mainly how he got to where he is. Out of eight specific hurdles, the first one is setting direction and maintaining focus. The first step entrepreneurs have to undertake is launching their startup. However, before doing that they need to have a clear understanding of their goal and establish an exact direction. Which includes, who they are targeting, what are they offering, value proposition, their model and key milestones (Picken 2017). The entrepreneur also has to keep in mind if they wish to retain†¦show more content†¦Passion Isn’t Always a Good Thing Violet T. Ho Jeffrey M. Pollack (2014) In the article, â€Å"Passion Isn’t Always a Good Thing,† the authors discuss the positive and negative of passionate entrepreneurs. Empirical findings show entrepreneurs who are passionate about their work enjoy greater venture growth. Also, when the entrepreneur is passionate they show how much it means to them and that they are prepared for the next step. This attribute is more likely to get them funding for their business plans, from investors. It is a valuable characteristic that will yield positive outcomes (Ho and Pollack 2014). However, passion can sometimes yield in negative outcomes. The model shows two different types of passion: harmonious and obsessive. These two types can either enhance or demolish financial performance. The obsessive type of passion is a strong desire to pursue an activity, however it is not under the person’s control. Basically, the person is do driven towards the activity that their brain takes over and does everything in its ability even if you wanted to stop you couldn’t. Overall, the two types of passion are similar in terms of desire, but they differentiate when it comes to control. â€Å"Good Entrepreneurs Make Money. Great Ones Make a Difference† Earl G. Graves Jr. (2011) In the article, â€Å"Good Entrepreneurs Make Money. Great Ones Make a Difference,† Earl Graves, talks about what little things entrepreneurs can do