What is CIV-TAU?

Welcome to the initial website for the Coller Institute of Venture. Founded in 2013, the Institute is housed within Tel Aviv University (TAU) and will have its official launch in January 2014. In the meantime like all ventures we are in our beta stage and keen to collaborate and so encourage all comments as we embark on our journey to become the global forum for venture capitalism.
Vision is not enough; it must be combined with venture. It is not enough to stare up the steps; we must step up the stairs. Vaclav Havel

Sunday, August 25, 2013

The misconceptions of entrepreneurship

对于创业的误解

Richard Branson | Founder at Virgin Group
While reading The Economist’s excellent Schumpeter column about the confusion around the purpose of entrepreneurship, as well as the motives behind what makes entrepreneurs tick, Richard Branson also believes “entrepreneurs are contrarian value creators. They see economic value where others see heaps of nothing. And they see business opportunities where others see only dead ends.”

However, he completely disagrees with the view that “the main motivator for entrepreneurs is the chance of making big money”. He thinks if you get into entrepreneurship driven by profit, you are a lot more likely to fail. The entrepreneurs who succeed usually want to make a difference to people’s lives, not just their own bank balances. The desire to change things for the better is the motivation for taking risks and pursuing seemingly impossible business ideas.

Information received from Wong Ping. To read more, please visit: https://www.linkedin.com/today/post/article/20130812151125-204068115-the-misconceptions-of-entrepreneurship

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