Spring Break
University alumni offer tips for future entrepreneurs at lecture
Drew Mika
Issue date: 11/9/07 Section: News
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He also discussed businesses strategies like, "keeping your eye on the environment and paying attention to what's going on outside."
Kent talked further about the buying and selling of companies and emphasized that future entrepreneurs should know their environment and know when to buy and sell.
For the remainder of his points Kent caught up with his life, talking about how he's been in the private equity world for the past five years.
"Entrepreneurship in the private equity world can either be an absolute dream or absolute nightmare," he said.
At the end of the hour, Kent discussed the pros and cons of corporate entrepreneurship.
"[Corporate entrepreneurship] tends to have more patience and you usually support a greater corporate mission," he said. "There are multiple stakeholders which means there are multiple chairpersons who are never anxious to pull the plug."
Kent said the cons of corporate entrepreneurships include corporate politics, the future and the corporation as the largest stakeholder.
Despite the cons, Kent encouraged the audience to take satisfaction from their accomplishments.
"It's not all about the money, don't burn bridges and every situation is an opportunity," he said.
Kent talked further about the buying and selling of companies and emphasized that future entrepreneurs should know their environment and know when to buy and sell.
For the remainder of his points Kent caught up with his life, talking about how he's been in the private equity world for the past five years.
"Entrepreneurship in the private equity world can either be an absolute dream or absolute nightmare," he said.
At the end of the hour, Kent discussed the pros and cons of corporate entrepreneurship.
"[Corporate entrepreneurship] tends to have more patience and you usually support a greater corporate mission," he said. "There are multiple stakeholders which means there are multiple chairpersons who are never anxious to pull the plug."
Kent said the cons of corporate entrepreneurships include corporate politics, the future and the corporation as the largest stakeholder.
Despite the cons, Kent encouraged the audience to take satisfaction from their accomplishments.
"It's not all about the money, don't burn bridges and every situation is an opportunity," he said.
