Introduction

Just like life, there is no exit strategy in entrepreneurship. You need to go through the thick and thin and come out on top at the end of the day. Gone are the days were exiting a venture was the way to get liquidity. Now with venture capitalists available, there are other more useful options for this purpose. If you are an entrepreneur just for the money and money alone, it is probably not something for you.

Why you should take this lecture?

This lecture tells about how entrepreneurship needs to be done. It discusses the fact that it is not for everyone and those passionate about the matter should join in. It also sheds light on ways in which liquidity can be had without selling off your company. It will help you understand the importance of having smart people around you and how you can benefit from it.  

Who will benefit from this lecture?

Entrepreneurs as well as people aspiring to be entrepreneurs will greatly benefit from this as they will learn a lot about the various aspects of being an entrepreneur. Students should also make use of this as they can learn about a potential career in future.

Table of Contents

 - Having smarter people around you.
- Maintaining honesty as your policy.
- There is no exit strategy in entrepreneurship.
- Who should not be an entrepreneur.
- Different avenues for liquidity.
- Merging company teams with success.

Author Bio

Phil Libin is an entrepreneur who has been associated with a number of internet related companies that have achieved great success. Currently, he is the CEO of Evernote. Previously he was the President of CoreStreet which he also founded. He also served in the same capacity with Engine 5. Phil holds a degree in computer sciences from Boston University.