Bringing hard data to the way we think about entrepreneurial
success, this bold call to action draws on the latest scientific
evidence to dispel the most pervasive startup myths and light a
path to entrepreneurship for those eclipsed by the hype. When you
think of a successful entrepreneur, who comes to mind? Bill Gates?
Mark Zuckerberg? Or maybe even Jesse Eisenberg, the man who played
Zuckerberg in The Social Network? It may surprise you that most
successful founders look very different from Zuckerberg or Gates.
In fact, most startup origin stories are very different from the
famous "unicorns" that have achieved valuations of over $1 billion,
from Facebook to Google to Uber. In The Unicorn's Shadow: Combating
the Dangerous Myths that Hold Back Startups, Founders, and
Investors, Wharton School professor Ethan Mollick takes us to the
forefront of an empirical revolution in entrepreneurship. New data
and better research methods have overturned the conventional wisdom
behind what a successful founder looks like, how they succeed, and
how the startup ecosystem works. Among the issues he examines:
Which founders are most likely to succeed?Where do the best startup
ideas come from?What's the most foolproof way of securing the
funding needed to take a company to the next level?Should your
sales pitch really be something out of Hollywood?What's the best
way to grow and scale your company and create a thriving culture
that won't hinder expansion? Mollick argues that entrepreneurship
is too important, both for society and for the individuals who
start companies, to be eclipsed by the shadows of unicorns. He
shows we can democratize entrepreneurship-but only by following an
evidence-based approach that puts to rest the false narratives that
surround it.
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