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Forbes: Turning lead into gold: funding opportunities that entrepreneurs miss

08 May 2019
Entrepreneurs aren’t short on ideas for exciting new products or companies, but they are often short-sighted when it comes to finding ways to fund and build those projects.

Originally found at Forbes, by Michael Blanding

Entrepreneurs aren’t short on ideas for exciting new products or companies, but they are often short-sighted when it comes to finding ways to fund and build those projects.

"There is a huge amount of discussion about how you come up with a new entrepreneurial possibility, Yelp for dogs or Uber for cats, or whatever,” says Andy Wu, assistant professor of business administration in the Strategy unit of Harvard Business School. “What’s overlooked is a comprehensive framework for how you mobilize the resources—such as financing, employees, and partners—to bring the idea to life.”

Along with colleagues David R. Clough, Tommy Pan Fang, and Balagopal Vissa, Wu recently reviewed how the entrepreneurial community thinks about acquiring resources, publishing their work in the paper, Turning Lead Into Gold: How Do Entrepreneurs Mobilize Resources to Exploit Opportunities? in the Academy of Management Annals.

Continue reading original article at Forbes.


Read the original research in Academy of Management Annals

 

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