The Entrepreneurial Career: Taking Risks and Putting Your Plan into Action

by Stanford University in Entrepreneurship

A talk about Taking Risks and Putting Your Plan into Action by Gregory Waldorf at Stanford University's Entrepreneurship Corner.


Lecture 1

Working with Great People

Discussion Board
Waldorf underlines the importance of collaborating with great people; people with qualities similar to those of good teachers or bosses. Once the right set of people is found, the company can function better on its own, he says.
Lecture 2

Taking Smart Risks While Not Following the Safe Path

Discussion Board
Waldorf believes it is important to be self directed and follow one's passion. Assessing risk, having success in past endeavors, and finding good people can mitigate the effect of following the path less traveled.
Lecture 3

Facing the Unexpected with Adaptability

Discussion Board
Waldorf believes that in an entrepreneurial career, nothing plays out as expected. Being flexible and willing to adapt to new things is the key to success.
Lecture 4

Passion: The Driving Force Behind an Entrepreneurial Career

Discussion Board
It takes time to find the right career. You should not work on something you are not passionate about, says Waldorf. Instead, he emphasizes that people should work on a cause that they really care about.
Lecture 5

Do Not Wait: Put your Plan into Action Now

Discussion Board
Waldorf believes it is important to grab opportunities as they come instead of waiting for the right moment. It is not an easy path, he notes. For this reason, he says an entrepreneurial career is not for everyone.
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License
Citation
  • Gregory Waldorf, The Entrepreneurial Career: Taking Risks and Putting Your Plan into Action, Winter 2007. (Stanford University: Stanford eCorner), http://ecorner.stanford.edu. License: Creative Commons Attribution-NonCommercial 3.0
Instructors
  • Gregory Waldorf
Additional Notes
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