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Preparation for Entrepreneurship: Does it Matter?

Arnold Cooper and Shailendra Mehta
The Journal of Private Equity
Vol. 9, No. 4 (Fall 2006), pp. 6-15
Stable URL: http://www.jstor.org/stable/43503483
Page Count: 10
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Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Preparation for Entrepreneurship: Does it Matter?
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Abstract

We begin with preparation. Cooper and Mehta review the files of nearly 3,000 firms to assemble data sets to analyze a series of straightforward questions about preparing to start a business. Does it matter how much time a person spent in preparing to start her or his business? Is it better if the idea for the new business came from a prior business? Some say timing is everything. How important is timing when starting a new business? Does it matter if the founder quit their job only so they could start the new business? And how important was the role of professional advisors in the start-up? If any of these questions seem interesting to you, take a look at our lead piece.

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