Taking One Too Many for the Team

Justin Hibbard

It's time for another dose of entrepreneurial wisdom. This week's lovin' spoonful comes from a recent field trip to Stanford University, where I sat in on a panel of entrepreneurs and VCs hosted by the MIT/Stanford Venture Lab. There were plenty of nuggets about how to pitch ideas and raise money, which I'll get to in a minute. But the part that stuck with me most was about the personal sacrifices and commitment that are required to live the life entrepreneurial. We hear plenty about the Google guys and their billions. We don't hear enough about the rejection, heartache, and ruined families that many entrepreneurs endure.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.