Preparing Corporate Professionals to Start Businesses

Professionals who want to join the next wave of entrepreneurs can do much of the startup work before they leave their jobs, says Taylor Smith of The Spirus Group

Despite popular perception, not all great entrepreneurial ideas emerge from college dorm rooms or Silicon Valley garages. Many businesses start with the weekend work of well-networked corporate professionals who are industry-savvy, says Taylor Smith, managing partner of New York-based The Spirus Group, a venture development firm. He spoke recently with Smart Answers columnist Karen E. Klein about how today's employees may become next year's entrepreneurs. Edited excerpts of their conversation follow.

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