Chapter

Conclusion

Jana Matthews and Jeff Dennis

in Lessons From the Edge

Published in print September 2003 | ISBN: 9780195168259
Published online October 2011 | e-ISBN: 9780199849734 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780195168259.003.0007
Conclusion

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For aspiring business owners, this book hopefully has inspired avoidance of “the edge”. For those who are already experiencing the edge, the book contains help for those people to evaluate the situation and identify the possible courses of action to be taken. This final chapter encourages entrepreneurs to participate in peer group activities since this may promote growth through sharing experiences with other entrepreneurs, discussing certain issues, and other such activities. Also, the chapter advises that having a mentor outside the peer group is helpful since such people may provide impartial judgment and advice about the business. In sum, one must be able to learn, if not from one's own mistakes, but from the mistakes of others especially in terms of business and avoiding being on the edge.

Keywords: business owners; peer group; impartiality; judgment; advice; mistakes; experience

Chapter.  1544 words. 

Subjects: Innovation

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