Venturepreneurial Firm vs. Small Business

Small businesses usually deal with known and established products and services, while entrepreneurial ventures focus on new, innovative offerings. Because of this, small business owners tend to deal with known risks and venturepreneurs face unknown risks.

Venture capital is a primary source of financing of venturepreneurial startups.

Venture Management

Laws

5 Success Factors

7 Characteristics of a Successful Startup

High Risk, High Return

High-growth ventures promise high return on investment, but are also characterized by high risk.

The there main sources of risk for high-growth-high-return ventures are:

1. Fuzzy front end

2. High resistance

3. Fierce counterattacks

Entrepreneurial simulation games, such as INNOBALL, help increase returns and reduce risks.