Entrepreneurship is “risky” mainly because so few of the so-called entrepreneurs know what they are doing.
The job of a professional manager is not to like people. It is not to change people. It is to put their strengths to work.
Profit is not a cause but a result-
Everything must degenerate into work if anything is to happen.
Unless commitment is made, there are only promises and hopes... but no plans.
Entrepreneurs believe that profit is what matters most in a new enterprise. But profit is secondary. Cash flow matters most.