SmallBiz

Jeffry Timmons

One of the pioneers of American entrepreneurship study programs in the 1970s, Timmons has held simultaneous professorships at Babson College and Harvard Business School. He is the author of a number of books, including New Venture Creation (R.D. Irwin).

Key points to consider:
Aspiring entrepreneurs will swing the odds of success in their favor by mastering the entrepreneurial process, which seeks to achieve an appropriate balance among one's opportunity, team, and resources.

Entrepreneurs achieve success by sustaining an entrepreneurial culture. This requires both entrepreneurial and managerial competence. A supportive community will further enhance an organization's prosperity.