The Entrepreneurial Mind-Set: A Framework for Problem-Solving and Creativity at Work and in Life
J Am Coll Radiol . 2021 May;18(5):764-765. doi: 10.1016/j.jacr.2020.04.023. Epub 2020 May 18.
Eric Becker, Elliot K Fishman, Linda C Chu, Steven P Rowe
In 1988, I sat in my office in Columbia, Maryland, absorbing the failure around me. Not long before, my brother Doug and I had successfully turned a small loan from our parents into a successful health care technology start-up that we were eventually able to sell to Blue Cross. However, our next venture, acquiring a specialty food company, led to total failure—everything that could go wrong did go wrong. We had figured that after succeeding in health care, we could definitely succeed in the food industry. The failure was an important lesson in entrepreneurship for us. This was a particularly difficult lesson, perhaps, because we had seen our father achieve success as an entrepreneur with a business he started in college in which he had his fraternity brothers dress up as Santa Claus and then rented them to department stores. He eventually grew that business nationally and internationally.
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