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Most Helpful Customer Reviews
18 of 18 people found the following review helpful:
4.0 out of 5 stars
Helpful resource but not a guidebook,
By
This review is from: New Venture Creation: Entrepreneurship in the 21st Century (Paperback)
New Venture Creation is insightful, well-crafted, and content-rich. It's no surprise that MBAs swear by this hugely popular business school classic.However, as a serial entrepreneur, I have mixed feelings about the actual utility of Timmon's textbook. On one hand, it presents a fairly accurate description of the entrepreneurial process. Timmon's commentary covers: recognizing an opportunity... to sizing the market... to securing risk capital... to ultimately harvesting the venture. Timmon's also addresses the critical risks and challenges that entrepreneurs face along the way. So to be clear, New Venture Creation is definitely more useful than all those "How to Write a Business Plan" books. On the other hand, none of Timmon's text was particularly meaningful to me until I had started my _second_ venture. Put another way, New Venture Creation (by itself) is not instructional. It lacks sufficient case study, testimonial, and all those great "war stories." Therefore, New Venture Creation is a helpful resource but not a practical guidebook.
10 of 11 people found the following review helpful:
5.0 out of 5 stars
An Entrepreneur's "Must Have",
By A Customer
This review is from: New Venture Creation: Entrepreneurship in the 21st Century (Paperback)
This is *the* book for entrepreneurs, covering everything from evaluating new business ideas to writing complete business plans. This book is well-written and informative, and it combines solid examples with detailed exercises. I was first exposed to this book in an Entrepreneurship class at the University of Maryland, and I've used it several times since. (Thank you, Dr. Bob Baum.)
10 of 11 people found the following review helpful:
4.0 out of 5 stars
a Harvard Business School style textbook on entrepreneurship,
This review is from: New Venture Creation: Entrepreneurship in the 21st Century (Paperback)
Here is what a leading business school teaches on entrepreneurship. Overall, the book is very well balanced in its coverage of principles and analysis of real world cases. With its size (800 pages of letter size), it contains information (such as sample term sheet, agreements, RMA statement studies) which are hard to find in other books. It is obvious that it couldn't be written without many years of teaching, research and practice.
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