Entrepreneurship, Second Edition

6.8. CONCLUSION

Entrepreneurship is a team sport. The most critical task any lead entrepreneur undertakes is defining who should be on the team and then creating an environment in which that team can flourish. This chapter has identified what type of team members ventures might need, how to entice and compensate them, and how to build a strong, supportive culture. Maintaining a team requires ongoing effort, and many organizations find that team dynamics suffer when the firm experiences rapid growth. Chapter 14 revisits these issues and suggests ways that organizations can keep their entrepreneurial orientation.