Chapter 12

Venture Management and Leadership

Abstract

A common problem that arises for many technology entrepreneurs is the lack of preparation as the venture grows and the founder must make the transition from lone entrepreneur to manager of a growing enterprise. Many technology entrepreneurs have not had formal training in managing or leading others, and some are happiest and at their best when working in isolation on challenging technical problems. That is not to say that such individuals are incapable of developing and even mastering the skills of effective management. We are simply saying that many technology entrepreneurs have spent their careers learning and working within highly specific technical niches and have not focused on developing ...

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