Entrepreneurship is knowing when to sell
Published Sunday Herald January 13, 2008
Know yourself. That's about the most fundamental piece of advice serial entrepreneur Tom McKaskill can give people who want to follow in his footsteps.
"Being willing to admit what you don't know and ask for help is really important," says McKaskill, who is now, after building and selling four businesses, the professor of entrepreneurship at Swinburne University in Melbourne.
"You need to understand what your strengths and weaknesses are and understand you cannot build a business without other people. You have to learn to work with other people and in a sense empower other people. You've still got the vision, you've still got the passion, you've still got the energy, but you will not do it by yourself."More...