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Professional services industries like finance, consulting, and legal services are, by definition, meta-industries. That is, they serve to help large companies raise money, buy and sell each other, reorganize, implement new systems, conduct complex transactions, and so forth.
Andrew Yan
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The vast majority of small business owners want nothing to do with figuring out a website. They are neck-deep in their business trying to keep it going.
Andrew Yan
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I remember looking up to most any venture capitalist as someone who could make my little company happen with a single million-dollar check.
Andrew Yan
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After a couple of years in a professional setting, you'll get used to dressing presentably, preparing for meetings, speaking appropriately, showing up on time, writing professional correspondence, etc.
Andrew Yan
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The image of entrepreneurship as the province of the unprivileged and un-entitled - the Horatio Alger, rags to riches myth - flies in the face of reality.
Andrew Yan
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If I need a pick-me-up, I pull up a memo file on my phone and type in three things I'm grateful for. The things I've typed on other days are still there. It's a long list. Always helps.
Andrew Yan
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Unfortunately, hardworking, academically gifted young people are kind of lazy when it comes to determining direction.
Andrew Yan
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Organizations relying upon young, idealistic, and mission-driven people to work at below-market compensation over the long-term will burn them out and find the best people leaving over time.
Andrew Yan
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Starting a company is rough. It's even harder when you're young - I know this firsthand, because my first company flopped when I was 25.
Andrew Yan
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I like most of the venture capitalists I know; they're smart, well-intended guys who genuinely enjoy helping entrepreneurs succeed. And I love venture capital and investment capital of all categories - its economic impact is proven. The more of it the better.
Andrew Yan
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One thing I disliked about being a lawyer was billing for my time.
Andrew Yan
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In my experience, entrepreneurship tends to be kind of cumulative, like a layer cake. Taking some time away can make it hard to rev up.
Andrew Yan
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Very few parents keep up with who the top professors are or whose classes their kids are taking, partially because most undergraduates interact more commonly with graduate students.
Andrew Yan
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Tell young girls they can be anything, including entrepreneurs and self-made billionaires. Encourage your friends/daughters/female students/yourself to take a shot.
Andrew Yan
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At Venture for ,we've worked with hundreds of aspiring young entrepreneurs who want to build businesses and change things for the better.
Andrew Yan
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I've always believed that talking about something is not the same as doing something about it.
Andrew Yan
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Many of the scrappy young people I meet who are the first in their family to go to college feel that they have to bring home a steady paycheck to make their family's sacrifices worthwhile.
Andrew Yan
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Non-profits should be looking to enlist and retain the best people to aggressively solve problems, not to perform adequately and persist. We should expect people to innovate and do the highest-quality work and then reward them accordingly.
Andrew Yan
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It's hard to get started as a young entrepreneur - often much harder than one would ever realize.
Andrew Yan
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What was a profitable business in one era can become a public utility and a recognized public good in the next.
Andrew Yan
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Finding initial funds is the primary barrier most entrepreneurs face. Many people don't have three or six months' worth of savings to free themselves up to do months of unpaid legwork.
Andrew Yan
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Venture for America operates in communities that could generally use more innovation: Detroit, New Orleans, Baltimore, and other U.S. cities. So I'm obviously a big believer in innovation and progress as key drivers of economic growth and prosperity.
Andrew Yan
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The best organizations are filled with people who have a wealth of choices as to what work they choose to do. We need to give them every reason possible to solve the world's problems.
Andrew Yan
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I meet young people all the time who say something like, 'I want to work in venture capital.' And I can see why. Who wouldn't want to be smart, well-paid, dispense large sums of money, and tell people what to do?
Andrew Yan
