Insolvency and Restructuring of Entrepreneurs

If you look at the typical profile of entrepreneurs, they have changed a lot. The startup companies today have pretty much been the people who survived in a very tough, Darwinian environment. It’s really a one-in-a-million thing.

Napoleon said Britain is a nation of shopkeepers and a shopkeeper is an entrepreneur—he or she is a small business person. That’s exactly what we are.

An entrepreneur is very enthusiastic and dances to a different drum beat, but never considers success as something which equates to personal wealth.