1797: How Entrepreneurs Can Think Like Venture Capitalists by Mike Smerklo on Long-Term Value Creation

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1797: Mike Smerklo explains how entrepreneurs can strengthen their decision-making by adopting a venture capitalist’s perspective. By focusing on risk assessment, portfolio thinking, and long-term value creation, founders can make more strategic choices that increase resilience and growth potential. Read along with the original article(s) here: https://www.mikesmerklo.com/how-entrepreneurs-can-think-like-venture-capitalists/ Quotes to ponder: "VCs have to be able to assess risk and reward with incomplete information, and make bets accordingly." "Think of your entrepreneurial career as a portfolio, some bets will pay off, others won’t." "The key is to keep playing, keep learning, and keep making smart, calculated bets." Episode references: The Lean Startup: https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898 Zero to One: https://www.amazon.com/Zero-One-Notes-Startups-Future/dp/0804139296 Venture Deals: https://www.amazon.com/Venture-Deals-Smarter-Lawyer-Capitalist/dp/1119594820 Learn more about your ad choices. Visit megaphone.fm/adchoices