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I [Peter Carrescia] recently wrote about the need for focus in building the next generation of Canadian technology companies. I want to follow that up with what I believe is the first and most important ingredient – Entrepreneurship.

Today, there are simply not enough people catching the entrepreneurial bug and starting their own companies. It really is a numbers game – increase the supply of new companies, and there will be a proportionate increase in the number of successful companies.

The cultural change required needs to be instilled in us at the earliest possible opportunity, while we’re still in school and have little to lose and everything to gain. It is infinitely more difficult to convince someone to take risk when they have a mortgage, car payments, a spouse and children. It won’t work out for many that try, but for those that it doesn’t they will be better employees later for having tried, and better prepared should they perhaps try again.

To read the full, original article click on this link: Entrepreneurship, Universities and Venture Capital « Tech Disruptions

Author: Peter Carrescia