Graduation is a time for reflection. After four years of Wharton classes and three years at the Wharton Small Business Development Center working with dozens of businesses, I’ve thought back on my time in business school to try to articulate a few fundamental lessons about “business” that I’ve experienced through the years. I hope they might be useful to both current and aspiring entrepreneurs:
1) Develop the infrastructure to collect data. Not only does this make you more disciplined about how you organize your business, it is nearly impossible to consistently make good decisions without data.
Image: Free Digital Photos
