Today, an entrepreneur with a plan for a new business can get funded within a week. But the entrepreneur doesn't get an honest, painstaking critique. The weaknesses of the plan are often ignored. The result is that great ideas don't reach their full potential. The idea of spending a lot of time creating a business plan, he says, is now absurd in most cases.
Entrepreneurs have to change course all the time.
The best an entrepreneur can do is intuit where the big opportunities are. Khosla touches on the qualities required of today's entrepreneurs and the difficulties that established companies face in adapting to the Internet. He also offers some of his secrets for finding and exploiting the biggest new technologies. All rights reserved .