Entrepreneurship 101: Fail to plan, plan to fail

Posted by Tony @ MaRS, February 19th, 2008

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Last week’s Entrepreneurship 101 lecture saw Kerri Golden speak about the need to not only plan how to spend money in your business, but how to make money.

Question of the Week
As scientists and engineers we are used to planning projects, but how many of us have ever had the training to do the financial planning for a project, let alone a business? Do you think that part of the formal training for a graduate scientist/engineer should include project planning and budgeting?

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Discussion

  • http://www.searchtempo.com/ Brisbane SEO Consultant

    Yes, financial planning should be taught as a key post-grad course. It would help engineers and scientists understand where other professions are coming from in terms of risk management and project constraints.

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Author: Tony Redpath

As the VP of Partner Programs at MaRS, Tony ensures that our external and internal programs work together. Tony also advises entrepreneurs and high growth companies, particularly in environmental, advanced materials and manufacturing markets, with a special emphasis on mentoring and development of entrepreneurs.

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