Mind Crunch : 6.1.11 : The Horse or the Jockey

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Many people who want to start their own businesses and many people who want to invest in others’ ideas search answer of this question: "Which is more important the idea or the entrepreneur?" .

In academic journals, this is referred to as the horse (idea) and jockey (entrepreneur) debate. The horse and jockey analogy reflects two different financing philosophies: Either you believe the idea is the key and bet on the horse, or you believe management is the key and bet on the jockey. "Another way to phrase it is to say that you either bet on an A-team with a B-idea or on a B-team with an A-idea.

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Posted: June 1st, 2011
at 12:09pm by mnp


Categories: entrepreneurship,mind crunch

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