Risk.  It seems to be at the heart of entrepreneurship.  Whenever I ask a group to describe entrepreneurship, the word risk is always one of the first things people mention.

Most often people associate risk with failure -- we call it "sinking-the-boat risk."  We know that only about half of entrepreneurial ventures make it five years (for the record, the 10-20% figures most people cite are urban myths).  The complex and unce...

Many thanks to Matt Bacak for pointing out two important aspects of evaluating a business partnership opportunity -- things that many entrepreneurs overlook:

First,

If you are looking to establish a business partnership or seeking out a business opportunity, we all know how important it is to look at how much money you are going to make.

But second -- and in keeping with the overall question "What kind of lifestyle do I want to lead?" -.....