Friday, November 03, 2006

Entrepreneur shares strategy for success.

Message fromn Sean Conway, The Millionaires Plan:

This article in our current series on entrepreneurs, reinforces the fact that many successful entrepreneurs start small, with nothing and often in the garage of their home!

The more you can read about entrepreneurs, how they made their idea work to the point of a highly valued company, the more you will learn and can apply to your own business ideas.

An excerpt for the article appears below. You can access the full article by clicking here.



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Entrepreneur shares strategy for success
BY JUDY NEWMAN
Maddison.com
TUE OCT 31, 2006

"First of all, you have to find yourself a garage."

It was with a touch of humor that Manny Villafana - founder of a Minnesota company that developed one of the most widely used heart-valve implants - shared his secrets for entrepreneurial success with a conference at Monona Terrace on Monday.

A Puerto Rican who grew up in the South Bronx, Villafana has started several successful medical device companies in Minnesota. One of them, St. Jude Medical of St. Paul, makes mechanical heart valves, implantable defibrillators and pacemakers. It had $2.9 billion in sales last year and 10,000 employees.

Focus on your goal and be prepared to spend a lot of time with "hat in hand," Villafana told the symposium's luncheon gathering. "You're going to get slapped quite a few times, asking for money, but you might also get kissed," he said.

Click here to retrieve full article.

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