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"..One thing that I
think we shouldn’t get too caught up in is trying to
chase what our neighbors are doing. I think we
should focus more on what we do well and trying to
really grow those areas.
Danny Warshay,
local entrepreneur, investor and advisor to many
early stage companies, and Professor at Brown
University concurs.
You don’t see
biotech being spawned in Rhode Island, but there’s
some world class kinds of positions that Rhode
Island does enjoy and what I’ve always argued, we
ought to focus on enhancing those and not trying to
invent new ones for which we’re not best suited to
compete.."
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Listen to Danny Warshay's
Interview on Open Book Management
- October 9, 2009 -
Business Week
Beyond Eureka - Looking for a great business idea?
These five steps will take you from blank slate to
booming
The process of
coming up with a great idea for a new business need
not be shrouded in mystery. Serial entrepreneurs, in
particular, tend to follow a well-thought-out,
disciplined process. "You increase your chances of
success when you use a well-defined methodology
rather than pulling an idea out of the air and
running with it," says Danny Warshay, a Brown
University adjunct professor and managing director
at Providence-based DEW Ventures, a firm that
invests in and coaches startups. A 2008 paper by
James Fiet, a professor of entrepreneurship at the
University of Louisville, found that training MBA
students to use a systematic approach dramatically
improved the wealth-creating potential of the
business ideas they generated.
More
- ARTICLE: Daniel
Warshay, of Brown University, came to Portugal to
teach entrepreneurship to the ISCTE students
Did you know that recession periods are the best
moments to launch a new business? That is Brown
University’s entrepreneurship expert Daniel
Warshay’s conviction. The professor, also a
businessman, was in Lisbon for a week, advising
students of ISCTE, on the 6th Summer School,
dedicated, this year, to “Entrepreneurship,
innovation and culture”.
More
- 2/4/2009 -
Providence Phoenix
Can the Geeks Save Rhode Island
Danny
Warshay, managing director of DEW Ventures in
Providence, cites PolyWorks, in Lincoln, as an
example. It makes highly specialized polyurethane
and silicone materials — gels, foams, silicones,
bladder devices used in a wide range of consumer and
medical products. "They have 30 manufacturing jobs,
they're growing, they're successful," Warshay says.
"And they're doing it at costs that compete
favorably with China — in fact, they're now shipping
products to China."
More
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