Questrom Executive in Residence Gives Advice for Entrepreneurs
WalletHub, a personal finance social network, recently released a study about small business ownership in the United States. The study identified start up opportunities in the 150 most populated cities in the country. The report analyzed the cities across two dimensions: access to resources and business environment. As part of the report, WalletHub interviewed Peter Russo, the Questrom School of Business Executive in Residence. Russo was featured in the “Ask the Experts” section of the report.
In this section of the report, Russo gives aspiring entrepreneurs advice on starting their own business. Russo tells entrepreneurs to work to build their network. “To Succeed, you will need the help of others,” Russo said. In addition to building their network, Russo also advices new entrepreneurs to get out and talk to people so that they understand how their services solves a problem and that the customer agrees that it solves the problem.