Simple Rules for Engaging External Stakeholders

Dean A. Shepherd (), Holger Patzelt () and Nicola Breugst ()
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Dean A. Shepherd: University of Notre Dame
Holger Patzelt: Technical University of Munich
Nicola Breugst: Technical University of Munich

Chapter Chapter 6 in 66 Simple Rules for Entrepreneurs, 2024, pp 53-64 from Springer

Abstract: Abstract This chapter offers simple rules for engaging external stakeholders. These simple rules are: build a circle of trusted advisors and listen to them; don’t journey alone, involve others because entrepreneurship needs to be a social endeavor; when it comes to building relationships, do not always go for what is easy and natural; engage others in dialogue like a “good” professor does in a case discussion; emphasize inquiry with others, (instead of advocacy) for generating creative and innovative outcomes; to access resources, learn how to tell a good story; know your worth and communicate it to others for effective pricing; and ask for help.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-62032-4_6

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DOI: 10.1007/978-3-031-62032-4_6

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