11 nuggets of wisdom for young entrepreneurs

I recently started my 19th year as a professor of entrepreneurship at the University of Wyoming. In that time, more than 2,500 students have listened to me talk. This is particularly flattering as the course is totally elective.

My class has one purpose: to help students understand whether or not they are entrepreneurs. If you are, pursuing your purpose is the only way you can achieve Peace of Mind in this life. On the other hand, if you’re not an entrepreneur and you try to be one, you will not only ruin your life but also the lives of those…