The Effects of Business Failure

Jim Dever, from Florida State University’s Jim Moran Institute for Entrepreneurship visited the Center for Entrepreneurial Learning on January 23rd and he came to talk about The Effect of Business Failure on the Portfolio Entrepreneur.  Jim was an interesting speaker because he is an entrepreneur who retired at the age of 41 having owned and operated many successful businesses during his 20 year entrepreneurial career. Those businesses included trucking companies, motels, restaurants, a construction company, and other assorted ventures.  At the age of 50 he returned to college in order to obtain the bachelor’s degree he never completed in the 1960’s. In January of 2009, Jim will complete the requirements for his PhD in Entrepreneurship at the University of Strathclyde in Glasgow, Scotland.  His thesis investigates the effect of failure on portfolio entrepreneurs, which he talked about at the seminar.  Jim had some really powerful insights about the impact of a business failure on the entrepreneur and on the other businesses that they own.  We were also very grateful to Jim for his practical insights on entrepreneurship and for telling us about his fascinating life story as an entrepreneur turned academic.  

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