TY  - JOUR
AB  - Entrepreneurs tend to be self-styled “idea” people. They often believe they have the next “Big Concept”‐one which could change the world, reaffirm their self-worth, and, of course, make them and their venture team a fortune. In contrast, as they build a company to implement their business dream, entrepreneurs also tend to eschew or trivialize administrative details. Why should they waste their creative juices on minutia? As a result of this insensitivity to detail, these captains of capitalism often trip in their entrepreneurial journey. For example, they might:•Forget to remit payroll taxes on schedule.•Fail to document the justification underpinning the dismissal of a key employee.•Allow the company℉s liability insurance to lapse.•Neglect to report sales usage tax.•Verbally grant employee incentive stock options during an informal luncheon meeting, at a yet-to-be-determined exercise price and without the board of directors℉ approval.
VL  - 7
IS  - 1
SN  - 2574-8904
DO  - 10.1108/NEJE-07-01-2004-B006
UR  - https://doi.org/10.1108/NEJE-07-01-2004-B006
AU  - Levangie Joseph E.
PY  - 2004
Y1  - 2004/01/01
TI  - Seeking God (in the details)
T2  - New England Journal of Entrepreneurship
PB  - Emerald Publishing Limited
SP  - 49
EP  - 51
Y2  - 2024/04/26
ER  -