Entrepreneurial Valuation (PDF)

Value is a verb, and entrepreneurial valuation is the process of figuring out what others (should) value. The process is a challenging one, fraught with difficulties. If you are considering your own entrepreneurial journey, how do you start? How do you come up with a good idea? How do you know if your idea is good or if consumers would pay for it?

Entrepreneurial Valuation brings to life cutting-edge research on value theory, challenging the prevailing wisdom that entrepreneurial valuation is as simple as asking consumers what they want. In fact, consumers often don't know what they (should) want. Value is a learning process, and consumers are learning what to want over time. Entrepreneurial Valuation will teach you how to follow consumers through this value learning process until you understand them enough to lead them
on their journey.

Mark D. Packard is an assistant professor of business management at the University of Nevada Reno. His research centers around entrepreneurship theory, and include entrepreneurial uncertainty, economic theory, and philosophy of science. He has published research on these and related topics in several of the highest-ranked business academic journals, both in the general management and the entrepreneurship disciplines, and has quickly risen to become one of the leading scholars in the field of entrepreneurship. He is also cofounder of Praxeo Consulting