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David Krauskopf is an entrepreneur experienced in starting, financing and growing several companies with direct experience in travel, hospitality, software, computer, and retail industries. His specialties are in business planning, marketing (internet particularly) and financial management. David was the general manager of Apple Computer in Russia from (1993-1999) and owned the exclusive representative for Apple Computer in Russia and the Ukraine. He founded a printing and press room solutions company in Russia in 1996, and these combined companies in 2007 had over $300M in sales revenue. David helped start and was on the advisory board of Travelpost.com that was acquired by Sidestep in 2007. In 2000, David developed and now owns Hamanasi Adventure Resort (<a>www.hamanasi.com</a> ), a high-end boutique resort in Belize, Central America. This resort has 70 employees, high operating margins and is currently ranked number one in Belize and Central America by the hotel review web site TripAdvisor.com. Mr. Krauskopf lives in Northern Virginia, is an angel investor with New Vantage Group (<a>www.newvantagegroup.com</a>) , David is a volunteer SCORE (<a>www.score.org</a>) business counselor partnering with the Fairfax County Economic Development Authority and for two years has been an Assistant Wrestling coach at Langley High School. David holds an MBA from the Kellogg School of Management (2005) and a B.S. degree in Management from Miami University.
Are there any other thoughts on passion as it relates to starting a business?
Business expert David Krauskopf discusses his thoughts on passion as it relates to starting a business.
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Host: Are there any thoughts on passion as it relates to starting a business?
David Krauskopf: Well, I think the thing I haven't hit on very much is it's surrounded around what I called creating value for others. Now simply put being an entrepreneur is providing a product or service that creates a value that is then passed on to another party, that is being an entrepreneur. So if you in starting a company don't have a passion for creating value for your customers and passing it on, then you really just going to have a hard time from the beginning because that will come across in everything that you do. So I believe that a key component of being passionate about starting businesses that you have a true desire to create value for other people.