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When
You Don't Love Chaos
Not all entrepreneurs derive great joy from the
thrill of a start-up business. Krista Ward MBA '95,
JD'95 isn't an Internet entrepreneur, but she did launch
her own company in 1998, and its fortunes have been
related if inversely to the rise and fall
of the dot-com economy.
Ward
is the founder and chief executive officer of Skore
Financial Management, LLC, an advising firm whose
clients mostly professional athletes, entertainers,
and entrepreneurs are mostly young and newly wealthy.
They were eager to get in on Internet stocks as the
NASDAQ was enjoying its rise.
"All
they'd seen were great returns" on Internet start-ups,
says Ward. "They had a warped perception of the
concept of investing."
Ward
herself took a more conservative stand. "We weren't
crazy about the Internet boom," she says. And
though her lack of aggression wasn't popular with
some of her clients, "now we look great."
So
the entrepreneurial story seems to end happily for
Ward. And yet, she says, launching her own company
"hasn't been all that pleasurable. I'm so tired.
I've been working non-stop since 1992." In all
that time, she's seen relationships with family and
friends slide, and she's missed out on opportunities
to travel and enjoy life. This summer, she plans to
marry and take a honeymoon, which will be her first
vacation in more than three years.
Still,
Ward believes that, eventually, the benefits of owning
her own business will outweigh the costs: "It's
been very painful, but wonderfully rewarding. Or it
will be wonderfully rewarding, once I'm no longer
working twenty-four hours a day, seven days a week."
Dot Com Survivors
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