"Ideas that are not acted on are valueless," says Kauffman Foundation Senior Fellow Ted Zoller, who urges entrepreneurs to take action to release game-changing ideas into the world. Zoller also discusses the approach of entrepreneurs who begin the entrepreneurial process by defining a need in the marketplace.

Kauffman Foundation Senior Fellow Ted Zoller describes his findings on the pathways young people take that lead to them becoming dealmakers in an ecosystem. Rather than starting a company out of school or working in venture capital, Zoller says the most likely path is gaining a C-suite position in a larger enterprise and then stepping into entrepreneurial ventures later in a career.

Entrepreneurs put themselves in the position to be lucky and fortunate, according to Kauffman Foundation Senior Fellow Ted Zoller. In this clip, Zoller asks the audience to reflect on whether they have prepared their minds to take advantage of opportunity when it presents itself. He also explains how successful entrepreneurs make moves at the right moment to capitalize on fortune.

In these responses to audience questions, Kauffman Foundation Senior Fellow Ted Zoller discusses the transformative effects of globalization. Zoller says the more individuals are challenged the more entrepreneurial they need to act in response. He also shows how young people are adapting to address the needs and opportunities in developing regions around the world.

"When you have something that is so complicated people can't understand it, you're doing the wrong thing," says Ted Zoller, senior fellow with the Kauffman Foundation. Zoller articulates why teams can leverage a mix of optimistic and pessimistic personalities, and why money should be viewed as a tool. "Money is not evil, it's a tool. You can use it to make your ideas available."

Kauffman Foundation Senior Fellow Ted Zoller believes the concentration of individuals engaged in multiple entrepreneurial activities is a key indicator of the strength of an entrepreneurial ecosystem. Based on Zoller's research in this area, the greater density of these "dealmakers" in a community also helps to activate a region's entrepreneurial growth.