Business Edge has a good story on long-time Ontario entrepreneur, Derek Tennant. Mr. Tennant founded - among other companies - Holiday Rent a Car. He is also the driving force behind Flesherton Wind Energy.

What I find interesting about Tennant's career is that it reinforces the idea that successful business depends on uniting capital with good ideas and good people. MBA's tend to forget this at times becoming obsessed with structural concerns that, as we all know, are the by-product of exploiting good ideas.

4. What advice would you give a young entrepreneur?

"The best thing I ever did was to get a little peer group of advisers and run things by them. You have to be thoughtful and strategic in what you're doing. Entrepreneurs are impulsive and there are gut reactions. But you've got to be smarter than that. The guys that really make it are the guys that line themselves up with people that will look after what they can't look after. And you've got to choose those people wisely and really value them."

I also enjoyed his comments on Ken Lay and business ethics. Read the article for more.