Entrepreneurs have to constantly pitch different things to different people at different stages in the life of their ventures.
The choice to vertically integrate comes down to four factors, including the source of competitive advantage and strategic goals, the risks of outsourcing, the importance of technical capabilities, and costs.
Regardless of the analogy, a startup team must incorporate diverse talents but with a common set of core values and a passion for the problem being solved and the solution.
Depending on the organization, intrapreneurs can be successful and find meaning by thinking differently and contributing to a larger whole.
As the excitement of the Winter Olympics fades in the rearview mirror, we reflect again on the rewards and risks of striving for excellence.
We all love watching people strive to do something they’ve never done before: Progress a category to new levels or overcome adversity to accomplish a new high.
Too often, business owners get so caught up with working IN the business that they forget to work ON the business.
People are often surprised when we describe our professor roles as entrepreneurial. While classes and some topics might be prescribed, how we deliver content (value) to our students and what resources we use (books, articles, simulations, etc.) are based primarily on our own entrepreneurial choices.
You might have missed it, buried deep in the multiple channels and time-zone differences, and between swim sets and track runs, but sport climbing made its inaugural appearance in the Olympics this year.
So we’ve got a genius idea, to which a number of geniuses have contributed. Is that enough for it to break out? Sadly, no.
We often hear people talk about the “first-mover advantage.” In reality, academic research suggests the opposite. First movers rarely reap all the benefits of their disruption. In
We apologize if we have slighted one of your own “go to” phrases that help you navigate your business journey. But for different reasons, we believe we should look at those phrases a different way.
It’s estimated that at least 100,000 small firms are gone forever.
What metrics can help you decide when to begin staffing up and pursuing innovation more aggressively? What are the different possible paths for recovery in your industry, and how can your organization take advantage of inflection points?
What leads to a strong and sustainable business? We’d like to suggest three aspects leaders need to pay attention to: values, relationships and balance.
Nuances of body language and communication can be lost in the world of virtual backgrounds.
Given the uncertainty, good decisions today need to incorporate farsighted thinking versus narrowband thinking. These complex decisions require a thoughtful and intentional process to increase the odds of having a favorable outcome.
When you think about entrepreneurship, your mental scenery might be the suburban garage, where visionaries like Bill Gates and Steve Jobs started their journey to become tech titans. Or maybe a state-of-the-art laboratory, where biotech breakthroughs transform the business of health.