Entrepreneurship

Are Entrepreneurs Born or Made?

Entrepreneurship is now a pretty big deal. Business schools all over the world have courses in this area and some even make it their major focus of teaching and research. Governments are also interested in entrepreneurs and routinely ask themselves how they can develop a more entrepreneurial national culture. Many years ago, an economist called Schumpeter recognized that risk taking ...

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Making Magic Happen

Magic happens through: Creativity Misdirection Showmanship Engaging storytelling Illusion Magic also happens through: Discipline Planning Rehearsal Process Repetition Magic happens through exploring big ideas with a whole brain approach! When you do that well, it’s magic!!! Don’t miss an article (2,050+) – Subscribe to our RSS feed and join our Continuous Innovation group! Mike Brown is an award-winning innovator in ...

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Reach Your Customers in Innovative New Ways

In the late 19th century people living in rural America had to go into town to their local store to buy the goods they needed. The selection was poor and the items were expensive. A young railway company agent, Richard Sears, decided to try a new approach. Together with a watchmaker, Alvah Roebuck, he set up a mail order catalogue ...

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The Business Plan Fallacy

As I’m reviewing business plans from college grads I’m mentoring (as an alumnae mentor at Brown Univ ) and from Glengary , the VC firm I’m a partner in, this whole business plan process is getting to me. So much of what I see in biz plans is, pardon the phrase, BS. We all know none of us believe any ...

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Intellectual Property Barriers Won't Stop Creativity

My great-grand-mother Jeanne started her own local couture business in Paris in the 1930s. She called her brand, or rather her house as people would say in those days, Micky. It was easy to memorize, it sounded fashionable, distinctive, and it was the short for her young daughter’s name Micheline. A few years later, quite unexpectedly, she got sued over ...

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Entrepreneurs Must Focus on Learning

The Entrepreneurial Mindset written by Rita Gunther McGrath and Ian MacMillan is one of the best resources available for organizational entrepreneurial strategy. While the book was written ten years ago in 2000, it still defines the methods for success for fast competitors who “move on ideas that others overlook and who confidently act while others dither.” One of the authors’ ...

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Choosing Optimism

The writer Douglas Coupland, coiner of the phrase GenX, is an ominous kind of guy. In a reverse mirror image, he’s calling himself a “radical pessimist” against my school of “radical optimism.” By radical I’m not just meaning extreme, but consciously applied, as per the Rules for Radicals classic by late veteran activist Saul Alinsky. Coupland’s school of radical pessimism ...

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5 Ways To Improve Your Innovation Pipeline

How healthy is your company’s innovation pipeline? Is it already operating at peak performance, helping you pump out a torrent of new growth opportunities across product, market, and industry spaces? Or would it be fairer to say that there is still room for improvement? If so, allow me to suggest five design rules for enlarging and enhancing your innovation pipeline. ...

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