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What valuable company is nobody building ?
Inspiration is the single most important factor in success. It has launched and propelled thousand of companies. Utilize research as a tool for inspiration to get yourself new 'ideas that built companies.
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MORE IDEAS ON THIS
A theory of business has three parts
- Assumptions about the environment of the organization: Society and its structure, the market, the customer, and technology.
- Assumptions about the specific mission of the organization.
- Assumptions about the core competencies needed to accomplish the organization’s mission.
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Try things out “iterate”
Treat entrepreneurship as agnostic experimentation.
Sometimes your business might be doing the right things but your assumptions about the market, about customers and competitors, technology, strengths and weakenesses of your company are wrong.
The company’s theory of the business....
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65 reads
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IDEAS CURATED BY
Other curated ideas on this topic:
Factors that influence language diversity
One research group tried to understand which factors had the most influence of language diversity in different areas, using statistical techniques that combined ideas from linguists, ecologists, evolutionary biologists, and geographers.
They found that the most important variables associa...
Disagreement is healthy
It is essential for success. It’s the hallmark of an engaged and involved team member. And it opens the way for testing and improving new ideas.
It should also be treated as a chance to built trust and show mutual understanding.
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