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Four Questions to Ask Before Scaling Your Business

Strategy Driven

This may seem like an odd statement coming from a entrepreneur turned venture capitalist and professor who has spent the last few years in my role at Carnegie Mellon studying scaling startups and teaching a popular graduate course titled The Science of Growth that was recently turned in as a book.

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6 Ways to Keep Good Ideas from Dying at Your Company

Harvard Business Review

For example, at Lowe’s, the $53 billion retailer, Lowe’s Innovation Labs has a team that collaborates with outside startup companies to build prototypes. And he cautions that trying to apply “conventional retail metrics” will kill any idea “that looks remotely different from what is currently out there.”

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How the Internet of Things Changes Business Models

Harvard Business Review

Two hundred and fifty years after the start of the Industrial Revolution, this pattern of activity plays out every day, at your local big box electronics retailer or department store. And when feature innovation eventually proved to be too incremental, price competition would ensue, and products would become obsolete.

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What Inclusive Urban Development Can Look Like

Harvard Business Review

After repurposing many of the original structures and facades, the district is now evolving into a retail, restaurant, arts, and culture destination, a forum for local events, a flexible work space for businesses, and a residential area, all while evolving its manufacturing with 21 st century operations.

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India's Exploding Digital Economy

Harvard Business Review

Recently, I had the privilege of moderating a conference of global entrepreneurs and venture capitalists in Mumbai — an event called Founders Forum India. It's a reflection of what's happening in the domestic retail space more broadly. billion e-commerce sector, says Avendus).

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Why Are Immigrants More Entrepreneurial?

Harvard Business Review

Successful companies such as Starbucks (inspired by coffeehouses in Italy) and the German online retailer Zalando (inspired by Zappos) exemplify the potential of this strategy. The business opportunities they came up with were rated by four venture capitalists and industry experts blind to the source.

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Technological Know-How Is a Job Requirement

Harvard Business Review

Big-box retailers, like Best Buy, now have large, fast growing e-commerce businesses. Venture capitalists are creating software engineering academies in their own cities. The New York Times and other traditional publishers are launching digital products tailored to the mobile web.