How Do I Start Your Own Business?

Strategy Driven

It requires a significant amount of your time and concentration to start a new business. To start this adventure, you need to know that you will eat and work with bread until you have a solid business and you can get it on track. There are various opinions about how to start a business.

The Problems With Incubators, and How to Solve Them

Harvard Business Review

Inexperienced friends and family (and, increasingly, crowdsourced investors) lack the ability to gauge the viability of a business, or to mentor naïve entrepreneurs. This knowledge gap, I have come to believe, is best filled by savvy incubators. However, there are over 7,500 business incubators around the world. The first business incubator in the U.S. In the last couple of years, we have seen a renaissance in the incubator business.

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How the U.S. Can Rebuild Its Capacity to Innovate

Harvard Business

has lost what Harvard Business School’s Willy Shih calls the “ industrial commons ”: indispensable production skills and capabilities. The invention of modern transistors, the adoption of standardized shipping containers, and the advent of low-cost assembly lines in East Asia lowered costs and created larger markets for televisions and radios, setting the stage for an Asian manufacturing powerhouse. Jetta Productions/Getty Images. Many U.S.

Design Thinking Is Fundamentally Conservative and Preserves the Status Quo

Harvard Business

But skepticism about design thinking has now begun to seep out onto the pages of business magazines and educational publications. The criticisms are several: that design thinking is poorly defined ; that the case for its use relies more on anecdotes than data; that it is little more than basic commonsense, repackaged and then marketed for a hefty consulting fee. Noctiluxx/Getty Images. When it comes to design thinking, the bloom is off the rose.

The Economy of Punishment

Harvard Business Review

And relatedly, how do we recognize a black-market innovator who may have all the talent of a Richard Branson or a Jay-Z, but lacks the opportunities for a leg-up in the formal economy? That is to say, given the applied "street smarts" and talent — the art of the hustle, the leadership and prowess of running a drug business — what is it all worth? We love hearing historical stories about Robin Hood-like men, about bank robbers, pirates and outlaws on the run.