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Why Startups Fail: Six Issues to Avoid

Leading Blog

The four elements in the diamond collectively specify the opportunity : what the venture will offer and to whom; its plan for technology and operations; its marketing approach; and how the venture will make money. Marketing: How much to spend on marketing. . Marketing: How much to spend on marketing.

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The 5 Habits of Mind that Self-Made Billionaires Possess

Leading Blog

Imagine what Atari might have achieved if Steve Jobs had stayed there to develop the first mass market personal computer. Self-made billionaires effectively operate in a world of dualities—they seamlessly hold on to multiple ideas, multiple perspectives, and multiple scales. Patient Urgency. Management'

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It’s Time To Stop VCs Driving Entrepreneurship

The Horizons Tracker

For instance, according to standard investing metrics, to accrue a $1 billion valuation would require an expectation that the business would eventually secure pre-tax operating profits of around $200 million, which while certainly no walk in the park is equally not excessively ambitious.

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Instead of Optimizing Processes, Reimagine Them as Platforms

Harvard Business Review

As Feng Zhu and Nathan Furr observe in their article “ Products to Platforms: Making the Leap “: “In a product business model, firms create value by developing differentiated products for specific customer needs, and they capture value by charging money for those items.

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Is the Drone's Potential Being Shot Down Too Fast?

Harvard Business Review

In February, as part of an FAA spending bill, Congress ordered the agency to develop rules by 2015 that would allow military, commercial, and privately-owned drones to operate in U.S. Thus, mass-market drones clearly hold potential for what Paul Nunes and I call "big bang disruption." But that is about to change.

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The Internet of Things Needs Design, Not Just Technology

Harvard Business Review

” will be difficult for many companies to achieve — not for lack of technological expertise but because they’ll fail to recognize the value of design in connected product development. applications pushed technology to address B2B market requirements. This evolution to “Internet of Things (IoT) 2.0”

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Seeing Robots Everywhere

Harvard Business Review

Take the robot developed by a team at Carnegie Mellon's Robotics Institute to assist in autism research. Problem is: their professional setup costs $30,000 to assemble and a remote operator on a keyboard to run. It's very cute and approachable and responds to kids' behaviors toward it in engaging but low-key ways. The list goes on.