June 3, 2015
To transform an idea into a self-sustaining enterprise, you must possess self-awareness, understand the basics of enterprises, know how to build relationships, how to leverage motivation, and how to lead change. A personal leadership strategy, or PLS, is a plan of action for acquiring and mastering those basic skills.
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May 6, 2015
Brian O’Kelley used to be good at getting fired from startups — even startups he founded. Less than a decade ago, he was on a trajectory to become one of the smartest people who nobody wanted to work with.
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April 29, 2015
DEKA's business model is to get paid by big companies to develop new technologies, which DEKA then licenses to the big company to use; they are perpetually in stage one. DEKA has never dealt directly with consumers, nor has it manufactured or sold the products it produces - with the exception of one attempt.
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April 7, 2015
Ask an entrepreneur about the company’s strategy and you are likely to hear a lot about a revolutionary idea, a disruptive innovation, or maybe an ingenious business model. All of those things are worthy pursuits, but entrepreneurial strategy, in its essence, is profoundly simple. The overriding goal is to get the fledging enterprise to the next stage of maturity. Any activity that isn’t focused on getting to the next stage is a waste of effort, time, and money.
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March 31, 2015
The fledgling entrepreneurs I mentor often have no shortage of strategies: ambitious business plans, technology strategies, market strategies, and sometimes even exit strategies. But when I ask them to describe their personal leadership strategies they often give me blank looks. A personal leadership strategy, or PLS, is a plan of action for acquiring and mastering the skills required to take an idea to a self-sustaining enterprise: self-awareness, the basics of enterprises, relationship building, motivation, and change leadership.
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March 3, 2015
As history has shown, CEOs shouldn’t fear new technologies or products, but rather entrepreneurial leaders able to execute new ideas in their industries.
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February 3, 2015
As a professor of leadership and entrepreneurship, I hear this question a lot. While I encourage my students and mentees to develop their talents, I also remind them skills will only take them so far.
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February 2, 2015
Jerry, a 40ish first-time entrepreneur with world-class technical skills, came to me despondent the other day. His head of sales and head of marketing hate each other, he told me. He didn’t want to choose between them, but was afraid he could lose them both of them if he didn’t.
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December 6, 2014
The other day a young and driven entrepreneur I have been mentoring asked me how she should go about estimating the investment in training she will need for about a dozen people she needs to hire in early 2015. I responded that there are no tradeoffs between training and budget; world-class training comes naturally with inspired startup leadership.
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November 21, 2014
Research on the causes of entrepreneurial failure is often confusing and contradictory, but most investors and successful entrepreneurs agree that five common mistakes are potentially fatal.
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