While "valuation sensations" – young entrepreneurs who are worth more than a billion dollars – and VC outliers pique the imagination, they also distort our understanding of how entrepreneurship works in America and how and when it makes sense to get outside funding for a startup from strangers who want to be partners.
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Ultimately, to be a successful entrepreneur you need to be able to do ‘something’ better than anyone else, so keeping up with what are global best practices in the areas where you have experience and/or expertise is essential for keeping your entrepreneurial options open to you.
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From my latest blog post on HBR.org:
Pitching skills are widely considered fundamental to basic entrepreneurship, and this skill is taught, evaluated, and rewarded as part of almost any entrepreneurial education. The problem is that pitching is a waste of time and teaching this as a primary skill of entrepreneurship is misleading and sets the wrong priorities for aspiring entrepreneurs.
In this opinion piece on Knowledge@ Wharton, Derek offers a four-part test for how companies can evolve from “top draft picks” to “wily veterans.
LinkIn this article for Inc.com Will Yacowicz considers the implications of Derek's recent HBR article about entrepreneurs' real motivation.
Read MoreIn this blog post for the Harvard Business Review, Derek considers the motivation that lies beneath the surface with many entrepreneurs.
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In this article for the Wall Street Journal, Derek discusses why fixating on marketing in the early stages of a startup is a potentially fatal mistake.
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Watch Derek, along with many of New York's top entrepreneurs, answer questions as a panelist at this recent AppNexus event.
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In this op-ed, Derek considers whether the rampant use of off-color language somehow strengthens entrepreneurial cultures.
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Read this Q&A with Derek on Strategy & Business.
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"I am on a mission to improve the odds of building a sulf-sustaining business. I teach with these tools at Princeton which I am now making available to you, for free."
—Derek Lidow
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