Why should a successful founder of a company voluntarily move on? Leading a company that you founded and built into a thriving enterprise is a heady experience. You get lots of attention. You get to tell everyone what to do.…
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The notion of corporate entrepreneurship has been around since the 1970s. But only recently has anyone candidly stated what history could have already taught us: “There is no such thing as a corporate entrepreneur.” So wrote Scott Kirsner for Harvard Business Review last year. Kirsner…
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Steve Jobs bestrides the recent history of entrepreneurialism like a colossus. He has been called the greatest entrepreneur of our time. He revolutionized at least three industries: computers, music, and movies. Bill Gates, Sergey Brin and Larry Page, Jeff Bezos, and Mark…
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When the meal-delivery service Munchery filed for bankruptcy in February of this year, it owed $3 million in unfulfilled customer gift cards. In essence, the company’s marketing had outlived the company itself. And therein lies a critical lesson for entrepreneurs: aggressively marketing…
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You’ve developed what you think is a great idea for a new product or service. But it’s complicated. To refine it, you need to find out how people react to it, how it might really work, and what you need…
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When Elon Musk took a hit of what was said to be marijuana in a video recording of the popular podcast “The Joe Rogan Experience” last September all hell broke loose. Tesla’s stock took a hit of its own, dropping more than…
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Mark Zuckerberg is at it again. On March 30, just 24 days after his bombshell blog about moving Facebook from an open platform to “privacy-focused” communications, he came back with an equally head-turning op-ed in the Washington Post. The new piece calls for global regulation…
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For 20 years Paul D. Reynolds worked as a sociology professor. Then he made the momentous career decision to focus on entrepreneurship. For the ensuing 23 years, he was affiliated with five business schools and served as the coordinating principal…
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Last month, federal prosecutors accused the founder of Mozido of criminal fraud and money laundering. The company was once one of the most highly valued financial startups in the U.S. Founded in 2008, its backers included asset management giant Wellington Management Co.…
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Would-be entrepreneurs of all ages come to me for advice about whether they should start a business and what it takes to succeed. They range from the students in my entrepreneurship classes at Princeton, through men and women at midlife…
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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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