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The Unicorn's Shadow

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Release : 2020-06-23
Genre : Business & Economics
Kind : eBook
Book Rating : 972/5 ( reviews)

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Book Synopsis The Unicorn's Shadow by : Ethan Mollick

Download or read book The Unicorn's Shadow written by Ethan Mollick. This book was released on 2020-06-23. Available in PDF, EPUB and Kindle. Book excerpt: Bringing hard data to the way we think about entrepreneurial success, this bold call to action draws on the latest scientific evidence to dispel the most pervasive startup myths and light a path to entrepreneurship for those eclipsed by the hype. When you think of a successful entrepreneur, who comes to mind? Bill Gates? Mark Zuckerberg? Or maybe even Jesse Eisenberg, the man who played Zuckerberg in The Social Network? It may surprise you that most successful founders look very different from Zuckerberg or Gates. In fact, most startup origin stories are very different from the famous "unicorns" that have achieved valuations of over $1 billion, from Facebook to Google to Uber. In The Unicorn's Shadow: Combating the Dangerous Myths that Hold Back Startups, Founders, and Investors, Wharton School professor Ethan Mollick takes us to the forefront of an empirical revolution in entrepreneurship. New data and better research methods have overturned the conventional wisdom behind what a successful founder looks like, how they succeed, and how the startup ecosystem works. Among the issues he examines: Which founders are most likely to succeed?Where do the best startup ideas come from?What's the most foolproof way of securing the funding needed to take a company to the next level?Should your sales pitch really be something out of Hollywood?What's the best way to grow and scale your company and create a thriving culture that won't hinder expansion? Mollick argues that entrepreneurship is too important, both for society and for the individuals who start companies, to be eclipsed by the shadows of unicorns. He shows we can democratize entrepreneurship—but only by following an evidence-based approach that puts to rest the false narratives that surround it.

Why Startups Fail

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Release : 2021-03-30
Genre : Business & Economics
Kind : eBook
Book Rating : 027/5 ( reviews)

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Book Synopsis Why Startups Fail by : Tom Eisenmann

Download or read book Why Startups Fail written by Tom Eisenmann. This book was released on 2021-03-30. Available in PDF, EPUB and Kindle. Book excerpt: If you want your startup to succeed, you need to understand why startups fail. “Whether you’re a first-time founder or looking to bring innovation into a corporate environment, Why Startups Fail is essential reading.”—Eric Ries, founder and CEO, LTSE, and New York Times bestselling author of The Lean Startup and The Startup Way Why do startups fail? That question caught Harvard Business School professor Tom Eisenmann by surprise when he realized he couldn’t answer it. So he launched a multiyear research project to find out. In Why Startups Fail, Eisenmann reveals his findings: six distinct patterns that account for the vast majority of startup failures. • Bad Bedfellows. Startup success is thought to rest largely on the founder’s talents and instincts. But the wrong team, investors, or partners can sink a venture just as quickly. • False Starts. In following the oft-cited advice to “fail fast” and to “launch before you’re ready,” founders risk wasting time and capital on the wrong solutions. • False Promises. Success with early adopters can be misleading and give founders unwarranted confidence to expand. • Speed Traps. Despite the pressure to “get big fast,” hypergrowth can spell disaster for even the most promising ventures. • Help Wanted. Rapidly scaling startups need lots of capital and talent, but they can make mistakes that leave them suddenly in short supply of both. • Cascading Miracles. Silicon Valley exhorts entrepreneurs to dream big. But the bigger the vision, the more things that can go wrong. Drawing on fascinating stories of ventures that failed to fulfill their early promise—from a home-furnishings retailer to a concierge dog-walking service, from a dating app to the inventor of a sophisticated social robot, from a fashion brand to a startup deploying a vast network of charging stations for electric vehicles—Eisenmann offers frameworks for detecting when a venture is vulnerable to these patterns, along with a wealth of strategies and tactics for avoiding them. A must-read for founders at any stage of their entrepreneurial journey, Why Startups Fail is not merely a guide to preventing failure but also a roadmap charting the path to startup success.

Disciplined Entrepreneurship

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Release : 2013-08-12
Genre : Business & Economics
Kind : eBook
Book Rating : 284/5 ( reviews)

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Book Synopsis Disciplined Entrepreneurship by : Bill Aulet

Download or read book Disciplined Entrepreneurship written by Bill Aulet. This book was released on 2013-08-12. Available in PDF, EPUB and Kindle. Book excerpt: 24 Steps to Success! Disciplined Entrepreneurship will change the way you think about starting a company. Many believe that entrepreneurship cannot be taught, but great entrepreneurs aren’t born with something special – they simply make great products. This book will show you how to create a successful startup through developing an innovative product. It breaks down the necessary processes into an integrated, comprehensive, and proven 24-step framework that any industrious person can learn and apply. You will learn: Why the “F” word – focus – is crucial to a startup’s success Common obstacles that entrepreneurs face – and how to overcome them How to use innovation to stand out in the crowd – it’s not just about technology Whether you’re a first-time or repeat entrepreneur, Disciplined Entrepreneurship gives you the tools you need to improve your odds of making a product people want. Author Bill Aulet is the managing director of the Martin Trust Center for MIT Entrepreneurship as well as a senior lecturer at the MIT Sloan School of Management. For more please visit http://disciplinedentrepreneurship.com/

Knowledge Spillover-based Strategic Entrepreneurship

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Release : 2016-11-03
Genre : Business & Economics
Kind : eBook
Book Rating : 263/5 ( reviews)

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Book Synopsis Knowledge Spillover-based Strategic Entrepreneurship by : João J. Ferreira

Download or read book Knowledge Spillover-based Strategic Entrepreneurship written by João J. Ferreira. This book was released on 2016-11-03. Available in PDF, EPUB and Kindle. Book excerpt: This book is about the role of knowledge spillovers and strategic entrepreneurship in the management context. It focuses on how knowledge spillovers and strategic entrepreneurship are crucial to the process of creative destruction and construction. The book aims to provide insights into and discussion on how firms combine entrepreneurial action that creates new opportunities for industries, regions and economies. This book is first of its kind to link knowledge management perspectives to strategic entrepreneurship to understand the co-creation process. Being interdisciplinary in nature, this book appeals to entrepreneurship and knowledge management scholars, students and practitioners.

Evidence-based Entrepreneurship

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Release : 2012
Genre : Business & Economics
Kind : eBook
Book Rating : 309/5 ( reviews)

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Book Synopsis Evidence-based Entrepreneurship by : Michael Frese

Download or read book Evidence-based Entrepreneurship written by Michael Frese. This book was released on 2012. Available in PDF, EPUB and Kindle. Book excerpt: Evidence-based Entrepreneurship introduces the concept of evidence-based entrepreneurship (EBE), discuss the implications of EBE, and sketches out its opportunities and limitations. The users of EBE can be the scientists themselves, professionals who deal with entrepreneurs, policy makers whose policies affect entrepreneurs, students of entrepreneurship, and last but not least the entrepreneurs themselves. Much of the review is related to the idea of meta-analysis -- a quantitative review of the scientific literature -- to help determine how strong certain relationships are, how often a relationship consistently appears across studies, and how much we can trust the methodological rigor of the research. A meta-analysis provides the best available type of evidence because it goes beyond one methodology, one study, and one researcher. Evidence-based Entrepreneurship provides a great opportunity that is relevant for practice and policy while strengthening the empirical and theoretical bases of entrepreneurship research. Practice can never be fully based on evidence; therefore, we talk about evidence-informed practice and evidence-based research suggestions. Both management and entrepreneurship show a gap between knowledge and practice - the knowledge-doing gap. Managers as well as entrepreneurs or professionals who deal with entrepreneurs often fail to take note of scientific evidence when making decisions and empirical research has shown that managers often take actions that are uninformed and sometimes even diametrically opposed to empirical evidence. In the area of entrepreneurship, one can often hear open disdain for scholarly work because professors have not yet "made their first million" - the foremost argument seems to be that only experience counts. The authors suggest that professionals who deal with entrepreneurs can profit from evidence-informed practice.

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