February 23rd, 2011 → 1:19 pm @ Norman
I am increasingly realising that teaching people how to be entrepreneurs and more importantly how to become successful as an entrepreneur is definitely learned and is not innate.
As I say many times in my book, there are some people who instinctively act in an entrepreneurial manner – but these are skills that can be acquired. You are not born an entrepreneur. (more…)
February 16th, 2011 → 5:57 am @ Norman
Hard questions demand hard answers. Here’s my slide deck that I use teaching entrepreneurship to students.
February 14th, 2011 → 6:03 am @ Norman
It’s not the strongest of the species that survive, nor the most intelligent, but the one that is most responsive to change.
Companies have a fairly predictable life cycle. They start with an innovation, search for a repeatable business model, build the infrastructure for a company, then grow by efficiently executing the model.
Over time, innovations outside the company (demographic, cultural, new technologies, etc.) outpace an existing company’s business model. The company loses customers, then revenues and profits decline and it eventually gets acquired or goes out of business. (Looking at the Dow-Jones component companies over time is a graphic example of this.) (more…)
February 7th, 2011 → 2:48 pm @ Norman
Mistaken ideas about the nature of entrepreneurship abound. This morning I sat in a meeting with various people involved in economic development. One had just returned from an academic conference on entrepreneurship. He reported that only about 10% of entrepreneurs started commercial companies …say again! (more…)
February 4th, 2011 → 12:08 pm @ Norman
I have been doing some research with my team into Universities who are teaching entrepreneurship classes. This has been very interesting indeed.
We believe that
We have published the list on Google Docs if you are interested in downloading a copy – or editing and updating our information.
January 21st, 2011 → 5:59 am @ Norman
Mr Evans’ book contains an entrepreneurial balance sheet assessing the typical entrepreneur…. Most failures he has witnessed result from three causes – stupidity, greed and laziness.
Most entrepreneurs he knows have a mix of fear and arrogance – fear of failure that pushes through all obstacles to reach their goals and an arrogance that drives them to take risks others won’t.
“They are simply experts in getting innovative new businesses started. It is an expertise which can be learned by many.”
You can download the document here.
Or read her text in full (more…)