Business in Action, 6th Ed.
Chapter 1: Developing a Business Mindset
Look beyond the economic forecasts and revenue reports and there is a bounty of interesting facts and figures.
"There are lies, there are big lies, and then there are myths.
"A business model is an outline of how a company plans to make money with its product and customer base in a specific market.
"Steer clear of these traps if you're planning to manage a business from home.
"Chris Zook explains how you can fight bureaucracy by thinking like a founder.
"Leadership comes in many packages.
"In the last five years “Lean Startup” methodologies have enabled entrepreneurs to efficiently build a startup by searching for product/market fit rather than blindly trying to execute.
"Predictable Success author Les McKeown [photo, left] understands why some business founders find the “startup mentality” so appealing.
"Movies are also a great way for leaders to learn about leadership on their own!"
"Here’s a list of my 20 favorite leadership movies, updated with links to purchase the DVD on Amazon.
"Imagine that you’re sitting at a poker table.
"Making mistakes is a great way to learn tough lessons, but can be costly in terms of time and resources.
"I asked a few highly successful founders to share their advice for other entrepreneurs going through a rough patch.
Explore a host of topics for managing a business by visiting this website published by the Small Business Administration.
"Analyze your start-up like an actuary.
"What do Silicon Valley and Stockholm have in common?
“I have seen many successful people fail after they start fearing they might lose what they have built.
Maggie Zhang, editorial intern at BusinessInsider.
"Recently, the Young Entrepreneur Council (YEC) contacted top business leaders to ask the question, 'What’s the worst business advice somebody gave you when you were starting your business (and how did you prove them wrong)?
"Following is my list of 12 stupid startup stumbles.
According to Dan Waldschmidt (photo, left), "Sometimes your best effort isn’t good enough to land you the deal.
In this visit with the Young Entrepreneur Council the question posed is, "What are your best tips for recovering from major mistakes?
In 2007, Stanford professor B.
For more than a decade, Google has been the company to beat.
There's an old saying in startups: "being early is the same as being wrong.