Last summer, I was lucky enough to be at the opening game of the new San Francisco 49ers stadium: the Levi’s Stadium. The game was an MLS (Major League Soccer) game with the San Jose Earthquakes hosting the Seattle Sounders. The 49ers wanted to christen the stadium with a non-NFL game. It wasn’t a sellout but they did fill 50,000 seats out of about […]
Entrepreneurial Attitude Across Countries
A fun part of being a professor is talking to entrepreneurs and learning from them. A few weeks ago, I was talking with a European CEO who had just moved his company to California. He has a pretty amazing business model, which is quickly evolving as they learn about the landscape of the industry. But in […]
The Startup Corporation: Taking Breakthrough Entrepreneurship to New Heights
High growth startups – and in some cases, new industries like social networks and internet content marketing – rely on breakthrough ideas to create new products. Established firms can benefit from the management ideas that guide these startups, and leverage them further due to an important advantage: their access to resources and networks that startups […]
Business Plans Should Move to the Back Seat
Entrepreneurship, at least from the perspective of teaching and competitions, is all about business plans. This, however, is the wrong focus. New ventures, whether a new startup or a new idea in an established company, are about discovery. The more an entrepreneur wants to build a new market or change the parameters of an existing […]