Until recently, senior managers believed that all they had to do to promote entrepreneurship at their company was continue with their own search for new business opportunities. Today, the current trend is to share this responsibility with the entire organization, and top executives no longer have the role of “hunters” of new business opportunities. Now they […]
Stadium Economics
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 […]
What do we learn from Uber? Mistakes an Entrepreneur should avoid
If you ever ride a cab in Madrid, you can be sure of having an entertaining and engaging conversation with the taxi driver about everything from sports to politics and from business to philosophy. Last year, during one of my visits to Madrid, I had an interesting conversation about Uber with the taxi driver. During those days taxi […]
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 […]
Entrepreneurs on Hostile Ground: 5 Lessons from Eastern Europe
The fall of the Berlin Wall, which happened exactly 25 years ago, marked the dawn of a very complex transitional period for Eastern European countries. Yet even amid the tough environment, some entrepreneurs were able to overcome all the barriers and start businesses, some of which have since become thriving multinationals. At that time, entrepreneurs […]
