Market Logic

Market Logic of a Business: Seven Fundamental Questions

One of the questions we often see in our work is about whether and how to launch a business that doesn’t yet exist.  This question comes up both in the context of early stage start-ups shaping their strategy and in the context of teams in larger companies considering the launch of new businesses. Answering this… Read more » Read more

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What is Entrepreneurship?

A recent conversation brought me back to Howard Stevenson’s classic definition of entrepreneurship (see Eric Schurenberg’s Inc. piece for a useful elaboration): Entrepreneurship is the pursuit of opportunity without regard to resources currently controlled Over a long enough time horizon, almost any significantly ambitious person’s quest begins to take on a significant element of entrepreneurship… Read more » Read more

Part 5

Deliberate Practice in the Making of Large Things

Where a practice session in sports or music might last a couple of hours, a writer trying a new novelistic form, in order to stretch his way of writing, or an entrepreneur learning to build a company in a new way, plays on a practice field that might have a span of several years. The… Read more » Read more