Every generation needs a revolution - an entrepreneurial revolution
The management of a start up is a critical thing. This presentation covers the business model and the risk of having a start up This is about lean start up, and business model.
Thursday, August 18, 2016
Tuesday, August 16, 2016
Getting energized for entrepreneurship
Every generation needs a revolution - an entrepreneurial revolution
Rizal Philippines
August 16, 2016
At age 76, the veteran CEO is still energy, clear headed and very much energized. How does he do it. He says, he plays golf, he plays hard badminton, eats well and sleeps early. Above all he has the love of his life to energize him. (He believes in Napoleon Hill that says something about sex.)
So one needs strong cardiovascular health and general health to carry out the rigors of entrepreneurship and wealth building. This is an important lesson
Rizal Philippines
August 16, 2016
At age 76, the veteran CEO is still energy, clear headed and very much energized. How does he do it. He says, he plays golf, he plays hard badminton, eats well and sleeps early. Above all he has the love of his life to energize him. (He believes in Napoleon Hill that says something about sex.)
So one needs strong cardiovascular health and general health to carry out the rigors of entrepreneurship and wealth building. This is an important lesson
Innovate or die
Every generation needs a revolution - an entrepreneurial revolution
Rizal Philippines
August 16, 2016
I asked the veteran businessman and CEO with whom I brainstormed today why their family business on finance and chemicals are nowhere to be found now. He said the company and their current execs became dysfunctional. They continued to function as if the world was not changing, being as they were before, now and tomorrow; Being insane, ie expecting the business to grow without inputs and innovation, which according to Albert Einstein is insanity.
Innovate or die. They failed to innovate, so the company died While the detergent companies required more environment friendly chemicals for their detergent, their company produced what they knew how to produce. The detergent companies stopped buying from them and hence, no sales, no cash flow, no business.
History both local and foreign is filled with stories that failed to see the waves of changes that were upon them: Nokia, Pocketbell, Motorola, IBM and many many more This is one of the very few failures that I knew for not heeding: Innovate or Die
They forgot the basic lesson of what a business: an entity that creates and maintain customer.
The two important functions therefore are marketing and innovation.
Let us remember that
Rizal Philippines
August 16, 2016
I asked the veteran businessman and CEO with whom I brainstormed today why their family business on finance and chemicals are nowhere to be found now. He said the company and their current execs became dysfunctional. They continued to function as if the world was not changing, being as they were before, now and tomorrow; Being insane, ie expecting the business to grow without inputs and innovation, which according to Albert Einstein is insanity.
Innovate or die. They failed to innovate, so the company died While the detergent companies required more environment friendly chemicals for their detergent, their company produced what they knew how to produce. The detergent companies stopped buying from them and hence, no sales, no cash flow, no business.
History both local and foreign is filled with stories that failed to see the waves of changes that were upon them: Nokia, Pocketbell, Motorola, IBM and many many more This is one of the very few failures that I knew for not heeding: Innovate or Die
They forgot the basic lesson of what a business: an entity that creates and maintain customer.
The two important functions therefore are marketing and innovation.
Let us remember that
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