The dynamism of an economy is determined by its organization. Crony capitalism is an organizational error that undermines innovation and value creation and produces inequality. An entrepreneurial organization is far superior.
In the new model of value, customers are the value creators. Firms are value facilitators, utilizing the 4V’s business model.
From all of this data, processed via his empathic diagnosis, Bart takes two perspectives on the CEO: the job and the person in it.
Veteran venture capital investor Pete Farner distills experience from four decades of entrepreneurship and investing on the Economics For Business Podcast #114. Passion, perseverance and intelligence are the three critical attributes he looks for in investable entrepreneurs, an insight drawn from a broad survey that we summarize here.
The concept of strategy came to business from the military. It has always been an inappropriate metaphor and, today, it’s a dangerous fallacy based on erroneous premises.
This week on the Economics For Business Podcast we were gifted the opportunity of reviewing and assessing a completed entrepreneurial journey, courtesy of Jacqui Boland, founder, CEO and now alumna of Red Tricycle, following the acquisition of the company by the corporate owner of tinybeans, a family photo sharing and journaling app.