it’s not the failing, it’s the learning

it’s not the failing, it’s the learning

This is one of my favorite business lessons. Told well by Peter Greulich. IBM had survived The Great Depression. Gambling on a post-war boom, Watson Sr. had maintained IBM’s employment levels by increasing inventories when there was little demand. Excess machinery and...
Indianapolis Lemonade Day 2017

Indianapolis Lemonade Day 2017

Lemonade Day Indianapolis is May 20, 2017. If you have or care about children and their futures, here is what you need to do: Watch this video – comment and share Learn more about  Lemonade Day Indianapolis  or other Lemonade Days GET...
Markets: Developed or Discovered?

Markets: Developed or Discovered?

Hard Truths Let’s start with two truths that are difficult, but important for entrepreneurs to hear: Only 1 out of about every 10 startups goes on to become a functioning company. The biggest reason that startups fail is because they build something that no one wants...
The Startup Guide to Equitable Equity

The Startup Guide to Equitable Equity

One of the many talents that successful entrepreneurs possess is the ability to use what they have to get what they need to start and sustain their businesses. Since early-phase entrepreneurs often lack cash, some variation of the question “can I pay for this with...
Delegation: The Art of Accountability without Blame

Delegation: The Art of Accountability without Blame

One of the greatest challenges for any entrepreneur is delegation: giving responsibility for some key part of growing the business to someone else. The analogy is hackneyed, but accurate: we think of our businesses as our children, and no one can take care of our...

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