The Visual Mba: Two Years of Business School Packed into One Priceless Book of Pure Awesomeness
Jason Barronamazon.com
The Visual Mba: Two Years of Business School Packed into One Priceless Book of Pure Awesomeness
Before diving head first into your idea, make sure it is feasible. You will be spending a lot of time on it so you’d better do some validation first. Look at your internal and external forces, and then map it out with a SWOT analysis.
Profit generated with money invested by shareholders. Net Income / Shareholder’s Equity (%) Net Profit Margin Efficiency at cost control in converting revenue into profit. The higher the number, the better. Net Profit / Net Sales
time. Believing that the future will be better will enable them to embrace the new beginning, relinquishing the past, and truly changing.
Entrepreneurial Management is about solving unknown problems (pain) with unknown solutions (innovation). The key to solving uncertainty is by identifying pain, and the key to finding the right solution is by experimentation.
As a leader, it is easy to have the vision in our minds but if we don’t communicate it effectively we will lose the war.
If you want to be happy in your job you need to hit the sweet spot. You need a balance of competence (really good at something), passion (need I say more?), and opportunity (there is a market need).
A: helps someone get over a hurdle, B: is distinct, C: creates a positive personal connection.
Differentiation just takes creativity. Look around and find some object. If you were selling that object, how would you differentiate it?