Archive for 'Entrepreneurship'

The Power of Nuance of the Heart

Posted 12 September 2011 | By | Categories: Entrepreneurship | No Comments

In the wake of his recent retirement, much has been written about Steve Job’s peerless leadership and how he transformed not just his company, Apple, but the way we interact and live with media and technology. However long Apple manages to stay on top, there is no doubt that Jobs, with his angular genius, relentless [...]

It’s Time to Fire Some of Your Customers

Posted 23 August 2011 | By | Categories: Entrepreneurship | No Comments

As we move into volatile times (again), business leaders more than ever need to maniacally focus on the few customers that matter most to them — and spend much less time on the rest. The customer may always be right, but not every customer is right for you. Some years ago, when our venture firm [...]

Learning Optimism with the 24×3 Rule

Posted 26 July 2011 | By | Categories: Entrepreneurship | No Comments

One of my greatest mentors was the late Jay Chiat of TBWA Chiat Day, an iconoclast in the field of advertising with a constant imagination for possibilities in business and life. Jay embodied the three traits of a “lucky attitude” that I described in my last post: humility, intellectual curiosity, and optimism. Of these three [...]

Why Some People Have All the Luck

Posted 06 July 2011 | By | Categories: Entrepreneurship | No Comments

Some business builders just seem to have more luck than others. In fact, many of the entrepreneurs and business builders I know say luck is a driving factor in their success. But luck in business isn’t entirely, well, luck. There’s a popular saying that “you make your own luck.” This “make your own luck” principle [...]

Three Reasons Everything Goes Better with Partners

Posted 05 July 2011 | By | Categories: Entrepreneurship, Management | No Comments

Successful entrepreneurs and innovators might be strong-willed individuals with unique dreams, but they aren’t do-it-yourselfers. Leaders might be singled out for their accomplishments, but the best of them walk hand in hand with strong partners. Even “solopreneurs,” a new term for people who work alone, need a support system. The teammates by your side are [...]

Five Tough Questions Every Entrepreneur Must Ask about Growth

Posted 13 June 2011 | By | Categories: Entrepreneurship | No Comments

Getting a venture underway is often easier than keeping it going and growing. At each major stage from start-up to sustainable success, entrepreneurs face tough questions about shifting gears, making major changes, and letting go of people, partners, and products. For new businesses, inability or unwillingness to change can land them in the statistics about [...]

Strategy on One Page

Posted 01 June 2011 | By | Categories: Entrepreneurship | No Comments

My partner Mats Lederhausen, formerly worldwide head of strategy for McDonald’s, introduced me to “Strategy Trees.” The concept is, like most useful things, deceptively simple. It forces you to get at the heart of what you are trying to achieve. The “tree” analog comes from the linkage between the questions in a Strategy Tree. Start [...]

248: Rebooting America’s Job Engine

Posted 20 May 2011 | By | Categories: Economics, Entrepreneurship, Podcasts | No Comments

Henry Nothhaft, serial entrepreneur and author of “Great Again: Revitalizing America’s Entrepreneurial Leadership.” Click here to view full post and listen to podcast

Getting to the Land of Must-Haveness, Faster

Posted 04 May 2011 | By | Categories: Entrepreneurship | No Comments

Lately I have been spending a lot of time with some of our portfolio company CEOs talking about how to differentiate their products and services. How should they think about their value or selling proposition? How can they best measure their success? For our portfolio businesses (especially those in digital media and information services) and [...]

The Five-Step Failure Checklist

Posted 12 April 2011 | By | Categories: Entrepreneurship, Podcasts | No Comments

For HBR’s April issue on failure, I penned a piece on the experience of going through a failed IPO. In one context or another, you’ve likely failed, too. You may have chosen to frame it some other way (“experience,” “lessons learned,” etc.), but it was failure. First, welcome to the club. We’ve all been there. [...]

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