Second Stage Entrepreneurship


Book Description

Second Stage Entrepreneurship shows the aspiring entrepreneur how to create significant growth as their company scales its way to the top through the development of organizational structure; from setting up an effective company culture; to structuring an effective sales team; to helping create stand out customer interactions.




Growing Beyond Small


Book Description

Education and training for nascent entrepreneurs is available from colleges, universities, and nonprofit organizations throughout the United States. However, research suggests that the long-term effectiveness of entrepreneurship training programs is questionable. With the high rate of business failure, it is plausible to suggest that the training needs of practicing entrepreneurs are different than those of nascent entrepreneurs. The purpose of this study was to identify gaps in training as it pertains to practicing entrepreneurs who want to grow their businesses. As such, the research set out describe: 1) the mindsets of growth-minded entrepreneurs in Northeast Wisconsin; 2) the activities growth-minded entrepreneurs in Northeast Wisconsin deployed to cross the threshold from a first-stage to a second-stage level business; and 3) the pivotal relationships that propelled the Northeast Wisconsin growth-minded entrepreneur's movement from first-stage to second-stage. This three-article dissertation begins with a literature review followed by a qualitative phenomenological study of 11 entrepreneurs in Northeast Wisconsin who crossed, or where in the process of crossing, the threshold from first-stage to second-stage. Qualitative data were collected through semi-structured interviews and analyzed using multiple coding approaches including In Vivo. The third article is a descriptive study comparing current entrepreneurship education and training programs to the phenomenological study's findings. Research findings suggest that a gap exists between what is being taught and the actual training needs of practicing entrepreneurs. In order for entrepreneurs to grow and sustain their business, the gap needs to close. It can be closed by the entrepreneur hiring individuals with those skills, or by the entrepreneur personally acquiring the skills. The implications for the research are the practical advice and training for entrepreneurs, educators, trainers, and economic development organizations. The seven training topics that specifically address the necessary skills a practicing entrepreneur needs include: financials; strategic planning; system and processes development; human capital development, communication; leadership; and, strategic relationship development.




Biotechnology Entrepreneurship


Book Description

As an authoritative guide to biotechnology enterprise and entrepreneurship, Biotechnology Entrepreneurship and Management supports the international community in training the biotechnology leaders of tomorrow. Outlining fundamental concepts vital to graduate students and practitioners entering the biotech industry in management or in any entrepreneurial capacity, Biotechnology Entrepreneurship and Management provides tested strategies and hard-won lessons from a leading board of educators and practitioners. It provides a ‘how-to’ for individuals training at any level for the biotech industry, from macro to micro. Coverage ranges from the initial challenge of translating a technology idea into a working business case, through securing angel investment, and in managing all aspects of the result: business valuation, business development, partnering, biological manufacturing, FDA approvals and regulatory requirements. An engaging and user-friendly style is complemented by diverse diagrams, graphics and business flow charts with decision trees to support effective management and decision making. Provides tested strategies and lessons in an engaging and user-friendly style supplemented by tailored pedagogy, training tips and overview sidebars Case studies are interspersed throughout each chapter to support key concepts and best practices. Enhanced by use of numerous detailed graphics, tables and flow charts




Why Startups Fail


Book Description

If you want your startup to succeed, you need to understand why startups fail. “Whether you’re a first-time founder or looking to bring innovation into a corporate environment, Why Startups Fail is essential reading.”—Eric Ries, founder and CEO, LTSE, and New York Times bestselling author of The Lean Startup and The Startup Way Why do startups fail? That question caught Harvard Business School professor Tom Eisenmann by surprise when he realized he couldn’t answer it. So he launched a multiyear research project to find out. In Why Startups Fail, Eisenmann reveals his findings: six distinct patterns that account for the vast majority of startup failures. • Bad Bedfellows. Startup success is thought to rest largely on the founder’s talents and instincts. But the wrong team, investors, or partners can sink a venture just as quickly. • False Starts. In following the oft-cited advice to “fail fast” and to “launch before you’re ready,” founders risk wasting time and capital on the wrong solutions. • False Promises. Success with early adopters can be misleading and give founders unwarranted confidence to expand. • Speed Traps. Despite the pressure to “get big fast,” hypergrowth can spell disaster for even the most promising ventures. • Help Wanted. Rapidly scaling startups need lots of capital and talent, but they can make mistakes that leave them suddenly in short supply of both. • Cascading Miracles. Silicon Valley exhorts entrepreneurs to dream big. But the bigger the vision, the more things that can go wrong. Drawing on fascinating stories of ventures that failed to fulfill their early promise—from a home-furnishings retailer to a concierge dog-walking service, from a dating app to the inventor of a sophisticated social robot, from a fashion brand to a startup deploying a vast network of charging stations for electric vehicles—Eisenmann offers frameworks for detecting when a venture is vulnerable to these patterns, along with a wealth of strategies and tactics for avoiding them. A must-read for founders at any stage of their entrepreneurial journey, Why Startups Fail is not merely a guide to preventing failure but also a roadmap charting the path to startup success.




Entrepreneur Revolution


Book Description

A no-nonsense, implementable handbook for taking part in the Entrepreneur Revolution We are living in revolutionary times; times with an impact as significant and far-reaching as the previous Industrial Revolution was to the Agricultural Age. Technological shifts have allowed micro-businesses to compete with large corporations. Small business can now have a global footprint, can be structured in low tax environments, move products anywhere in the world, and access unprecedented levels of support. Entrepreneur Revolution means taking the initiative to do something that you love, something that you’re good at, and something that will make you money. This masterclass in gaining an entrepreneurial mindset will show how to change the way you think, the way you network, and the way you make a living. Includes new statistics, activities, case studies, and research Takes a look at how the brain can affect the entrepreneurial mindset Offers new ideas for entrepreneurs starting a new business Helps you shake off old ideas and make a great, independent leap forward This inspiring and practical book shows you how to break free from The Industrial Revolution mindset, quit working so hard, follow your dream—and make a fortune along the way.




Connecting People with Jobs Evaluating Latvia's Active Labour Market Policies


Book Description

This report on Latvia is the sixth country study published in a series of reports looking into how policies connect people with jobs. It focuses on Latvia's long-term unemployed and those at risk of long-term unemployment.




Entrepreneurship in Transition Economies


Book Description

This book presents a state-of-the-art portrait of entrepreneurship in the transition economies of Central and Eastern Europe (CEE) and the Commonwealth of Independent States (CIS) as well as Georgia and Ukraine. Based on new empirical evidence, it highlights major trends in, characteristics and forms of entrepreneurship common to countries in transition. The contributions cover topics such as levels of opportunity-based entrepreneurship, incentives for innovation, dominance of large-scale international corporations, the role of family businesses, and opportunities for grass-roots entrepreneurship. The first part of the book focuses on theoretical considerations regarding the establishment of sustainable entrepreneurial ecosystems and private business. In turn, the second part offers cross-border studies of entrepreneurial environments and activities, while the third and fourth present case studies on the current state and unique characteristics of entrepreneurship in various countries of the CEE and CIS as well as Georgia and Ukraine. Finally, the last parts discuss the role of institutions and policy recommendations.




Patterns of Entrepreneurship


Book Description

Launch this year’s most important new venture––your entrepreneurial career! Few things are more exciting and challenging than starting your own business. But before you can go public, you’ll need practical skills and real-world experience. That’s why Jack Kaplan and new coauthor Anthony Warren take a highly applied approach to entrepreneurship. In Patterns of Entrepreneurship, Second Edition, the authors involve you in real cases, allowing you to think through various aspects of launching a new business, just as if you were running the company. They present key issues from a practitioner’s point of view, and equip you with the skills, tools, and framework you need to succeed. Now revised, their Second Edition includes four new chapters: Chapter 5, Financing the Closely Held Company; Chapter 6, Equity Financing for High Growth; Chapter 8, Business Models; and Chapter 12, Communicating the Opportunity and Making a Presentation. Key features A Focus on Real Entrepreneurs. Examples and case studies demonstrate the problems and solutions that real entrepreneurs have encountered in their own businesses. A Clear Road Map for Success. The book’s road-map framework identifies practical tasks that you will accomplish as you work through the four stages of entrepreneurship: starting the venture, financing, implementation, and launching entrepreneurial businesses. Opportunities for Practice. Examples and exercises provide you with opportunities to apply skills before actually launching a business. Insights from Experienced Entrepreneurs. The authors share the experience and wisdom they gained from launching their own successful ventures. Extensive Supplemental Material. Additional cases, audio interviews, demonstrations of financial concepts, sample business plans, and legal documents are all available on the book’s website.




Beyond Entrepreneurship 2.0


Book Description

______________________________ NEARLY THIRTY YEARS AGO, Stanford University faculty members Jim Collins and Bill Lazier showed you how to turn an entrepreneurial business into an enduring great company. Beyond Entrepreneurship became a leadership staple, particularly among small and early-stage companies. And while Collins would go on to write a series of famous bestsellers that have sold more than ten million copies worldwide, this lesser-known early work remains the favourite of many of his loyal readers. Now, with Beyond Entrepreneurship 2.0, Collins re-shares the timeless insights in Beyond Entrepreneurship alongside new perspectives gleaned after decades of additional research into what makes great companies tick. In Beyond Entrepreneurship 2.0, you'll learn how to turn your company into the 2.0 version of itself. You'll be challenged to grow your own leadership as your company grows, from 1x to 2x to 5x to 10x. You'll learn Collins's newest reflections on people decisions, insights that extend beyond his seminal "first who" principle about getting the right people on the bus. You'll learn why luck favours the persistent, and what it means to look for "who luck." You'll learn about the origins of the "BHAG" (Big Hairy Audacious Goal), and why even a small business needs a galvanising BHAG to have a complete and inspiring vision. You'll also unlock what Collins calls "The Map." The Map is a road map that pulls together the key concepts developed from thirty years of research and writing into one integrated framework for building a company that delivers superior results, makes a distinctive impact, and achieves lasting endurance. Finally, you'll learn the lessons that Jim Collins himself learned from the most influential mentor in his life, Bill Lazier. Beyond Entrepreneurship 2.0 is the ambitious upgrade to a classic. In Beyond Entrepreneurship 2.0, you'll discover that the goal to turn your business into an enduring great company is as relevant - and as within your reach - as ever.




The Second Decision


Book Description

Are you the right person to lead your company? You’re in the driver’s seat of a growing company that an entrepreneur—possibly you— made the First Decision to start. Now, imagine your Board of Directors asking you question after question about your business knowledge and decision-making process. Pass—you leave the meeting knowing you have the skills to lead your organization for the next three years. Fail—you are put on an improvement plan or need to fi nd a replacement. Author Randy H. Nelson knows that business doesn’t work this way—the majority of Entrepreneurial CEOs are not required to be Qualifi ed to lead their organizations. In The Second Decision, Randy has combined his 6 years of Naval service, 25 years of business experience, and thousands of hours with business leaders to develop, The Entrepreneur Qual Card™. Chapter by chapter, you will discover whether you are a Leader that will put the company on your shoulders, a Role-Player that takes another position in the company, or a Creator that moves on to the next big idea. Determine your role and make the hard leadership decisions to help your company beat the odds and keep growing for years to come. Whichever role suits you best, The Second Decision will give you the self-awareness and the step-by-step guide to be—or to train—the Qualifi ed leader that your company needs.