The goal of strategic design thinking is to understand and solve a problem for its consumer. This method is applied to the design of intangible services and processes, which is an idea we have become familiar with in the new Age of Experience.
Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one – someone to share the workload, the hard decisions, and the costs. In a moment of crisis, you may be tempted to take on the first person expressing interest as a cofounder. This would be a mistake, and could easily cost you your startup.
I have long thought movie stars and sports heroes were drastically overpaid in comparison to their contributions to society. For example, teachers are teaching future generations of kids, and get paid pennies in comparison. And, even well-paid doctors saving lives, are paid a small fraction of what a basketball star gets paid to simply play […]
A look at whether you should you be running multiple companies at the same time…
How to get started as a mentor, how to have the greatest impact, and enjoy the role at the same time.
The worst we can do as Founders is holding on too tightly to a startup that’s not meant for this world. It’s not about giving up — it’s about knowing when to move on.
According to The Washington Post and WSJ, the economy has been slowing down around the world, and the US will follow suit before 2019 ends. Yet if you wait for an economy bubble before starting your new business, you will be making a comparable mistake to the people who thought during the dot-com bubble.
It’s unlikely that the gender wage gap will close before 2057. And that’s a conservative estimate. I can’t help but think about how countries, specifically, the U.S., need to do a better job tackling wage equality. Only six countries give women the same legal rights as men, and the U.S. is far from being one of them. In 2018, the U.S. didn’t place in the top 10, or even top 50, in the World Economic Forum’s ranking of 149 countries based on gender equality.
The first thing that entrepreneurs need to realize is that the process and framework for making social media marketing work are different from traditional marketing, and trial and error certainly doesn’t work.
The one area of investment focus that fully spans both our funds is consumer goods. We think these are the categories of products with the greatest emotional power in 2019.
Leaders practice ownership thinking well before they were actually in an ownership position. Yet I find that most employees I know limit their scope of thinking to the specific role they are assigned, and rarely tune their thinking and results to the following key principles that every business owner can relate to.