Harvard Business Review

AUGUST 20, 2018

Because the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. The mantra of “ first-mover advantage ,” the idea that winners are the ones who are the first entrants in their markets, became the conventional wisdom in Silicon Valley.

IPO 8

IPO First-mover Advantage Business Model Agility 8

Harvard Business Review

DECEMBER 8, 2011

The experience gave us some insights into a unique approach to innovation called jugaad , which entrepreneurs and enterprises are practicing in complex emerging markets like India. Jugaad innovators innovate better: Jugaad innovators recognize that consumers in emerging markets are low earners, but high yearners.

Innovation 19

Innovation Incubator Banking Hypercompetition 19

Harvard Business Review

SEPTEMBER 5, 2014

That''s what entrepreneur Steven Ma is betting on with his company ThinkTank Learning, which "makes bets on student admissions the way a trader plays the commodities markets." Olds tells Working Knowledge: “What I was seeing was reproducible and scientifically valid.

Creativity 10

Creativity Entrepreneur Open-book Constraint 10

Harvard Business Review

MAY 14, 2015

The buds of innovation are fragile, and are easily squashed by critique or a view of the competitive market environment. While many startups fail because of poor execution, I would argue that the majority fail because their product has no market. First, it’s easy to talk yourself out of a good idea. The difference is in intent.

Productivity 8

Productivity Products Reis Definition 8

Harvard Business Review

JUNE 3, 2011

One company that I worked with found that the accuracy of market forecasts for new-to-the-world ideas was roughly equivalent to using the results of a random number generator. Borrow from the Agile software development movement and push for many rapid development cycles instead of a single long cycle. They sincerely believe them.

Innovation 15

Innovation Market Segmentation Porter Sharpe 15

Harvard Business Review

MARCH 14, 2016

As of February 2016, the top 10 unicorns for market capitalization are: Uber, Xiaomi, Airbnb, Palantir, Meituan-Dianping, Snapchat, Didi Kuaidi, Flipkart, and SpaceX. Led by serial entrepreneurs. Unicorns are often founded and led by serial entrepreneurs, who have experienced business failures several times in their professional lives.

Company 8

Company Succession Analysis Entrepreneur 8