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How Do I Start Your Own Business?

Strategy Driven

Usually, adding a little detail to an existing product (such as changing the colour of something) is not enough to start a business, so try more than you think you need. Part 2 Create a Business Plan. Determine the Cost of the Operation. You need a solid business plan to present to potential investors.

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The Problems With Incubators, and How to Solve Them

Harvard Business Review

This knowledge gap, I have come to believe, is best filled by savvy incubators. However, there are over 7,500 business incubators around the world. The first business incubator in the U.S. opened in 1959 and is still operating. Most of them fail. Well, it isn''t. Success is More Than Funding.

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How the U.S. Can Rebuild Its Capacity to Innovate

Harvard Business Review

Consider how Barcelona, for example, systematically seeks innovative solutions from entrepreneurs: winning proposals receive guaranteed contracts, plus additional support like office space for their operations. Mind the Mittelstand. Finally, there’s a straightforward way to help SMMs boost their own expertise: The U.S.

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The Core Incompetencies of the Corporation

Harvard Business Review

Strangely, most CEOs seem resigned to this fact, since few, if any, have tackled the challenge of innovation with the sort of zeal and persistence they’ve devoted to the pursuit of operational efficiency. And finally, large organizations are emotionally insipid. Few companies, though, have made much progress in eradicating them.