Wednesday, September 28, 2011

Great new book: The Lean Startup

Most startups fail. But many of those failures are preventable. The Lean Startup is a new approach being adopted across the globe, changing the way companies are built and new products are launched. Eric Ries defines a startup as an organization dedicated to creating something new under conditions of extreme uncertainty. This is just as true for one person in a garage or a group of seasoned professionals in a Fortune 500 boardroom. What they have in common is a mission to penetrate that fog of uncertainty to discover a successful path to a sustainable business. The Lean Startup approach fosters companies that are both more capital efficient and that leverage human creativity more effectively. Inspired by lessons from lean manufacturing, it relies on “validated learning,” rapid scientific experimentation, as well as a number of counter-intuitive practices that shorten product development cycles, measure actual progress without resorting to vanity metrics, and learn what customers really want. It enables a company to shift directions with agility, altering plans inch by inch, minute by minute.

Check out this link! 

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Thursday, April 21, 2011

Failing by design

"Failing by design" is a great Harvard Business Review article written by Rita Gunther McGrath. It details how to set up experiments for uncertain environments, and learn from the errors. See following link.  

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Monday, November 15, 2010

Entrepreneurial stories

• The republic of tea: how an idea becomes a business: letters to a young zentrepreneur, By Mel Ziegler

  • This is a story about the start-up of a business and the creation of a philosophy, of which the importance is not to be underestimated. Very interesting for those looking into the food industry.

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Wednesday, September 29, 2010

Entrepreneurial finance

• Entrepreneurial Finance, Smith & Smith

• The Money of Invention, Paul Gompers and Josh Lerner

• Done Deals, Udayan Gupta

• The Entrepreneurs Guide to Business Law, Constance Bagley and Craig Dauchy

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Wednesday, September 29, 2010

Entrepreneurial strategy

• Art of the Start and Rules for Revolutionaries, Guy Kawasaki

• The New Business Road Test, John Mullins

  • What entrepreneurs and executives should do before writing a business plan, checkout this pdf to get an insight!

• The Origin and Evolution of New Businesses, Amar Bhide

• Primal Leadership, Daniel Goleman

• The Tipping Point, Malcolm Gladwell

• Built to Last, Jim Collins

• Good to Great, Jim Collins

• Living on the Fault Line and Crossing the Chasm, Geoff Moore

• Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of

• Enron, Bethany McLean and Peter Elkind

• The Entrepreneurial Mindset, Rita Gunther McGrath and Ian MacMillan

• Small Giants, Bo Burlingham

• Getting to Plan B, John Mullins and Randy Komisar

  • As John Mullins and Randy Komisar explain in Getting to Plan B, new businesses are fraught with uncertainty. To succeed, you must change the plan in real time as the inevitable challenges arise. In fact, studies show that entrepreneurs who stick slavishly to their Plan A stand a greater chance of failing-and that many successful businesses barely resemble their founders' original idea. The authors provide a rigorous process for stress testing your Plan A and determining how to alter it so your business makes money, solves customers' needs, and endures. More info? go to http://www.getting-to-plan-b.com/

• The Four steps to the Epiphany, Steven Gary Blank

  • The essential "how to" book for anyone bringing a product to market, writing a business plan, marketing plan or sales plan.

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Wednesday, September 29, 2010

Entrepreneurship

• The Entrepreneurial Venture, William Sahlman

• New Venture Creation, Jeffry Timmons and Steve Spinelli

• The Portable MBA in Entrepreneurship, William Bygrave and Andrew Zacharakis

• Technology Ventures, Richard Dorf and Thomas Byers

• Business model generation, Alexander Osterwalder and Yves Pigneur

  • Disruptive new business models are emblematic of our generation. Yet they remain poorly understood, even as they transform competitive landscapes across industries. Business Model Generation offers you powerful, simple, tested tools for understanding, designing, reworking, and implementing business models. More info? Download the 72 page preview from the website www.businessmodelgeneration.com and enjoy this page-turner.

• The boostrapping bible, Seth Godin

  • The bootstrapping bible by entrepreneurship Guru Seth Godin will help you to master the basic bootsrapping principles and give you a taste for starting a business!It gets even better... you can start bootstrapping right here by downloading his free summary from changethis.com!

• The illusions of entrepreneurship: The Costly Myths That Entrepreneurs, Investors, and Policy Makers Live By , Scott Shane

  • In this book, Scott Shane points out the contrast between the myths we like to believe about entrepreneurshp and the everyday reality. An eye opener. Available on Google Books

• The republic of tea: how an idea becomes a business: letters to a young zentrepreneur, By Mel Ziegler

  • This is a story about the start-up of a business and the creation of a philosophy, of which the importance is not to be underestimated. Very interesting for those looking into the food industry.

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