how contrarian entrepreneurs create and capture extraordinary value, with daniel isenberg
Post on 18-Oct-2014
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Listen to the full interview at www.33voices.com/daniel-isenberg/audio Daniel Isenberg is a Professor of Management Practice at Babson Global where he established the Babson Entrepreneurship Ecosystem Project (BEEP). He has published several seminal articles in the Harvard Business Review, including the April 2011 “Entrepreneurs and the Cult of Failure” and the June 2010 “How to Start an Entrepreneurial Revolution,” that was published as the “Big Idea” feature article. Isenberg has taught at Harvard, Columbia, Insead, Reykjavik, Theseus, and the Technion, and has been an entrepreneur and venture capitalist. Isenberg speaks and consults frequently on global entrepreneurship and blogs regularly for Huffington Post, Forbes and The Economist.TRANSCRIPT
@33voices
intelligent insights to advance your business and life
The following represents 10 highlights from the interview by @MoeAbdou,
founder & host of 33voices®.
Daniel Isenberg Professor of Management Practice at Babson Global where he estab-lished the Babson Entrepreneur-
ship Ecosystem Project (BEEP). He also advises the White House on its
Startup America program.
@Danisen
Stream interview Watch videoWatch videoNo.1
Starting a business is challenging
and requires courage.scaling a business is much more difficult and requires a greater diversity of skill sets.
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Entrepreneurs who are obsessed with
creating extraordinary value,end up capturing the greatest economic value for their business and shareholders.
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Entrepreneurs who are obsessed with
creating extraordinary value,end up capturing the greatest economic value for their business and shareholders.
33voicesDan Isenberg - Obsessed With Creating Value
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Businesses who overemphasize the innovation
and under utilize the sales and marketing process
end up with just hype;
reverse it.
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Keep in mind that if you’repushing the envelope to create extraordinary value,
you have to be in constant iteration mode.
Do, Learn and Re-start!
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Entrepreneurs manage risk by reframing it.
to them, it’s a far greater risk to create something amazing for someone else,
when you can do it for yourself.
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Smart entrepreneurs never delegate leadership.
instead, they make it a priority to bring out the amazing leadership qualities
in others around them.
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Tiny modifications can turn into
big innovations; think iPod.
look for problems where you can add
another layer of simplicity.
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Like a great athlete, a smart entrepreneur makes experience
her greatest teacher;she learns far more from trying and failing
than not trying at all.
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Often, its talent that’s keeping your business in startup mode.to scale up, start by creating an advisory network
that fill your widest knowledge gaps.
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As an entrepreneur, you can’t continually do good deeds
without making a profit.always align your customer’s best interest
with your economic value.
Really reflect...
How do you determine your worth to the marketplace?
Really reflect...
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