Monthly Archives: November 2010

The VC Pitch – Confusing the Destination with the Journey

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Too often we are so preoccupied with the destination, we forget the journey. Unknown Entrepreneurs hear that VC pitches ought to be short, 10-20 slides.  What most don’t know is that there is no way they can deliver a presentation … Continue reading

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When It’s Darkest Men See the Stars

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When It’s Darkest Men See the Stars Ralph Waldo Emerson This Thanksgiving it might seem that there’s a lot less to be thankful for. One out of ten of Americans is out of work. The common wisdom says that the … Continue reading

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Crisis Management by Firing Executives – There’s A Better Way

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Insanity is doing the same thing over and over again and expecting different results. Albert Einstein For decades startups were managed by pretending the company would follow a predictable path (revenue plan, scale, etc.) and being continually surprised when it … Continue reading

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Get Out of The Building – And Win $50,000

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Those of you who have been reading my blog already know that I have been talking about a new approach to entrepreneurship education called “E-School” or the Durant School of Entrepreneurship. I believe that we have now learned enough about entrepreneurship … Continue reading

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No Business Plan Survives First Contact With A Customer – The 5.2 billion dollar mistake.

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At $5.2-billion Iridium was one of the largest, boldest and audacious startup bets ever made. Conceived in 1987 by Motorola and spun out in 1990 as a separate company, Iridium planned to build a mobile telephone system that would work … Continue reading

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