Contrary to conventional thinking, entrepreneurs are NOT risk lovers. They are outstanding risk managers. See five ways entrepreneurs minimize risk.
It’s National Entrepreneurship Week. Many people don’t know it, but historically, it’s small business – not large companies – that creates jobs. Of every three net new jobs created, two of them are created by small businesses. They are the engine of the economy.
We saw a great article over at Bloomberg by innovation consultants Michael Maddock and Raphael Louis Viton. They note a new phenomenon: Large companies are hiring professors to teach them how to innovate. The authors assert that it’s misguided:
Change is constant. You have a choice: Let the waves of change smack you in the face or ride the waves of change to BIGG success!
We discuss how to manage personal, professional, and financial change on The BIGG Success Show today. Here’s a summary of that discussion.
Ben Franklin said, “Nothing is certain except death and taxes.”
Isn’t it comforting to know that nothing has changed?
Ol’ Ben’s quote subtly hints that going forward, you can be certain that things will change.
The question is: are you leading change in your life or is it leading you?
As technology continues to develop, change is occurring more and more rapidly. Isn’t it safe to assume that, in the future, this will continue?
You have a choice to make.
When it comes to risk and return, entrepreneurs and bankers take polar opposite approaches. But surprisingly, not in the way conventional wisdom suggests.
We saw an interesting study about the difference between corporate thinking and entrepreneurial thinking.
Corporate thinking is what we learn in business school. It’s exemplified by bankers in this study.