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Want to be an ice cream entrepreneur? Get ready for the cold days ahead…
The Federal Small Business (SBA) association recently calculated their 2012 list of the business franchises that most frequently failed to repay their SBA loans. Blue MauMau, a blog focusing on the...
View ArticleAfter a “Failed Launch” in 2005 – P90X Fitness Program Earns Revenue of $700m
Inc. Magazine just did a great story “The 22nd Time is the Charm” on entrepreneurship, failure, perseverance, and finally success. When Beachbody first launched the P90X home fitness DVDs in 2005 the...
View ArticleWant to feel better about your failure? Rebrand it as a pivot!
Back in 2009 Silicon Valley entrepreneur Eric Ries (@ericries) had coined the term “pivot” for the technique used by tech startups to change the strategic direction of their companies based on what...
View ArticleSo you say that you are an innovator? Where is your failure resume?
We have all seen the endless number of quotes on how we should fail more, fail quickly, and fail often but what do we actually do with all of these failures? If we are lucky we might actually take the...
View ArticleMy Article in Under30CEO – Mentorship is Vital to Driving Innovation
Over the last year I have done several posts on the importance of mentorship and I am continually surprised by the feedback of how few organizations are investing in a formal mentorship program. In my...
View ArticleEducation Is Certainly a System So Why Don’t We Measure Student Satisfaction?
This morning there was a great article from MPR reporter Tom Robertson that touched on how the elimination of shop class in high schools is seen as a contributor to decline in skilled manufacturing...
View ArticleWhy Youth Can Be an Advantage in Being an Entrepreneur: My Interview with...
Last week I gave a presentation to a class of undergraduate students from the University of Minnesota’s Carlson School of Management. The discussion was centered on the topic of failure and how the...
View ArticleTo Succeed in Business, Act Like a Child. My article in The Washington Post.
My article titled To Succeed in Business, Act Like a Child got published on The Washington Post – On Small Business Blog today. In the article I describe how if we want to encourage innovation in...
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A New Year & New Opportunities: The Importance of Building Your Personal Brand
Over the last few years I have frequently helped friends and colleagues in their search to find new work opportunities. Every time I start our conversation by asking how they are building their...
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When Organizations Move From Being Risk Takers to Risk Managers: A Lesson...
I have been following the story of Elon Musk for several years now. His attitude toward innovation, risk taking and the possibility of failure is what I consider to be an “example of good.” This...
View ArticleFailure Forums: Lessons Learned From Failed Startup inSphere
Most startups will fail. Everyone in the startup community knows that failure is a more common occurrence than success. Silicon Valley has become so enamored by the “value of failure” that rumors...
View ArticleFailure Forums: Interview with Geek Squad Founder Robert Stephens on Risk,...
We hear it so often that it has become cliché. Small companies are nimble and move quickly where as large companies can muster significant resources but are slow to respond to emerging threats and...
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University of Minnesota OTC Entrepreneur Event: Finding Success through Failure
I am excited to be a panelist at the University of Minnesota’s “Finding Success through Failure” event on March 27th. The event is hosted by the University of Minnesota Office for Technology...
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