Why Startups Fail

Why Startups Fail PDF

Author: Tom Eisenmann

Publisher: Currency

Published: 2021-03-30

Total Pages: 370

ISBN-13: 0593137027

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If you want your startup to succeed, you need to understand why startups fail. “Whether you’re a first-time founder or looking to bring innovation into a corporate environment, Why Startups Fail is essential reading.”—Eric Ries, founder and CEO, LTSE, and New York Times bestselling author of The Lean Startup and The Startup Way Why do startups fail? That question caught Harvard Business School professor Tom Eisenmann by surprise when he realized he couldn’t answer it. So he launched a multiyear research project to find out. In Why Startups Fail, Eisenmann reveals his findings: six distinct patterns that account for the vast majority of startup failures. • Bad Bedfellows. Startup success is thought to rest largely on the founder’s talents and instincts. But the wrong team, investors, or partners can sink a venture just as quickly. • False Starts. In following the oft-cited advice to “fail fast” and to “launch before you’re ready,” founders risk wasting time and capital on the wrong solutions. • False Promises. Success with early adopters can be misleading and give founders unwarranted confidence to expand. • Speed Traps. Despite the pressure to “get big fast,” hypergrowth can spell disaster for even the most promising ventures. • Help Wanted. Rapidly scaling startups need lots of capital and talent, but they can make mistakes that leave them suddenly in short supply of both. • Cascading Miracles. Silicon Valley exhorts entrepreneurs to dream big. But the bigger the vision, the more things that can go wrong. Drawing on fascinating stories of ventures that failed to fulfill their early promise—from a home-furnishings retailer to a concierge dog-walking service, from a dating app to the inventor of a sophisticated social robot, from a fashion brand to a startup deploying a vast network of charging stations for electric vehicles—Eisenmann offers frameworks for detecting when a venture is vulnerable to these patterns, along with a wealth of strategies and tactics for avoiding them. A must-read for founders at any stage of their entrepreneurial journey, Why Startups Fail is not merely a guide to preventing failure but also a roadmap charting the path to startup success.

Learning from Entrepreneurial Failure

Learning from Entrepreneurial Failure PDF

Author: Dean A. Shepherd

Publisher: Cambridge University Press

Published: 2016-03-04

Total Pages: 343

ISBN-13: 1107129273

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Provides an in-depth examination of the psychological obstacles to learning from entrepreneurial failure and how these can be overcome.

Entrepreneurial Cognition

Entrepreneurial Cognition PDF

Author: Dean A. Shepherd

Publisher: Springer

Published: 2018-01-31

Total Pages: 281

ISBN-13: 3319717820

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This open access book investigates the inter-relationship between the mind and a potential opportunity to explore the psychology of entrepreneurship. Building on recent research, this book offers a broad scope investigation of the different aspects of what goes on in the mind of the (potential) entrepreneur as he or she considers the pursuit of a potential opportunity, the creation of a new organization, and/or the selection of an entrepreneurial career. This book focuses on individuals as the level of analysis and explores the impact of the organization and the environment only inasmuch as they impact the individual’s cognitions. Readers will learn why some individuals and managers are able to able to identify and successfully act upon opportunities in uncertain environments while others are not. This book applies a cognitive lens to understand individuals’ knowledge, motivation, attention, identity, and emotions in the entrepreneurial process.

Entrepreneurial Failure

Entrepreneurial Failure PDF

Author: Dean A. Shepherd

Publisher: Edward Elgar Publishing

Published: 2013

Total Pages: 0

ISBN-13: 9781781954454

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Entrepreneurs act in environments of great risk and high uncertainty, and as a result, failure is a common occurrence. For this volume, Professor Shepherd has made a judicious selection of published articles, which explore the antecedents to and potential outcomes of entrepreneurial failure. By understanding these causes and consequences, entrepreneurs may become better able to manage failure, to reduce its costs and to capitalize on its benefits. With an insightful original introduction by the editor, the book provides an authoritative guide to current scholarly debate in this topical area and lays a foundation for future study.

Innovation and Entrepreneurship

Innovation and Entrepreneurship PDF

Author: Charles H. Matthews

Publisher: Routledge

Published: 2015-03-12

Total Pages: 406

ISBN-13: 1317802098

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This book presents a new model, the competency framework, for students, innovators, entrepreneurs, managers, and anyone who wants to better understand the dynamic world of innovation and entrepreneurship. Focused on both the individual and strategic organizational level, this book is about people and the competencies each person needs to learn to be successful in creating a more dynamic future. Matthews and Brueggemann’s framework for innovation and entrepreneurship competencies empowers individuals to excel at innovation and new venture creation. It provides a practical guide and clear and concise understanding of the knowledge, skills, attitudes, and experiences that are needed to increase imagination, creativity, innovation and new venture creation capability. Innovation and Entrepreneurship will be attractive for students of entrepreneurship, innovation, management and cross-disciplinary classes, such as design thinking. Presented in a modular format, Innovation & Entrepreneurship informs the future direction of people and technology, as well as the educational systems producing the next generation of innovators and entrepreneurs. Based on extensive academic research, this book is organized into two sections: Twelve innovation elements and twelve competency categories. The elements are the foundation and the competency categories are the building blocks that inform our path toward a more precise understanding of how innovation and entrepreneurship plays an important role in economic development and our daily lives.

Inside the Mind of the Entrepreneur

Inside the Mind of the Entrepreneur PDF

Author: Ana Tur Porcar

Publisher: Springer

Published: 2017-09-15

Total Pages: 234

ISBN-13: 3319624555

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This book connects entrepreneurship and psychology research by focusing on the personality dimensions of entrepreneurs, entrepreneurial cognition, entrepreneurial leadership, and gender behavior. It features state of the art interdisciplinary research offering a unified perspective on entrepreneurial psychology. Individual chapters address advances related to entrepreneurial intentions, complexity management, personality psychology, intrapreneurial behavior, entrepreneurial communities and demographic changes, among others. Laboratory experiments that study entrepreneurial behavior round out the coverage.

Transformative Leadership and Sustainable Innovation in Education

Transformative Leadership and Sustainable Innovation in Education PDF

Author: Sandra Baroudi

Publisher: Emerald Group Publishing

Published: 2024-06-24

Total Pages: 218

ISBN-13: 1837535388

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Transformative Leadership and Sustainable Innovation in Education is a valuable resource to a diverse network of policy makers, school and university leaders, educators, practitioners, curriculum designers, innovators, and investors who want to collaborate to identify and implement innovations that transform education and research.

Promoting Psychological Resilience in the U.S. Military

Promoting Psychological Resilience in the U.S. Military PDF

Author: Lisa S. Meredith

Publisher: Rand Corporation

Published: 2011-06

Total Pages: 185

ISBN-13: 0833058169

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As U.S. service members deploy for extended periods on a repeated basis, their ability to cope with the stress of deployment may be challenged. Many programs are available to encourage and support psychological resilience among service members and families. However, little is known about these programs' effectiveness. This report reviews resilience literature and programs to identify evidence-informed factors for promoting resilience.

Creative Construction

Creative Construction PDF

Author: Gary P. Pisano

Publisher: PublicAffairs

Published: 2019-01-15

Total Pages: 288

ISBN-13: 1610398769

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This myth-busting book shows large companies can construct a strategy, system, and culture of innovation that creates sustained growth. Every company wants to grow, and the most proven way is through innovation. The conventional wisdom is that only disruptive, nimble startups can innovate; once a business gets bigger and more complex corporate arteriosclerosis sets in. Gary Pisano's remarkable research conducted over three decades, and his extraordinary on-the ground experience with big companies and fast-growing ones that have moved beyond the start-up stage, provides new thinking about how the scale of bigger companies can be leveraged for advantage in innovation. He begins with the simply reality that bigger companies are, well, different. Demanding that they "be like Uber" is no more realistic than commanding your dog to speak French. Bigger companies are complex. They need to sustain revenue streams from existing businesses, and deal with Wall Street's demands. These organizations require a different set of management practices and approaches--a discipline focused on the strategies, systems and culture for taking their companies to the next level. Big can be beautiful, but it requires creative construction by leaders to avoid the creative destruction that is all-too-often the fate of too many.