business

What attributes would the worst, least desirable businesses have? This way of thinking is surprisingly helpful for figuring out what good businesses should look like. Here’s what a high risk or bad business might look like (the more of these attributes a business has, the more difficult it will be to succeed): Very expensive to build the primary product or core service; difficult to find or rare components...

Learnings from building a new wholly-owned venture internally within a large organization: Momentum in the early days is important (not dissimilar to traditional startups), you can build momentum by having a bias for “showing” vs “telling” and doing the “showing” in public Keep pushing even in the face of resistance, as the leader of a new venture you may have more internal support and leverage than you think...