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An entrepreneurial company in its second year confronts challenges more
The recurring question I hear from so many people in business is: “Why aren’t more startups generated by the university system?” It’s not an easy question, certainly not one to be solved in a single blog post. As I considered the many facets of academia that influence the actions of its researchers such as government policies, university culture, funding agency metrics and so forth, I realized that the obstacles and challenges faced by professors are similar to those of most any startup.
Karen Richardson's contributions are helping to make sure Stanford engineering students learn about being entrepreneurs.
Thomas Nies has a passion for college and university entrepreneurship programs and demonstrates it by offering his company's employee time, expertise and resources.
After leaping into "Lean," Southern Vinyl Manufacturing gained efficiencies in nearly every area of its operations. Specifically, entrepreneur Rod Matthews explains the challenges and rewards of involving employees in finding and eliminating waste using the "Five Why" process. As a result of "getting lean," the company resolves manufacturing problems by digging deeply to identify root causes instead of just treating symptoms.
Larry Levy believes entrepreneurship education is important for the future of our country, and his involvement with Northwestern University's Kellogg Graduate School of Management, demonstrates the commitment behind his beliefs.
Building a company means creating an "entrepreneurial corporate culture," according to this article by a big-company supervisor turned entrepreneur. The best "entrepreneurial" cultures borrow worthy tactics from the Fortune 500, while discarding those that constrain productivity, says the author. Included are tips for what to take and what to leave behind.
A crack team of professors from Southern University College of Business, Louisiana, United States of America, is in the country conducting leadership and entrepreneur development skills training for 50 university graduates and middle-level young Liberian entrepreneurs. About 65% of the trainees are women and girls.
The training is ongoing at Thinkers Village outside Monrovia where the professors say the young Liberian entrepreneurs are in high gear and are positively responding to lectures and courses they are being taught.
Entrepreneurs will find a host of business-building resources at nearby colleges and universities, among them books, brains and bodies, writes the author. Scour the libraries for printed materials, tap faculty for consulting jobs, and marshall students for research and staffing needs, he advises. In summing up, he offers valuable tips for getting acquainted and making the best use of campus resources.
No merger is truly a marriage of equals, according to an online-entertainment entrepreneur who has been a party to both sides of the acquisition contract. Thorough research, accurate information and honesty can prevent conflict and help everyone to adjust. Having an integration plan and executing it responsibly make a significant difference in the results.
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