Upside vs. Downside

Think about the next plan you have, at work, in business, at school, even personally, and analyze it as upside opportunity vs. downside risk. Downside risk asks “What’s the WORST that can happen?” If your action failed completely, what’s the most you would lose? How much time, money, respect, etc. would you give up? Upside […]

Entrepreneurs learn for a living

When I talk to people about entrepreneurism, people who haven’t had experience often expect the conversation to focus on business plans and investors, on marketing and advertising. While those will be important at various times, the real work of the entrepreneur is learning. Entrepreneurs learn through doing. More generally, the essence of the entrepreneurial process […]

Introducing the Creative Iteration blog

“Entrepreneur” has historically referred to a risk-taking creator of businesses. However, over the last several years, the term has started to be applied to people who share the characteristics of entrepreneurial businesspeople. These include: acting rather than talking or planning solving problems through creativity as well as perseverance believing that the world and people are […]