On October 23rd, 2014, we updated our
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Startups are not smallversions of largecorporationsStartups search for a business model, betterestablished companies focus on executing it.There is a difference between smallbusinesses, corporations and scalablestartups - in how their goals, how they run andhow they need to be lead.
Entrepreneurship schools(E-Schools) will rise.Universities teach how to run smallbusinesses and corporations.However, there is an increasing need forlearning the skill sets for scalable startups.
Startups should focus onexecuting, not planning.No business plan survives first contact withthe customer.There is no substitute for getting out of thebuilding talking to potential customers.Invest your time wisely - fail often and failcheap to learn quickly.