Guy Kawasaki
If you are interested in starting a small business venture, Guy Kawasaki of Garage Venture Technologies is somebody you should listen to and learn from. Here is what he said in response to a question from Alex Bellinger on the SmallBizPod podcast about the common mistakes entrepreneurs make:
"They always . . . always underestimate how long, and how hard it will be to get a significant revenue. I have never seen an entrepreneur say, 'In six months, we'll be doing X dollars per month,' and achieve it."
The same thing applies to large firms when they introduce disruptive innovations: Markets are going to take a long time before the innovation takes root. Clayton Christensen, co-author of The Innovator's Solution, argues that firms should adopt a "patient for growth, impatient for profit" approach.
So can we say that Guy Kawasaki, Clayton Christensen, and Bhaskar Chakravorti all agree that change isn't so fast after all?
the entreprenuer, innovation, disruptive innovations
"They always . . . always underestimate how long, and how hard it will be to get a significant revenue. I have never seen an entrepreneur say, 'In six months, we'll be doing X dollars per month,' and achieve it."
The same thing applies to large firms when they introduce disruptive innovations: Markets are going to take a long time before the innovation takes root. Clayton Christensen, co-author of The Innovator's Solution, argues that firms should adopt a "patient for growth, impatient for profit" approach.
So can we say that Guy Kawasaki, Clayton Christensen, and Bhaskar Chakravorti all agree that change isn't so fast after all?
the entreprenuer, innovation, disruptive innovations
Labels: innovation
posted by Gordon Graham at 10:05 PM
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