Dollinger index

...

110 Entrepreneurial Strategies Profitsare not made by differential cleverness, but by differential stupidity. —Attributed to Dav ...

Entrepreneurial Strategies 111 Tony Hsieh: Strategy That’s A Step Above His first entrepreneurial success came at the age of 12; ...

112 ENTREPRENEURSHIP HATis the most common criticism that entrepreneurs hear about their busi- ness ideas and new venture strate ...

Entrepreneurial Strategies 113 business, functional, and subfunctional levels. Part of the environment for each level is the lev ...

114 ENTREPRENEURSHIP The first question to answer is: In which arenas will the venture compete? This is the initial part of the ...

Entrepreneurial Strategies 115 Transaction structurerefers to the people or organizations involved in the transac- tions and how ...

116 ENTREPRENEURSHIP ENTRY WEDGES Entry wedges are momentum factors.^8 They are part of the business model story. A wedge is not ...

Entrepreneurial Strategies 117 New Product or Service. A new product or service is one of the most potent entry wedges. Truly ne ...

118 ENTREPRENEURSHIP petitors are susceptible to a new venture’s creative imitation: those with weak spots and those with blind ...

Entrepreneurial Strategies 119 operate under their price umbrella, gain market share, and become close to their customers. The c ...

120 ENTREPRENEURSHIP the major entry wedges with the minor ones. For example, we see that “tapping under- utilized resources” ca ...

Entrepreneurial Strategies 121 done a bad job raising you.” But Inagi persisted and opened her business, Maruichi Bagel, in Augu ...

122 ENTREPRENEURSHIP tive for obtaining the product or service is not always available. When this is the case, the customer can ...

Entrepreneurial Strategies 123 growing industries are prime breeding grounds for spin-offs. In these industries, pock- ets of in ...

124 ENTREPRENEURSHIP petitive advantage, they must possess resources and capabilities that are rare, valuable, hard to copy, and ...

Entrepreneurial Strategies 125 lent of the five rent-seeking behaviors is the entrepreneurial strategy. Here a firm enters with ...

126 ENTREPRENEURSHIP mover advantages. The first mover in a particular technology can, of course, obtain the initial patents, bu ...

Entrepreneurial Strategies 127 The Fast Track to Profits It used to take the Nissan Motor Company 21 months to develop a new car ...

128 ENTREPRENEURSHIP Once these managers have learned the venture’s structure and systems, growth begins again. This implies tha ...