by Larry Putterman | Business, Entrepreneurs, Leadership, Management, Technology, Vision
“Disruptive innovation leads to the creative destruction of businesses that once seemed pre-eminent and secure.” Steven Blank Disruptive innovation is creating new products or services that did not exist before. The innovation creates a new market that disrupts an...
by Larry Putterman | Business, Entrepreneurs, Leadership, Management
Companies fail when nine critical business problems go unanswered. Today, I am sharing some of the most important lessons about recognizing and resolving problems. First… The 9 Critical Business Problems:Not adequately capitalizedCybercrimeLoss of major...
by Larry Putterman | Business, Entrepreneurs, Leadership, Management
Leaders working in a vacuum will fail. Entrepreneurs need “Fresh Eyes.” If you want to succeed, this is the most important concept you must learn. I define “Fresh Eyes” as looking at a problem or a situation in a new or different way. For example: consulting others...
by Larry Putterman | Business, Leadership, Management
Relying on large customers is tempting but dangerous. When they leave, large customers create big voids. LARGE CUSTOMERS:Increase sales.Dictate policy and make big demands.Provide low margins.Create dependency.Take all the companies resources.Pay slowly.Companies need...
by Larry Putterman | Business, Leadership, Management, Organizations, Vision
The odds are against entrepreneurs. Most fail. I asked Marty Zwilling, author, CEO, and founder of Startup Professionals, Inc, why 9 out of 10 startups fail? Marty said, “The #1 reason is entrepreneurs get tired and just give up. “ 6 reasons entrepreneurs...
