Enhance Productivity and Efficiency with Stephen’s Innovation Insights

Innovation Insights by Stephen Shapiro

I recently received the following email…

I appreciated your blog entry on goal-free business. My experience with start-ups has taught me that it is the journey, because the destination isn’t always what you originally intended. The first start-up company I was with managed to sell for profit in the midst of the telco bust (we were a telco). Why were we able to to this? Because we adapted and managed to do it fast–this involved a major change to our business plan. We had our hands in the business as well as on the business. I feel this balance kept us from having tunnel vision.

The president of the second company I was with wrote an excellent business plan. It looked great on paper and he proceeded to execute his plan without examining how it was impacting the business. He didn’t understand why things didn’t work out they way they were supposed to. Within 8 months, the company went bankrupt.

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