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Five Reasons why Entrepreneurship Isn’t Quite Business
Good entrepreneurship eventually leads to good business. But here are five reasons why the two start out different: 1. Framework Startups may be inventing either a new product or a new service, but quite often they’re also reinventing a business model. Good businesses, on the other hand, already know how they’re going to make money. […]
Who gets to choose their customers?
Well, pretty much every service or knowledge business. Let’s look at landlording, manufacturing, and small business consulting as three examples. Landlording is one of those embarrassingly interpersonal businesses: “Hello? I’m here to unclog your toilet.” “I’m not dressed! Just take care of it please!” Even with toilets that flush buckets of golf balls and other […]
