Entrepreneurship Archives

Grow an Online Business: Choosing a Growth Model

What’s more profitable— to open a physical store or grow an online business venture? What are the most common features of successful online businesses? According to Reid Hoffman, the author of Blitzscaling, it’s much more profitable to grow an online business than to run a physical store. There are many reasons for this but the biggest is that there are virtually no overhead or advertisement costs when you’re selling software. Keep reading for more reasons on why you should grow an online business rather than a physical one.

Luck in Business Success: An Overlooked Metric

What role does luck play in business success? What do you think is more important when it comes to becoming massively successful in business—luck or strategy? Some people see luck as the only explanation for massive business success; others see luck as a non-factor. But the research found that neither extreme holds true. While luck has a place in business success, whatever luck you get requires action on your part to determine the outcome. Here is what science has to say on the role of luck in business success.

Originals: Adam Grant’s Quotes and Passages

Are you looking for Originals quotes by Adam Grant? What are some of the most noteworthy passages that highlight the author’s key ideas about originality and innovation? In his book Originals, Adam Grant describes the habits and practices of innovators so you too can innovate. The following Originals quotes by Adam Grant highlight some of his key ideas about innovation and originality. Keep reading for Originals quotes by Adam Grant.

Scaling a Company: The 4 Growth Factors

How to Build the Next Trillion Dollar Business

What are the four growth factors that are incorporated into most great business models? What business models are more suitable for scaling a company? The four growth factors that affect scaling a company are market size, distribution, high gross margins, and network effects. There isn’t one business model that will work for every company but incorporating these growth factors will help you scale. Continue reading for more information on scaling a company.

The Top 3 Myths of Innovation—Debunked

What are the most common myths of innovation? How does buying into these myths hamper business innovation? Because it’s so difficult to structure and do on-demand, innovation comes with its fair share of myths. Businesses must break free of these misconceptions if they aspire to revolutionize their respective markets. Here are three top myths about innovation, according to organizational psychologist Adam Grant.

Reid Hoffman: The 9 Strange Rules

What is Reid Hoffman’s Blitzscaling about? What are the nine rules of blitzscaling? Why do the rules of blitzscaling contradict common business sense? Reid Hoffman’s Blitzscaling is a book about the method of scaling up your business quickly without attention to efficiency. The method is very risky but can produce massive rewards. There are nine rules for blitzscaling. Continue on for Reid Hoffman’s blitzscaling rules.

Adam Grant’s Originals: Book Overview

What is Adam Grant’s book Originals about? What do you think is the most important factor in generating original ideas? In his book Originals, Adam Grant describes the habits and practices of innovators so you too can innovate. You’ll learn the most important factor in generating novel ideas, how procrastination can actually help you generate better ideas, and how to rally an organization to your new idea. Here is a brief overview of Adam Grant’s Originals: How Non-Conformists Move the World.

Blitzscaling Companies: Should You or Shouldn’t You

Are you thinking of blitzscaling your company? If you blitzscale, when is the right time to stop? How do you blitzscale? Blitzscaling companies isn’t always the answer, sometimes the conditions aren’t right. But when speed is the critical strategy, blitzscaling is the answer. However, you should only blitzscale your company for a limited amount of time because your company will eventually outgrow the strategy. Continue reading to learn more about blitzscaling companies.

Blitzscaling: Meaning, Strategies, and Risks

What is the meaning of the term “Blitzscaling”? What are the best blitzscaling techniques? How have some start-ups become massively successful using this method? Blitzscaling, meaning driving fast growth by prioritizing speed over efficiency, is the growth model used by companies like Airbnb and PayPal. This method is risky and uncertain but can result in massive successes and rewards. Keep reading to understand the meaning of blitzscaling and how it compares to other forms of business growth.

Blitzscaling Book: Grow Businesses at Lightning Speed

Looking for advice on how to grow your company quickly? How can applying Reid Hoffman’s methods from his book Blitzscaling help you speed up the process? In his book Blitzscaling, Reid Hoffman answers all of your questions. He explains how the age of technology is making companies grow faster than ever and explains the techniques required to stay ahead of the game. Continue on for advice from the book Blitzscaling.