From Product-Innovation To Strategy-Innovation: #2 Pivot For More Unicorns… Everywhere

Should the Entrepreneurial Development infrastructure, i.e., business schools, incubators, and area developers, shift from product-focus, that helped 1% of unicorn-entrepreneurs (UEs), to strategy-focus, that helped 99%?

Entrepreneurial Development today focuses on finding viable products, promoting them via pitch contests and shark tanks, and funding them with angel capital, and venture capital (VC), i.e., the Product-Angels-VC method, to build a growth venture.

But is this the best strategy for Entrepreneurial Development?

skin in the game. VC was not key to his success.

· Walmart: Sam Walton built Walmart and beat Kmart by starting with $25,000 from his in-laws. His initial strategy was to

→ Continue reading at Forbes - Startups

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