"There are lies, there are big lies, and then there are myths. And myths are the worst of the three." "Myths present a different, subtler trap, which is what makes even smart people fall for them. They are usually based on a plausible half-truth, and they do not immediately lead you astray if you start […]
"A business model is an outline of how a company plans to make money with its product and customer base in a specific market. At its core, it explains what product or service a company will sell, how it intends to market that product or service, what kind of expenses it will face, and how […]
"In the last five years “Lean Startup” methodologies have enabled entrepreneurs to efficiently build a startup by searching for product/market fit rather than blindly trying to execute. Companies pursuing innovation can Buy, Build, Partner or use Open Innovation. But trying to find a unified theory of innovation that allows established companies to innovate internally with […]
"Making mistakes is a great way to learn tough lessons, but can be costly in terms of time and resources." "Instead, take this wisdom from someone who's been there."
According to Dan Waldschmidt, "1. Sometimes your best effort isn’t good enough to land you the deal." Read Mr. Waldschmidt's other 30 at BusinessInsider.com. See the full article here: www.businessinsider.com
See on Business in Action, Online Magazine Supplement "Myth #1: It’s not what you know but who you know." See on www.businessinsider.com
"From your parents telling you not to cross your eyes because they’ll stay that way and “early to bed, early to rise . . .” to taking Airborne or high doses of Vitamin C will cure a cold, there’s no shortage of myths in the world. And there’s no shortage of reasons why." "Only one […]
"Some companies just can’t make their customers happy, and many of the companies are the kind that customers find it hardest to escape." . . . Read more . . .
These 10 businesses head a list of 153 U.S. companies. Read more . . .
The Reputation Institute just released its annual survey that determines the nation's most respected companies. Google is no longer on top. Read more . . .