| Opportunity Recognition and Leveraging One's Experience | May 01, 2007 |
William A. Sahlman
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Harvard Business School |
Endeavor's Entrepreneurs' Summit |
| Views: 23616 |
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| Video 3 of 14 from this talk |
- 00:29The Best Money Comes from Customers
- 00:53Choose Venture Investors Carefully
- 04:36Opportunity Recognition and Leveraging One's Experience
- 01:26Four Key Elements of an Entrepreneurial Venture
- 02:35Changing the Game
- 02:11Three Factors to Improve Entrepreneurial Success
- 02:30Characteristics of Entrepreneurs
- 01:06Opportunity Driven Entrepreneurship
- 01:04New Ventures Must Adapt
- 03:17Managing the Risk / Reward Tradeoff
- 03:51Four Qualities to Look for When Hiring
- 02:05Challenges of Hiring Good People
- 01:24Three Most Critical Elements of Venture Success: People, Customers and Sales
- 00:46Teams Are More Important than Individuals
Description
William Sahlman, professor at Harvard Business School, provides an example of opportunity recognition by relating the story of how John Osher, the creator of the Spin Pop, leveraged his experience into a new market--spin toothbrushes. Sahlman highlights how Osher and his team took their experience and applied it in a new setting by proactively searching to identify a gap in the current market that had potential for high profit.
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