| New Ventures Must Adapt | May 01, 2007 |
William A. Sahlman
|
Harvard Business School |
Endeavor's Entrepreneurs' Summit |
| Views: 3537 |
|
| Video 9 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, observes that almost all entrepreneurs and their ventures must inevitably change and adapt. In all the business plans Salhman has seen, he says that almost every single business has had to change as they discover their customers, their market, etc. So the key to successful entrepreneurship is anticipating and dealing with change.
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