| Three Most Critical Elements of Venture Success: People, Customers and Sales | May 01, 2007 |
William A. Sahlman
|
Harvard Business School |
Endeavor's Entrepreneurs' Summit |
| Views: 4943 |
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| Video 13 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, states that people, customers, and sales are the critical ingredients of venture success. Specifically, Sahlman states that, 1) having the right people, 2) focusing on customers rather than technology, and 3) concentrating on sales instead of marketing, are critical elements of corporate health and longevity.
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