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Scientists Working Outside Their Fields Are More Likely to Become Entrepreneurs

Harvard Business Review

Similarly, some people move from technical to managerial positions in order to advance in their careers. Those jobs often demand less technical knowledge but can offer more pay, more responsibilities, and chances to develop new skills. Another possible reason for this higher rate of entrepreneurship is opportunity costs.

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As Machines Take Jobs, Companies Need to Get Creative About Making New Ones

Harvard Business Review

Shouldn’t the next autonomous truck company be cofounded by technologists and truck drivers? Shouldn’t next-generation autonomous farms be cofounded by technologists and farmers?

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What Does an Aspiring Founder Need to Know?

Harvard Business Review

Cofounders are crucial. ” Another added, “If you don’t get decisions about potential cofounders right — for example, if your cofounder is not fully committed — it will likely kill your company.” One commented, “No 24-year-old engineer can acquire all of these skills in five years.

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4 Factors That Predict Startup Success, and One That Doesn’t

Harvard Business Review

This isn’t surprising, given other research about the performance of diverse teams; it’s a timely reminder of the importance of increasing female entrepreneurship and of the opportunity that VCs may be missing by continuing to disproportionately fund white men. Female-founded startups outperformed all-male teams.

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When Big Companies Support Start-ups, Both Make More Money

Harvard Business Review

But if these two companies took business incubation seriously, and instead of just offering technical guidance on building apps, also offered business guidance, the impact on global GDP would be tremendous. Kirk and his two cofounders Neehar Giri and Nathan Krishnan had earlier done a venture-funded startup called Nextance.

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What Big Companies Can Learn from the Success of the Unicorns

Harvard Business Review

For instance, Snapchat’s cofounders, Evan Spiegel and Bobby Murphy, started working together on a website for students called Future Freshman, among other projects, while at Stanford University. Unicorns are often founded and led by serial entrepreneurs, who have experienced business failures several times in their professional lives.

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In Praise of Going it Alone

Harvard Business Review

Square , a financial services start-up created by Twitter cofounder Jack Dorsey, markets its transaction processing services directly to consumers and small businesses via the Internet. Big companies hesitate to make those decisions, which require bringing many people to the table and taking real technical risks.