Assistant Professor of Entrepreneurship and Records-Johnston Professor of Free Enterprise in the School of Entrepreneurship at Oklahoma State University
Per Bylund is assistant professor of entrepreneurship and Records-Johnston professor of free enterprise, in the School of Entrepreneurship at Oklahoma State University. His areas of research are entrepreneurship, management and economic organization.
Some entrepreneurs try to replicate the magic of today's blockbuster companies. They shouldn't: Those companies are built on an extremely shaky business model, or no model at all.
The middle class is withering away and financing is difficult to secure. But that doesn't mean entrepreneurs should abandon their dreams and stick to safer routes.
When money gets tight, find solutions that don't cost jobs.
Take stock of whether your startup is innovating incrementally or is being boxed in by an unripe market.
Make More Happen
'Startup' and 'firm' are similar terms but with a distinction that can lead entrepreneurs to greatness.
Ask yourself these three questions to bring the power of organizational innovation to your startup.
Despite the collective suggestion, innovation is not dead. In fact, you can revive it in three easy steps.
Entrepreneurs aren't in business to hire people but that is the roundabout result of the economic growth their success drives.
Small Business - Big Impact
In the sharing economy, the role of the entrepreneur is not to produce but to coordinate production.
The upcoming year will favor those who best prepared for changes in the economy, technology and globabilization.
Make More Happen
As customers start rolling in, your company needs leadership and a strategy to stake out the road ahead. In short, it no longer needs a founder; it needs a manager.
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© 2017 Entrepreneur Media, Inc.