Entrepreneurship blog

Our entrepreneurship blog promotes entrepreneurship globally, as the key driver for future national and global economic growth and development.  Entrepreneurship contributes to economic development because entrepreneurs create new businesses, and new businesses create jobs, ensure variety, intensify competition, and may even increase productivity through technological change.

Some studies argue that in recent decades, several trends such as the development of new technologies have resulted in new business models that suit small and new ventures better than before; hence they see a shift from large corporations to small and new ventures. One of which is the Lean Start-Up, offering a new potentially low-cost methodology and business model innovation. It provides a launchpad for disruptive high-tech companies seeking to maximize the possibilities of the internet of everything. It also provides the mechanism for advancing entrepreneurship in existing large corporate and businesses or in innovative “stand alones”.

Our entrepreneurship blog outlines how the lean start-up differs from conventional business models because it favours experimentation over-elaborate planning. This gives people permission to take intelligent risks and learn by failing, resulting in increased agility and speed to market. It uses customer feedback and design thinking to create, iterate and pivot low cost minimal viable products and services until they are fit for purpose. This eliminates the need for expensive upfront product development and traditional testing methods.

Entrepreneurial lean start-ups can proliferate via the internet of things and potentially create an entrepreneurial innovation-based economy that helps solve some of the world’s wicked problems whilst promoting economic growth.

Retool to win in the next decade
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Being an entrepreneur always takes me into interesting and often unexplored territory. Most recently, after the World Economic Forum meeting in Davos drew to a close, Martin Reeves, Senior Partner and Managing Director, Director of the BCG Henderson Institute shared...
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Reinventing the Entrepreneurship Game
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In my November blog I described how important it is to unleash the power of innovative entrepreneurship and leading people in the imagination age, in our digital and connected VUCA world. Where I shared the first set of three lessons...
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Surviving & thriving in the entrepreneurs game
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I was shocked to see in my calendar that it was exactly 30 years since I exited my corporate career as a top retail executive at the now-defunct Australian Coles-Myer Group. I also realized that it’s also my 30-year anniversary...
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What is driving innovation in Financial Technology?
Despite the banks (or perhaps, because of them) FinTech (financial technology) is on the rise in Australia. After all, more than half of Australian SMEs have a loan facility of some description, and only 30% are completely debt-free. It’s easy...
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Three forces disrupting business as usual!
I recently participated in the Disruptive Innovation Festival (check it out, at http://thinkdif.co) where I presented an exciting new webinar on "How the lean start-up is disrupting business as usual" introducing the notion of start-up entrepreneurship. Whenever I design a...
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Keys to entrepreneurial success
I am not sure how many of my valued ImagineNation™ community friends and colleagues have ever purchased a completely new, “make believe” apartment “off the plan?” Nor am I aware of any who have attempted such a huge challenge in...
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Why embracing disruption facilitates success
Embracing disruption facilitates success no matter what industry or business game innovators or entrepreneurs play in. As an impressionable young girl, I used to greet my father when he arrived home from work, by asking “How many coats did you...
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What motivates entrepreneurs to innovate?
I have just commenced facilitating the latest Coach for Innovators Certified Program with an amazingly diverse and enthusiastic group of mostly female consultants, academics, facilitators, coaches and start-up entrepreneurs. As I started the program, I found myself being quickly brought...
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Surviving the innovation roller-coaster
I am pleased to be back in unseasonably freezing cold Israel after more than nine weeks of constant traveling along the global innovation superhighway! I spent my time focusing on learning, making distinctions, developing The Start-Up Game™ business, catching up...
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Entrepreneurship isn’t learnt at business school!
It takes enormous passion, deep vision and incredible anti fragility for successful entrepreneurship or intrapreneurship to occur, more than most of us could ever imagine! My recent experience at the recent European Innovation and Entrepreneurship Conference in Brussels, last month...
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