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.

How the lean start-up accelerates innovation!
In another 2 weeks I will be presenting my webinar How the lean start-up accelerates innovation' at the Global Women’s Leadership Summit (GWALS).  Immediately after that I will be in Brussels to present my paper on Re-inventing entrepreneurship education at the...
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Entering the dragons den!
The World Economic Forum Global Education Initiative in June 2011 published the Entrepreneurship Education Work Stream Report; Unlocking entrepreneurial capabilities to meet the global challenges of the 21st century. The report states that:  “Society faces a strong need to encourage people...
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Can entrepreneurs create the new world?
The Economist Magazine, in a recent article, "Generation Jobless" analyzed figures provided by the International Labor Organization, the OECD, and the World Bank Database, and calculated that, “all told, almost 290 million (15 – 24 year olds) are neither working,...
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Play the lean start-up way!
In an HBR article “Why the Lean Start-Up Changes Everything”, Steve Blank describes a lean start-up as “favoring experimentation over elaborate planning, customer feedback over intuition, and iterative design over big design up front” developments. Residing in Israel, where there...
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The rise of the digital native
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As an ageing “Baby Boomer” in the digital age, I can recall, with a certain sense of pride and nostalgia, what it felt like to grow up in the Swinging Sixties & the Fabulous Seventies. I am still in awe...
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Why entrepreneurs and intrapreneurs are lucky
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In his book "The Luck Factor" author Richard Wiseman, aptly states “Luck has the power to transform the improbable into the possible, to make a difference between life and death, reward and ruin, happiness and despair.” This is a very real statement,...
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Innovative & entrepreneurial leadership
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Having spent the last few years researching and deciphering what it takes to be a successful entrepreneur and how to BE innovative, as the basis for inventing my own new start-up company, www.imaginenation.com.au, I learned a lot about innovative and...
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