Entrepreneurs as scientists? If so, how?

new for you

Simon's avatarTransition Consciousness

I read a really interesting article today in Portuguese:

O Cientista Empreendedor – Transformando idéias em negócios

In this article, the author Venancio Velloso discusses how entrepreneurs can develop their businesses by being more like scientists. Now I am still learning Portuguese, and also you can not always rely on Google or other translators for really good quality translations, but here I think is the gist of his argument.

  • Many startups create a business plan but then fail to find funding and investment for their ideas
  • Could the development of a business plan be over-rated?
  • The main reason why a business survives is by generating an income
  • Often business plans fail to accurately reflect reality, and hence many businesses fail when predicted incomes fail to be generated
  • The best way to prove a hypothesis (the assumptions in a business plan) are to test them
  • One of the best examples of…

View original post 887 more words

Published by MidMarket.ai

Your Private Business Thinking Partners: Sharing all the Best Solutions to MAXIMIZE Market Value! Smart leaders committed to continuous learning and improvement to accelerate growth, improve profitability and avoid mistakes by sharing benchmarks, best practices, lessons learned, advice and insights. Access our collective knowledge and develop deep, impactful relationships with talented owners, investors, and advisors.

Leave a comment

Is this your new site? Log in to activate admin features and dismiss this message
Log In