Startup Leadership: How Savvy Entrepreneurs Turn Their Ideas Into Successful Enterprises

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Enterprises Are Needy

Children are needy, and so are enterprises. Needs shift as the child or enterprise grows. If parents treat their teenager like an infant, trouble ensues. If an entrepreneur attempts to lead his growing enterprise the same way he did when the first prototype was built, trouble also ensues. A fledgling enterprise needs different things from its leader as it matures from an interesting idea into a value-producing, self-sustaining enterprise. Entrepreneurs are often insensitive to the trouble that comes from giving the wrong sort of attention and leadership to their enterprises. Once entrepreneurs are armed with some understanding about the basics of how their enterprises work and mature, they can avoid these troubles. Most ...