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Business Know-How

Business Know-How (659)

Business Know-How is the place to find everything you need to better your business. Here you can read case studies on how to improve your company, news updates on business thought leaders and everything you need to know to excel as an entrepreneur.

My internal compass has always steered me strongly toward the belief that founders who can scale with their startup companies are better to back than founders who eventually need to hire a CEO.
Monday, 20 May 2013 17:58

What If Einstein Had Been In Business?

Written by Richard Koch
Most business has not yet caught up with Einstein. His theories are hard enough to apply in science, so can they really be applied to business? 
Thursday, 09 May 2013 11:27

Why It's Time To Stop Generating New Leads

Written by Bob Apollo
I hope the headline caught your attention - it was intended to. After all, aren’t fresh leads the lifeblood of any company that depends on winning new business to grow? Of course they are. I left half the headline out.
The US is an obvious first choice for aspirant exporters and the recent Breakthrough trade mission to New York gave nine companies an important insight into its business culture.
Wednesday, 08 May 2013 15:49

Risk Taking Vs. Fear

Written by Sue Stockdale
Risk taking is something that is a natural part of work and life. For some it may seem risky to eat a yoghurt that is past the “sell by” date, where as for others they dont even think about the potential implications of doing so. The people in the boat…
Those of you who remember the proliferation of the internet may recall early, inefficient search engines that provided pages of information unrelated to your query. With today’s reliance on Google, it is hard to imagine that we ever lived in a world where search tools didn’t make sense or provide…
When I was new to Venture Capital I was trying to figure out the business. It was a fun period for me because everything was new and I was curious. What kind of deals should I be doing? What stage? What price? With which other investors? Should I focus on…
Tuesday, 07 May 2013 11:16

How To Escape The Gravity of Competition

Written by Richard Koch
The standard view is that businesses should strive to maintain a lead over their rivals. But this is wrong. A lead is something that connects two parties. You shouldn’t be seeking a lead. An ever-growing distance from competitors is easier to achieve than an ever-growing lead over them, and is…
For most of us the 80/20 rule provides an uncannily accurate measure of events – and the world of business is no exception. So I was expecting this effect, known as the Pareto principle, to rear its head as I was reading Goldman Sach’s recent report on stimulating small business…
It is hardly a secret that SMEs hold the key to a sustainable recovery for the UK economy, and indeed across Europe. As a report released last week by the Goldman Sachs 10,000 Small Businesses UK programme showed, 1% of UK firms created 23% of all jobs between 2007 and…
One of the bright spots of the UK’s economic performance in recent years has been the strength of the labour market. Output has slumped, but the number of people in work has risen. This has softened the human cost of the UK’s deepest recession since the 1930s. But with more…
Thursday, 25 April 2013 10:50

MBAs, Entrepreneurship and Other Matters!

Written by Robert Craven
The “Do MBAs help an entrepreneur?” question is an old chestnut that never seems to be resolved. Part of the problem is one of ambiguity (what does ‘entrepreneurship’ mean?); sweeping generalisations and stereotypes (what does a typical MBA student or course look like?) and the confusion of definitions (are we…
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