Tag: Entrepreneurship

Advice for Non-Family Executives in Family Businesses

Ritch Sorenson, Professor of Family Business at the University of St Thomas in Minneapolis, once worked at a bank founded by his grandfather. When it closed, he felt a personal loss that persists Read more

A successful entrepreneur and his family wanted to donate a new building to a state university. What happened next illustrated the maxim that “no good deed goes unpunished.” Because the building Read more

On November 29, Rewire hosted a Facebook Live Q&A entitled, "How Do You Know When It's Safe to Quit Your Day Job?," led by David Deeds, Schulze Professor of Entrepreneurship at the University of St. Read more

Acres of Diamonds: Advantages of Working in Your Family Business

The purpose of this exercise is to help students understand the advantages and challenges of working in a family business or of being in a business family. Some students who have worked in their Read more

Years ago, millions of consumers discovered something that they never knew they needed: TIVO, which ultimately would change the way they watched television and disrupt an entire industry. That Read more

Babson College’s flagship undergraduate course, “Foundations of Management and Entrepreneurship (FME),” was created in 1996 (as Foundation Management Experience) to give all first year Read more

As online crowdsourcing has shown, people will support a proposed business or cause that moves them. For entrepreneurs, the ability to test a proposed product or service's uniqueness and appeal has Read more

Many entrepreneurship classes focus on student business ideas. The goal of this exercise is to expose students to a variety of tests to validate a business idea quickly: setting up the tests in one Read more

Entrepreneurs play a huge role in society by bringing underappreciated products to market -- products that can help people but that big companies are too busy or disinterested to develop. In the Read more

Can a socially conscious company be true both to its mission and to its bottom line? If there's conflict, what gets priority? It's a difficult balancing act and missteps can cost customers, Read more