MIT 15.390 New Enterprises, Fall 2013 View the complete course: http://ocw.mit.edu/15-390F13 Instructor: Bill Aulet In this video, two dramatically different…
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1. SME can go Franchise and become Global or Super Region.
2. SME are based on Innovation “maybe no digital”. They create Innovation
for the local accessible market first, then expand to a larger markets.
3. IDE can also be family/single own, and don’t always rely on investors.
You are after the fact rationalizing from a limited group and limited
experience.
Ideological attempt to harness ambitions and neuroses for “good”?
Very informative, thank you very much.
I’m still in the SME, but trying to move IDE though it’s tough…
modern entrepreneurship is defined by a certain way of making money, it
begins with seed capital and ends with M&A and IPO/LBO. And it requires a
certain management style and mindset.
On the other hand, SMEs aren’t entrepreneurial enterprises, because they
tend to focus on cash flow rather than growth, sales rather than
innovation, local market share rather than new markets.
Unless the SME is managed in an entrepreneurial way, it’s called a business
not a start-up, and the owners are called business owners or business men,
not entrepreneurs.
Sir you’re contradicting most of the modern research findings with your
explanation
I love the fact that we have the ability to learn mostly anything at our
own will and ability. ..
Beautiful. well explained in simple way