Innovative Entrepreneur
9 Maxims of Venturing
VadiK
Author
Founder
I formulated these 9 maxims of venturing for aspiring venturepreneurs.
Those who have experience in launching a venture have already learned them by doing.
"No plan survives first contact with the enemy," said Carl von Clausewitz.
The three main types of enemies of a venture are:
1. Fuzziness; 2. Resistance; 3. Counterattacks.
5 Risks Faced by Startup Firms
10 Rules for a Successful Startup
Managers succeed by following rules.
Innovators succeed by breaking rules.
Inventor
BE MAD
KoRe 9 Maxims of Venturing
Stand Out
No idea survives first contact with reality.
No plan survives first contact with the implementation.
No venture design survives first contact with the stakeholders.
No change initiative survives first contact with the comfort zone of the target audience.
No business model survives first contact with a major resistance or a counterattack.
No competitive strategy survives first contact with the competition.
No marketing plan survives first contact with the market.
No selling proposition survives first contact with the customer.
No winner survives the first contact with the giving-up.
The Best Way To Address These Challenges
INNOBALL (Innovation Brainball)
entrepreneurial simulation game helps reduce risks and increase returns
InnoBall
boosts achievements by strengthening your venturepreneurial team, venturepreneurial strategies, anticipation skills, and business design
Addressing entrepreneurial risks: INNOBALL in action
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Glossary
Maxim is a short, pithy statement expressing a general truth or rule of conduct.
Venture is an undertaking involving chance, risk, or danger.
Venturing means undertaking a risky or daring journey into a terra incognita.
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