by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What is a Window of Opportunity or Strategic Window? A window of opportunity, commonly referred to as a strategic window, is the period of time in which an approach or strategy can be employed to exploit (gain value from) a recognized opportunity (scenario where value...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What is a Wicked Problem?Major organizational problems related to strategy (generally competitive strategy) or often referred to as “wicked problems”.Wicked problems can also be applied to society at large. Some examples of wicked problems are poverty, terrorism,...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What are the Benefits of a Startup Getting Acquired vs. IPO?For many startups, getting acquired is the ultimate goal. However, many startup founders refuse to sell their venture and ultimately go public with their company. If the company is not acquired, it is rare...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What is Entrepreneurship?Entrepreneurship is a difficult concept to define. At its heart, entrepreneurship concerns starting or fostering the growth of a business. There are several types of entrepreneurship, or methods for starting or fostering the growth of a...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
How to Prepare a Startup for Equity Investment?Startups, by their very nature, are generally growth-based companies. This means that the company attempts to grow as quickly as possible to reach a critical customer base. The company’s metrics for success include:...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
Options for Compensating EmployeesOperational Revenue The first option for compensating an employee is to use operational funds. Of course, this becomes a problem when the company does not produce adequate revenue to pay the employee. Also, startup companies generally...
