2018-06-13 18:35
Last week, I traveled from my home in Los Angeles back to Worcester, MA, where I was born and raised. And while nostalgia can be a guilty pleasure, on this particular trip it gave… Read More
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The Growthink Business Plan Blog provides news and commentary on entrepreneurship, business planning and venture capital.
2018-06-06 19:20
Famed market research firm Nielsen recently evaluated 20,000 new products.From those, it found only 92 with sales of more than $50 million in the launch year and sustained sales thereafter.W… Read More
2018-05-30 18:37
Last week, I wrote about how successful companies are led by entrepreneurs and executives highly skilled at getting big deals done. In it I shared 3 factors you must embody to be… Read More
2018-05-23 19:20
Getting big deals done is almost always the key success factor that allows companies to achieve breakout growth.What kind of deals?Securing big new clientsJoint ventures/strategic partnershi… Read More
2018-05-16 18:06
Amazingly, two of the world’s largest management consulting firms - McKinsey ($8.8 billion annual revenue) and Bain ($3.8 billion annual revenue) - no longer focus on giving their clie… Read More
2018-05-09 18:24
The potential of any business can be calculated by its “Idea Formula,” namely:The quantity of new ideas a business generates X its probability of successfully executing upon the… Read More
2018-05-09 04:03
I speak to my friend Steve about once a month. And every few times we speak, he hits me with his latest new business idea.Once in a while, the idea has merit. But most times it doesn't.The o… Read More
2018-05-07 04:09
Venture capitalists (VCs), unlike angel investors, are professional investors that invest other people's money. Similar to angel investors, their goal is to earn a solid return on this money… Read More
2018-05-04 04:38
Donald C. Harrison is no typical doctor. He's perhaps the most financially successful cardiologist ever. You may think his success is the resu… Read More
2018-05-02 17:45
One of the hardest decisions a business owner must make is determining when an outlay of scarce business cash should be seen as a cost......and thus with the goal of minimizing “money… Read More
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