ARBUS200 Lecture Notes - Lecture 1: Learning Organization, Skunk Works, Root Mean Square
19 Feb 2017
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Document Summary
Serial entrepreneur: investor/cv/ai who backs like 20 start ups. Entrepreneur: person in effective control of commercial undertaking: french word which derives from the word enterprise, up until 18th century they were deemed as seditious forces, going to up-end traditional society, The change agents are ones which challenge groups who work for themselves more than for the communal good, entrepreneurs seen as david"s, challenging the goliath"s (big corps) of the world. Populist belief with entrepreneurs because they can challenge big corps or governments, become much more prevalent and powerful than they did in the past. All starts with an individual (can be anyone), someone who comes up with an idea/opportunity which has merit, works in a process that leads to a commercially viable opportunity. Virtuous circle: where people take you seriously once you"ve reached m/yr. Entrepreneurs increasingly desired because market is uncertain, established rms become stodgy, bureaucratic, desire for leadership.
