ENGL 112 Lecture Notes - Lecture 14: Zip Drive, Airbnb, Intrapreneurship
Document Summary
Independent in his operation raises funds required for the enterprise. Bears the risk involved in the business. Funds are not raised by the intrapreneur. Does not fully bear the risk involved in the enterprise. Design/run rapid experiments, take action on results. Build partnerships to increase capabilities both internally & externally. A start-up is a temporary organization designed to search for a repeatable and scalable business model. - steve blank. Temporary: during this period, expenses are greater than the revenue, thus it should only be temporary. Scalable: size how much can the company grow. Look at what"s bugging you - david cohen, techstars. Live in the future, build what"s missing - paul graham, founder y combinator. It all comes back to the value proposition. Who are dissatisfied with (the current alternative) People cannot find a good and easy way to share pictures complication of the first product. Provides a easier way to share pictures.
