Strategy illustration by the Hiking Artist

How Big Data Can Drive Strategy

Strategy is a funny old word. Although it’s bandied around a lot, almost everyone has a different meaning. If asked, for example, what a general’s strategy is in war, most people would say, “It’s to beat the enemy and win.” But surely apart from traitors and the deluded, that is every general’s strategy. In business,…

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Mixed Messages on Entrepreneurship

How do you know if a country is doing enough to stimulate entrepreneurship? The question came after reading an academic paper called “Do serial entrepreneurs run successively better-performing businesses?” Written by Simon C. Parker, it has just been published in the Journal of Business Venturing. Tapping the US Panel Study of Income Dynamics (PSID) database,…

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The Efficiency Trap

This post first appeared in the Irish Executives Network blog. Doesn’t “moving the goalposts” sound unfair? When leveled at a person, the accusation conjures up images of an underhanded and devious individual — the kind of person you want inside your tent spitting out! Moving the goalposts may be the mark of a shifty personality…

Stuart McGoldrick

Entrepreneur: “Einstein Was Wrong” & 3 More Tips For Startups

Einstein would have made a lousy entrepreneur. Or maybe he just would have gotten one of the basics wrong. The scientist, whose name is now synonymous with intelligence, once said that “imagination is more important than knowledge.” But, as a fresh-faced, 14-year-old entrepreneur, Stuart McGoldrick found the opposite was the case. Flush from the success…

Mark Suster

5 Tips & 3 Thoughts For Entrepreneurs

Starting a company is like making sausage, so don’t be fooled by the other guy’s press release. It’s probably as ugly behind the scenes there, according to Los Angeles-based venture capitalist, Mark Suster. Speaking at the 2013 Web Summit (@WebSummitHQ), Suster (@msuster) was introduced by conference organizer Paddy Cosgrave (@paddycosgrave) as “one of the most…

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10 Tips For Building a Killer Startup

Be careful building that killer startup, said serial entrepreneur Michael Acton Smith. Its first victim could be you! Speaking at the Dublin Web Summit (@WebSummitHQ), the Moshi Monsters guy (@acton) outlined his tips for entrepreneurs and threw in a health warning: “Many of them almost killed me with their craziness and intensity,” he said. Once…