
What's Next! with Tiffani Bova
RELOAD: Getting Back to Lean with Steve Blank
Mar 28, 2024
Career entrepreneur and academic, Steve Blank, discusses the essence of startups as temporary organizations. He highlights the pitfalls of acting like big companies and emphasizes the distinction between entrepreneurs and innovators. Steve delves into the challenges faced by those stuck in 'the frozen middle' and offers insights on how to navigate the ever-changing business landscape.
41:26
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Quick takeaways
- Startups should focus on finding a repeatable business model, while established companies need to maintain innovation.
- Distinguishing between entrepreneurs and innovators is essential for successful venture execution.
Deep dives
The Importance of Flexibility and Innovation in Business
Being adaptable and innovative is crucial for businesses to thrive in today's dynamic landscape. The podcast emphasizes the significance of embracing change and uncertainty. It highlights the frozen middle concept where organizations struggle to navigate between acting small like startups or big like corporations, ultimately hindering progress.
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