by Donald McMichael
I have the pleasure of teaching entrepreneurship at FIT (Fashion Institute of Technology) in NYC. Being a New York City based business school cloaked as a design/art institute provides fertile ground for discipline mash-ups. The attached article from FT.com details the rise of retail mash-up, Antwerp’s concept stores which display and sell everything from clothing […]
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by Donald McMichael
One reason so many startups fail is that they either craft a business plan then shelve it at launch or worst yet slavishly follow it without adjusting when the initial assumptions are proven by the market to be invalid. Instead, entrepreneurs should take a page from the concept of lean manufacturing and focus on “learning […]
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