Slow and Steady Wins the Race: Other Models for Entrepreneurship – December 2016

I have been writing consistently about entrepreneurs who target disruption and force change in
markets, change that existing market leaders often will not initiate. This can lead to spectacular success or spectacular failure. Remember, every major transformative change typically occurs on the backs of three rounds of dead investors. Global communications operating at ultralow costs exist today because companies such as Lucent put fiber across the globe but could not recover their investments.
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