THIS BOOK ISNOT FOREDISON

Many know Thomas A. Edison for his inventive prowess but only a few recognize him as the co-founder of General Electric. By his death in 1931 he stood among the world's wealthiest—a notable feat when many of his contemporaries some arguably more talented faced financial hardships. Success lies in using innovation and hard work to establish a lasting institution that creates economic value. For a technologist this means stepping into a founder-CEO co-founder or intrapreneurial employee role to build a scalable firm or unit. It's a dual challenge: crafting a strategic business model while pioneering intricate technological innovations. This journey is akin to constructing a vehicle for a long arduous voyage to an unknown destination. Is entrepreneurial leadership a competence a passionate technologist can cultivate? What are the essential elements to nurture entrepreneurial leadership?Borne out of in-depth exploration this book emerges from probing the perspectives of technologists and other skilledprofessionals driven by the ambition to establish influential enterprises. This book is primarily for techentrepreneurs—especially first-time entrepreneurs corporate intrapreneurs students contemplating startups and research professionals looking to commercialize innovation. Navigating this journey inherently presents complexities particularly for functional experts as it entails numerous dimensions and pathways filled with pivotal decisions that profoundly influence their ultimate results.The book talks about the following essential parts of growing a startup:? Evidence-based intuitive entrepreneurship: How do you augment your intuition and conviction withevidence-based decision-making?? Balancing focus and agility: How would you safely navigate foreseen and unforeseen conditions as theenvironment changes continuously and unpredictably?? Moving from foresight to forecast: How would you demonstrate and navigate towards a model yielding areliable forecast of outcomes starting with your inventive idea?? Entrepreneurial leadership: What are the essential leadership competencies to build a business model aroundthe firm’s technology that you understand deeply?