Startup Myths and Models

Startup Myths and Models
Title Startup Myths and Models PDF eBook
Author Rizwan Virk
Publisher Columbia University Press
Pages 409
Release 2020-06-02
Genre Business & Economics
ISBN 0231550871

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Budding entrepreneurs face a challenging road. The path is not made any easier by all the clichés they hear about how to make a startup succeed—from platitudes and conventional wisdom to downright contradictions. This witty and wise guide to the dilemmas of entrepreneurship debunks widespread misconceptions about how the world of startups works and offers hard-earned advice for every step of the journey. Instead of startup myths—legends spun from a fantasy version of Silicon Valley—Rizwan Virk provides startup models—frameworks that help make thoughtful decisions about starting, growing, managing, and selling a business. Rather than dispensing simplistic rules, he mentors readers in the development of a mental toolkit for approaching challenges based on how startup markets evolve in real life. In snappy prose with savvy pop-culture and real-world examples, Virk recasts entrepreneurship as a grand adventure. He points out the pitfalls that appear along the way and offers insights into how to avoid them, sharing the secrets of founding a startup, raising money, hiring and firing, when to enter a market and when to exit, and how to value a company. Virk combines lessons learned the hard way during his twenty-five years of founding, investing in, and advising startups with reflections from well-known venture capitalists and experts. His candid advice makes Startup Myths and Models an ideal guide for those readers just embarking on the startup life and those looking for their next adventure.

Startup Myths and Models

Startup Myths and Models
Title Startup Myths and Models PDF eBook
Author Rizwan Virk
Publisher Columbia Business School Publishing
Pages 0
Release 2023-08-22
Genre
ISBN 9780231194532

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Budding entrepreneurs face a challenging road. The path is not made any easier by all the clichés they hear about how to make a startup succeed--from platitudes and conventional wisdom to downright contradictions. This witty and wise guide to the dilemmas of entrepreneurship debunks widespread misconceptions about how the world of startups works and offers hard-earned advice for every step of the journey. Instead of startup myths--legends spun from a fantasy version of Silicon Valley--Rizwan Virk provides startup models--frameworks that help make thoughtful decisions about starting, growing, managing, and selling a business. Rather than dispensing simplistic rules, he mentors readers in the development of a mental toolkit for approaching challenges based on how startup markets evolve in real life. In snappy prose with savvy pop-culture and real-world examples, Virk recasts entrepreneurship as a grand adventure. He points out the pitfalls that appear along the way and offers insights into how to avoid them, sharing the secrets of founding a startup, raising money, hiring and firing, when to enter a market and when to exit, and how to value a company. Virk combines lessons learned the hard way during his twenty-five years of founding, investing in, and advising startups with reflections from well-known venture capitalists and experts. His candid advice makes Startup Myths and Models an ideal guide for those readers just embarking on the startup life and those looking for their next adventure.

The Unicorn's Shadow

The Unicorn's Shadow
Title The Unicorn's Shadow PDF eBook
Author Ethan Mollick
Publisher University of Pennsylvania Press
Pages 117
Release 2020-06-23
Genre Business & Economics
ISBN 1613630972

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Bringing hard data to the way we think about entrepreneurial success, this bold call to action draws on the latest scientific evidence to dispel the most pervasive startup myths and light a path to entrepreneurship for those eclipsed by the hype. When you think of a successful entrepreneur, who comes to mind? Bill Gates? Mark Zuckerberg? Or maybe even Jesse Eisenberg, the man who played Zuckerberg in The Social Network? It may surprise you that most successful founders look very different from Zuckerberg or Gates. In fact, most startup origin stories are very different from the famous "unicorns" that have achieved valuations of over $1 billion, from Facebook to Google to Uber. In The Unicorn's Shadow: Combating the Dangerous Myths that Hold Back Startups, Founders, and Investors, Wharton School professor Ethan Mollick takes us to the forefront of an empirical revolution in entrepreneurship. New data and better research methods have overturned the conventional wisdom behind what a successful founder looks like, how they succeed, and how the startup ecosystem works. Among the issues he examines: Which founders are most likely to succeed?Where do the best startup ideas come from?What's the most foolproof way of securing the funding needed to take a company to the next level?Should your sales pitch really be something out of Hollywood?What's the best way to grow and scale your company and create a thriving culture that won't hinder expansion? Mollick argues that entrepreneurship is too important, both for society and for the individuals who start companies, to be eclipsed by the shadows of unicorns. He shows we can democratize entrepreneurship—but only by following an evidence-based approach that puts to rest the false narratives that surround it.

The Illusions of Entrepreneurship

The Illusions of Entrepreneurship
Title The Illusions of Entrepreneurship PDF eBook
Author Scott A. Shane
Publisher Yale University Press
Pages 220
Release 2008-10-01
Genre Business & Economics
ISBN 0300150067

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There are far more entrepreneurs than most people realize. But the failure rate of new businesses is disappointingly high, and the economic impact of most of them disappointingly low, suggesting that enthusiastic would-be entrepreneurs and their investors all too often operate under a false set of assumptions. This book shows that the reality of entrepreneurship is decidedly different from the myths that have come to surround it. Scott Shane, a leading expert in entrepreneurial activity in the United States and other countries, draws on the data from extensive research to provide accurate, useful information about who becomes an entrepreneur and why, how businesses are started, which factors lead to success, and which predict a likely failure. The Illusions of Entrepreneurship is an essential resource for everyone who has dreamed of starting a new business, for investors in start-ups, for policy makers attempting to facilitate the formation and survival of new businesses, and for researchers interested in the economic impact of entrepreneurial activity. Scott Shane offers research-based answers to these questions and many others: · Why do people start businesses? · What industries are popular for start-ups? · How many jobs do new businesses create? · How do entrepreneurs finance their start-ups? · What makes some locations and some countries more entrepreneurial than others? · What are the characteristics of the typical entrepreneur? · How well does the typical start-up perform? · What strategies contribute to the survival and profitability of new businesses over time?

The Simulation Hypothesis

The Simulation Hypothesis
Title The Simulation Hypothesis PDF eBook
Author Rizwan Virk
Publisher Bayview Books, LLC
Pages 324
Release 2019-03-31
Genre Computers
ISBN

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The Simulation Hypothesis, by best-selling author, renowned MIT computer scientist and Silicon Valley video game designer Rizwan Virk, is the first serious book to explain one of the most daring and consequential theories of our time. Riz is the Executive Director of Play Labs @ MIT, a video game startup incubator at the MIT Game Lab. Drawing from research and concepts from computer science, artificial intelligence, video games, quantum physics, and referencing both speculative fiction and ancient eastern spiritual texts, Virk shows how all of these traditions come together to point to the idea that we may be inside a simulated reality like the Matrix. The Simulation Hypothesis is the idea that our physical reality, far from being a solid physical universe, is part of an increasingly sophisticated video game-like simulation, where we all have multiple lives, consisting of pixels with its own internal clock run by some giant Artificial Intelligence. Simulation theory explains some of the biggest mysteries of quantum and relativistic physics, such as quantum indeterminacy, parallel universes, and the integral nature of the speed of light. Recently, the idea that we may be living in a giant video game has received a lot of attention: “There’s a one in a billion chance we are not living in a simulation” -Elon Musk “I find it hard to argue we are not in a simulation.” -Neil deGrasse Tyson “We are living in computer generated reality.” -Philip K. Dick Video game technology has developed from basic arcade and text adventures to MMORPGs. Video game designer Riz Virk shows how these games may continue to evolve in the future, including virtual reality, augmented reality, Artificial Intelligence, and quantum computing. This book shows how this evolution could lead us to the point of being able to develop all encompassing virtual worlds like the Oasis in Ready Player One, or the simulated reality in the Matrix. While the idea sounds like science fiction, many scientists, engineers, and professors have given the Simulation Hypothesis serious consideration. Futurist Ray Kurzweil has popularized the idea of downloading our consciousness into a silicon based device, which would mean we are just digital information after all. Some, like Oxford lecturer Nick Bostrom, goes further and thinks we may in fact be artificially intelligent consciousness inside such a simulation already! But the Simulation Hypothesis is not just a modern idea. Philosophers like Plato have been telling us that we live in a “cave” and can only see shadows of the real world. Mystics of all traditions have long contended that we are living in some kind of “illusion “and that there are other realities which we can access with our minds. While even Judeo-Christian traditions have this idea, Eastern traditions like Buddhism and Hinduism make this idea part of their core tradition — that we are inside a dream world (“Maya” or illusion, or Vishnu’s Dream), and we have “multiple lives” playing different characters when one dies, continuing to gain experience and “level up” after completing certain challenges. Sounds a lot like a video game! Whether you are a computer scientist, a fan of science fiction like the Matrix movies, a video game enthusiast, or a spiritual seeker, The Simulation Hypothesis touches on all these areas, and you will never look at the world the same way again!

Entrepreneur Myths

Entrepreneur Myths
Title Entrepreneur Myths PDF eBook
Author Damir Perge
Publisher Createspace Independent Publishing Platform
Pages 0
Release 2012-12-19
Genre Entrepreneurship
ISBN 9781481192798

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Thousands of entrepreneurs fail each year because they fall for the common myths about entrepreneurship. These entrepreneur myths propagate like a virus because no one has taken the time to aggregate, analyze, reflect and filter this valuable information from an entrepreneur and venture capitalist perspective. Entrepreneurs are the key driver of the global economy and entrepreneur success and survival depends on using entrepreneur frameworks that dispel entrepreneur myths and provide competitive advantages. The competitive edge entrepreneurs need to succeed is the knowledge that can only be gained by learning real-life lessons from real-life entrepreneurs and investors. Those lessons aren't learned in any business school. Entrepreneur Myths exposes the reality of the myths that can kill any startup business.

Zen Entrepreneurship

Zen Entrepreneurship
Title Zen Entrepreneurship PDF eBook
Author Rizwan Virk
Publisher
Pages 0
Release 2013-05
Genre Business & Economics
ISBN 9780983056911

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"Tales of Power meets the Peaceful Warrior... in Silicon Valley! It's entertaining, humble, insightful and valuable - not just to entrepreneurs, but to anyone looking to manifest their dreams and make a difference in the world." -Foster Gamble, Creator and Host, Thrive: What on Earth Will It Take "You will come away with insight about yourself, guidance ... and knowledge that you may not be able to acquire anywhere else save the mountaintops of the Himalayas." -Bookreview.com Read Zen Entrepreneurship, the book that has inspired entrepreneurs and spiritual seekers worldwide! Based on a true story, this book is about succeeding in life while walking a spiritual path. Follow the travels of a young entrepreneur as he starts and grows a multi-million dollar business, only to discover that real success is tied to the hidden worlds and learn the secrets of being a Career Warrior. This book is not just for entrepreneurs, but for anyone who wants to find their work and place in life, who want to bring more integrity into their work and be more successful personally and financially. "Riz Virk brings the wisdom of ancient Eastern traditions into a purely Western setting. The result is an often hilarious but always insightful book that will change how you view career success and help you discover and walk your own unique path." -Marc Allen, author of Visionary Business, CEO and co-founder of New World Library Zen Entrepreneurship will teach you the 14 hidden keys for success, including: how to use your work for spiritual growth how to achieve success using the Four Keys to Manifestation how to discover and transcend your Energetic Pattern, rather than letting it run you how to bring the magic and mystery of a treasure hunt into your career. how to find the 7 Clues that are pointing you to the person you were meant to be! How to utilize your dreams and synchronicity to serve as your guide How to find and utilize Places of Power, and Times of Power to be more successful How to manifest appropriately to propel you to financial and business success How to find and walk your own Warrior's Path, the unique combination of lesson and contributions you are here for "Zen Entrepreneurship changed my life, it confirmed for me that 'clues' exist in the world around us and are powerful. I shared this book with every one of my clients from that point forward. Powerful. A must read... it reinforces that there is a bigger guide within us if we choose to listen" -Lorin Beller, author of From Entrepreneur to Big Fish: 7 Principles of Wild Success