In recent years the number of entrepreneurial initiatives have sky-rocketed. And although many try, roughly 9 out of 10 fail. However, there seems to be a new type of activities emerging that are more promising. The Mintzberg Society is concerned with the values, that are espoused and lived by researchers like Henry Mintzberg. To name the most important ones:
- Realize that we are borrowing the Earth from our children. When you borrow something you make sure it is in perfect shape when you hand it back.
- The business models from the past, maximizing shareholder value, maximizing profits and while doing so squeezing the juice out of our resources (people included) are no longer accepted by a growing community.
- Instead of trying to persuade (lure) consumers into buying useless things, try to create what people really use. ...You can never have enough of what you don't need...
A wonderful quote from the Happy Startup School:
What’s your exit strategy?
I’ve always found this to be a strange question, probably because I didn’t set out in business with the aim of selling it for a handsome dime. I wanted to take control of my life, do things my way and ultimately build a business in my image. The thought of creating something you’re proud of, only then to hand it over when a good offer comes in doesn’t sit well with me. Likewise chasing investors early on and giving away equity before you’ve found any passionate customers.
So that's why we (the Mintzberg Society) would like to share the ideas of a fast growing community. Read the full blog from the Happy Startup school here