By Steven Drost — 2017
The days of the lone wolf company founder are over. Building a successful business can be a lot easier when you work with other entrepreneurs
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Even though Black women are starting businesses at a rapid rate, their businesses earn less revenue, remain smaller, and have a higher failure rate.
In France, “Entrepreneurs used to be seen as people with nothing left to lose. Now it’s become acceptable, even desirable, to be a start-up.”
A close look at entrepreneurship’s notion towards social reforms and responsibility, and how over time it has brought a positive change in our lives.
Today, we recognize cultural entrepreneurship to be both the economic power of creative industries and the unique strength that creative individuals bring to traditional entrepreneurship as leaders, managers and innovators.
Culture is important for an entrepreneurial venture because it is the mechanism that institutionalizes the values of its founders. Culture helps employees understand how they should treat the customers, how they should treat each other, how they should act in their jobs, and how to be successful.
In massive growth, I don’t think any entrepreneur is able to pinpoint the exact moment that freedom starts to dissipate, but it does. This is because with success and scale come responsibility and logistics.
Oftentimes, strong culture is confused with surface-level perks, but those do little for long-term engagement, writes Sarah Wilson of Rokt.
Everybody talks about company culture these days, but very few people in the industry understand what it really means. Even fewer people know how to build one.