Innovations rarely come from “experts". When it comes to improbable innovations, one legendary tech Venture capitalist told my guest today that the future cannot be predicted, it can only be discovered. Sebastian Mallaby is the Paul Volcker Senior Fellow in International Economics at the Council on Foreign Relations and a Washington Post columnist. In his new book The Power Law - Venture Capital and the Art of Disruption, he has parlayed unprecedented access to the most celebrated venture capitalists of all time—the key figures at Sequoia, Kleiner Perkins, Accel, Benchmark, and Andreessen Horowitz, as well as Chinese partnerships such as Qiming and Capital Today—into a riveting blend of storytelling and analysis that unfurls the history of tech incubation, in Silicon Valley and ultimately worldwide.
Whether you’ve launched your own e-commerce endeavor, built your own professional services firm, sold online courses or membership programs, or are just itching to flex your entrepreneurial muscles, starting a small business – a company with 20 employees or fewer – is a rewarding way to earn a living and get creative. In Elaine Pofeldt’s new book ‘Tiny Business, Big Money’ she reveals the strategies for creating a high-revenue microbusiness. In it, she reveals insightful profiles of nearly 60 micro-businesses that hit $1 million in annual revenue including 49 that hit seven figures with either no payroll or very small teams. Elaine is a journalist specializing in entrepreneurship and is also the author of The Million-Dollar, One-Person Business. Her work has appeared in CNBC, Fortune, Forbes, Money, and the Tim Ferriss Show
David Schonthal is an award-winning Professor of Strategy, Innovation & Entrepreneurship at the Kellogg School of Management where he teaches courses on new venture creation, design thinking, healthcare innovation, and creativity. Along with his colleague Loran Nordgren, David is one of the originators of Friction Theory – a ground-breaking methodology that explains why even the most promising innovations and change initiatives often struggle to gain traction with their intended audiences – and what to do about it. This work is popularized in David’s bestselling new book, The Human Element: Overcoming the Resistance That Awaits New Ideas.