In this kind of economy, when many businesses are struggling, who has the luxury to think beyond survival tactics? In their book The Entrepreneurial Mindset (Harvard Business School Press) Rita Hunter McGrath and Ian MacMillan assert that uncertain times are the best times to revise and develop long-term strategy. One of the book's reviewers, Peter Hupalo claims, “Successful … entrepreneurs experiment intelligently. They don’t view every business move as a do-or-die endeavor for their company. Habitual entrepreneurs focus ruthlessly upon priorities and ruthlessly weed out unprofitable endeavors. They balance current, profitable, business operations with an eye to future opportunities.”
Click here for more from Hupalo on The Entrepreneurial Mindset.
