Author: thecodefactory

Risk vs Uncertainty – Why Startups are Better Innovators Than Large Enterprise? Startups are better innovators because they are able to deal with uncertainty and dealing with uncertainty is one of the key skills required to successfully navigate an emerging market. I was listening to a Freakonomics podcast while walking my dog the other day when I was first introduced to the difference between managing risk and dealing with uncertainty. Both managing risk and dealing with uncertainty are great skills to have, but are essential skills for very different stages in the market lifecycle and size of organization. Large enterprise...

Bring Your Small Business to the Next Level Every business gets to a point where they feel like they need to take things to the next level. Over the years we have worked alongside many small businesses at all different stages, and we’ve found a few common things that tend to give them that boost that they need. Here are some examples of ways you can take your small business to the next level if you’re feeling stuck. Location Most startup businesses tend to start from home – before you can afford your own office space. Having your business...

This post was inspired by an article I read in HBR titled “Are Americans Enamored with the Wrong Kinds of Entrepreneurs?” and the recent “consultation” on small business tax reform. The author of the HBR article goes on to provide a glowing review of the launch of FedEx by Fred Smith in 1971. The academic FedEx story summary goes something like this … from University paper to scale up in a few short years. However, much like Elaine in Seinfeld regarding the lobster bisque, the author yada, yada, yada’d over the best part of the FedEx story. I am...