Entrepreneurs must balance out the short and long term. At times, short and long-term do converge. At other times, they seem to diverge. How do you make sure that the short-term positively converges with the long-term vision of your business? A concept I came up with as I dived into various business models is "transitional business models." You will also find a short video lecture at the end of this newsletter issue! This concept changed my view of the business world. How? When companies...
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