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Successful entrepreneurs are often seen as impulsive gamblers. Neil Blumenthal says he used a different strategy to grow billion-dollar eyewear brand Warby Parker: minimizing risk. According to Blumenthal, building your business strategy around risk minimization can save money and help your company scale to meet demand. Warby Parker‘s first retail store was a showroom built into its New […]
Urbint, a startup developing AI-powered solutions for infrastructure and utility safety, today announced it has raised a $ 20 million round. The company will use the capital to scale products and expand into new markets and countries, with the goal of delivering “quantifiable” improvements in worker well-being. In the early days of the COVID-19 pandemic, […]
Apple’s success is partly driven by its extraordinary skill constructing complex global supply … [+] networks. SOPA Images/LightRocket via Getty Images In my last post I talked about how unfounded assumptions are at the root of the most dangerous types of crisis. In this one I’ll explore some of the reasons why such severe crises […]
Mark Zuckerberg wasn’t afraid to risk a $ 2 billion investment in Oculus that didn’t pay off What are you afraid of? March 26, 2018 5 min read Opinions expressed by Entrepreneur contributors are their own. In 2014, Mark Zuckerberg invested $ 2 billion in the startup virtual reality (VR) platform, Oculus. Observers, including the media, expected […]