It's not clear that being the first-mover will provide the rash of Internet startups a sustainable competitive advantage. Ultimately being right, or better positioned, may be more important than being first.
In this critically acclaimed bestseller, entrepreneurial sage Randy Komisar asks us to answer it for real. The book's timeless advice - to make work pay not just in cash, but in experience, satisfaction, and joy - will be embraced by anyone who wants success to come not just from what they do, but from who they are.
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If you turn a visionary startup into an operating company too early, you throw out its birthright. It will never be as big, or as influential as it might otherwise be. It will be much harder, perhaps impossible, to expand the vision later, when performance is being measured, because then there's too much at stake.
When the Soviet Union fell, optimistic scholars believed the world had shifted inexorably in the direction of free markets and liberal democracy. Instead, the West gradually embraced bigger government and weaker social bonds, creating a fragmented society in which the only thing we all belong to, as President Barack Obama puts it, is the state.