Sunday, January 19, 2014
Mistakes microISVs Make
Charlie Jones and Kim Doren interview Moorehead in their book "That's Outside My Boat," and ask her about the relationship between success and mistakes.
A successful enterprises requires a culture in which entrepreneurs can make mistakes, Moorehead explains. If you're not making mistakes, you're not taking risks. And not taking risks is a bad thing.
Moorehead believes that a company cannot gain a competitive advantage by simply mimicking competitors' actions and strategies. Risk taking is necessary for the breakthroughs you'll need to leap-frog your competitors.