Domain name registration would be the first step, which an entrepreneur should do for starting an online business. It is a unique address that entrepreneur should reserve on the Internet. What is an Internet domain name & domain name registration Following the definition from Wikipedia, a domain name is an identification string that defines a … Read more
I had a short chat yesterday and got a question: how effectuation is connected to experiential learning. It was a question from a researcher that you might see it is a bit academical. However, it is helpful when applying to practical cases. Definition of experiential learning A quick definition of experiential learning is a learning style that … Read more
Effectuation is a logic of thinking, discovered through scientific research, used by expert entrepreneurs to build successful ventures. Saras Sarasvathy, a professor at the University of Virginia’s Darden School of Business, made a research with a group of entrepreneurs. The participants had over 15 years of experience, had founded multiple ventures including both successes and … Read more
I had a chat with a friend, Ebbe, few days ago. He told me a story about what his team did in Shanghai. The goal was pushing coffee revenue for a company there. How did they do? At that time, online game was very popular in Shanghai and attracted many young people playing. Ebbe and … Read more