Staying out of the weeds
Microsoft will never be mistaken for a small company – and it left its entrepreneurial roots behind long ago, but there are still important lessons new business owners can take from the company.
With so many divisions fighting for R&D dollars, CEO Steve Ballmer says he often feels like a “mini venture capitalist,” having to choose between the ideas he thinks will work and those that won’t. In this segment, taken from a Entrepreneurial Thought Leader lecture given earlier this year at Stanford University, he talks about which ideas and projects receive resources and the importance of staying focused on core-competancies and core-strategies.
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About the Author, Chris Morris
Chris Morris is editor of the Entrepreneur Corner on VentureBeat, helping start-up business owners launch and grow their companies. He previously worked at Yahoo! Finance, where he was managing editor, and as director of content development at CNNMoney.com. His work has also appeared in Variety, CNBC.com, AOL and Forbes.com.